The Federal Inland Revenue Service (FIRS) says it has inaugurated a new Automatic Exchange of Information-Common Reporting Standard (AEOI-CRS) system for the…
Business News Report
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There was palpable joy on Saturday as the first international flight landed at the Murtala Muhammed International Airport (MMIA), Lagos. The News…
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Okomu Oil Palm Company Plc. is set to add not less than 1, 250 new jobs to the Edo State economy with…
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Mouka, manufacturer of mattresses and beddings has restated its commitment to consumers’ wellbeing by delivering quality products which enhance sleep and ultimately…
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EconomyFinanceNews
Nigeria to receive COVID-19 research support from UK’s 24 new international projects
UK government has invested £7.2 million in 20 new research projects to address the impact of Covid-19 in vulnerable communities. The projects include…
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The local market sustained last week’s positive performance as the bulls showed no signs of an early retreat, posting gains on all…
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MaritimeNews
Crude Affreightment: NIMASA revives move to change terms of trade, seeks new maritime security strategy
The Nigerian Maritime Administration and Safety Agency (NIMASA) has revived efforts to change the Terms of Trade for the affreightment of Nigerian…
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Emirates flights to Nigeria will resume this week. Passenger services to Lagos will start again on 7 September and daily flights to…
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BusinessNewsOil and Gas
UK court grants Nigeria’s request for more time to appeal in $10bn P&ID dispute
A court in London has granted Nigeria relief and more time to appeal in the infamous $10 billion P&ID arbitration case for…
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The Nigerian National Petroleum Corporation (NNPC) has obtained a prepayment funding of circa US$1b to support the upstream operations of its subsidiary,…
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Central Bank of Nigeria CBN sold about $500 million to foreign investors on the spot and forward market a test to gauge…
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Nigeria and South Korea have agreed to intensify their collaboration in trade and shipping development. This was disclosed in Lagos during a…
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Zenith Bank first half of 2020 audited result shows that Gross Earnings rose 4.4 per cent year on year to ₦346.1 billion…
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World food prices rose for a third month running in August, led by coarse grains, vegetable oils and sugar, the United Nations…
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Private sector involvement in a debt relief scheme for African countries could prove positive in the long-run if it encourages investment and…