Parastatals under the Federal Ministry of Transportation have agreed on modalities for handling areas of overlap in their responsibilities. Director-General of the…
Business News Report
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The Securities and Exchange Commission (SEC) has restated its preparedness to collaborate with the National Information Technology Development Agency (NITDA) to foster safe conducts…
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The Lagos State Government ( LASG) says it will train no fewer than 450 young entrepreneurs on the use of coconut waste…
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BusinessEconomyFinanceNews
FG to release at least 50% of amended capital budgets by end of July—Buhari
President Buhari has said that the Federal Ministry of Finance, Budget and National Planning is in the process of effecting budgetary releases…
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Key market indices of the Nigerian Stock Exchange (NSE) on Friday rebounded by 0.12 percent following price appreciation achieved by MTN Nigeria…
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The International Energy Agency (IEA) raised its 2020 oil demand forecast but warned that the spread of COVID-19 posed a risk to…
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A Lagos, born and based inventor, Chief Executive Officer of Block Stale, Adekunle Daniel, Friday, unveiled the first ever Bitcoin Automated Teller…
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International Monetary Fund, IMF and the World Bank Group have said that this year annual meetings of the Bretten Wood Institutions will…
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The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has charged the newly reconstituted Board of the…
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FinanceNewsStock Market
NSE warns investors on shares of Medview, Union Dicon Salt, Union Homes, 10 others
The Nigerian Stock Exchange (NSE) has urged investors to trade with caution on the shares of 13 companies for failing to submit…
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The FMDQ Holdings (FMDQ Group) has admitted the Axxela Funding 1 PLC ₦11.50 billion Series 1 Bond under its ₦50.00 billion Bond…
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At the end of trade today, the equities market recorded a moderate loss of 1bp to close at 24,276.56 due to sell-offs in INTBREW (-8.9%), FBNH (-0.9%)…
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The Nigerian National Petroleum Corporation (NNPC) in Abuja said there was an increase of 19.14 per cent in the average daily natural…
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Oil prices drifted lower on Thursday as concerns about renewed COVID-19 lockdowns in the United States outweighed signs of a recovery in…
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BusinessEconomyFinanceNews
CBN buckles under IMF, World Bank pressure on exchange rate unification, Naira trade at N381 to dollar
Central Bank of Nigeria apparently buckled under pressure from International Monetary Fund, IMF and World Bank to unify the Naira exchange rate.…