The Nigerian Maritime Administration and Safety Agency (NIMASA) has revived efforts to change the Terms of Trade for the affreightment of Nigerian…
News
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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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BusinessEconomyNewsOil and Gas
Petrol: Motorists, commuters groan as marketers implement new pump price in Lagos
Motorist and commuters in Lagos have decried the increment in pump price of Premium Motor Spirit (PMS), following the new ex-depot price…
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The pump price of petrol has been increased to N151.56 per litre with effect from September 2, 2020. This was disclosed in…
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The Department of Petroleum Resources (DPR) has generated a total sum of N673.7 billion in the first half of this year. Its…
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The Nigerian Stock Exchange’s (NSE) key market indices on Wednesday appreciated further by 0.18 per cent due to sustained bargain hunting. Consequently,…
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NewsOil and Gas
Nigeria aims to be net exporter of petrol over next two-years as BUA picks Axens for refinery project
Nigeria aims to become a net exporter of petrol and other petroleum products over the next two years as oil refinery projects…
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Business growth executive, Stjepan Udovicic, has been appointed the Chief Commercial Officer of 9mobile by the Board of Directors of Emerging Markets…
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The stock market sustained previous day’s positive performance as gains in NIGERIAN BREWERIES (+5.4%), UBA (+4.8%) and ETI (+6.4%) drove the benchmark…