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Business & Economy
Tinubu meets leadership of Chevron Corporation, energy company, at state
President Tinubu met with the leadership of Chevron Corporation, an energy company at the state house on Tuesday, January 23.
This was disclosed by the Special Adviser to President…
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N47bn debt: NCAA slams ‘no pay, no service’ sanction on debtor airlines
Any local airlines that owe the Nigerian Civil Aviation Authority (NCAA) will not be allowed to operate, according to Capt. Chris Najomo, the acting director general of the…
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Lagos prohibits inflammable storage
The government of Lagos State has issued a warning regarding the careless handling and storage of combustible materials.
Lagos State Government targets bridge facilities and priority…
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FG hopes to reach $1 trillion in maritime earnings, by 2027
The Federal Government expects Nigeria to achieve $1 trillion in economic growth by 2027, with the country's maritime sector playing a crucial role in this achievement.
During a…
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MTN gets NCC’s nod to disconnect Globacom from network
Due to interconnect debt, MTN has been given permission by the Nigerian Communications Commission (NCC) to cut Glo off from its network.
The public and Globacom subscribers were…
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Dangote: EFCC raid could hurt economy, scare investors – Reps member, Ikenga
The raid on the Dangote Group headquarters by agents of the Economic and Financial Crimes Commission, or EFCC, has alarmed Hon. Ikenga Ugochinyere Ikeagwuonu, a member of the House of…
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NNPCL, marketers fight over subsidies, operators set price of petrol at N1,200 per litre
On Tuesday, the Nigerian National Petroleum Company Limited and fuel marketers affiliated with the Independent Petroleum Marketers Association of Nigeria battled once more over the…
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Banking stocks drive market capitalisation past historic N40tn
At the end of trading on Wednesday, the Nigerian Exchange Limited's market capitalization exceeded N40 trillion due to heightened trading activity in banking equities.
In a similar…
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FG cuts external borrowing, debt soars to N88tn
According to the most recent data from the Debt Management Office, the Federal Government's desire for loans from overseas banks is decreasing.
This is because, as of the end of…
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FG’s domestic borrowing rises to N7.04tn, says DMO
The Federal Government borrowed N7.04 trillion domestically in 2023, based on information released on Monday by Patience Oniha, Director-General of the Debt Management Office. She added…
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