Business
Lagos initiates deal with private firm to manage, operate Imota Rice Mill
Lagos State Government has handed over the management of the Imota Rice Mill facility to private investor for efficient running....
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Nigeria to maintain quota as OPEC+ slashes crude output target by 2mbpd
…Analysts expect higher oil prices The Organisation of Petroleum Exporting Countries and its allies, (OPEC+), on Wednesday agreed to slash...
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Oil Theft: NNPC uncovers 4km pipeline used for 9 Years
The Nigerian National Petroleum Company (NNPC) Limited has uncovered an illegal four-kilometer pipeline from Forcados in Delta State to the...
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CBN Grants Xpress Payments Mobile Money Licence
A subsidiary of Xpress Holdings Limited, Xpress Payments, has been granted a mobile money operator licence by the Central Bank...
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Access Bank To Acquire 51% Equity Stake In Angola-based Company
Access Holdings Plc. has announced that its wholly-owned subsidiary, Access Bank Plc., has entered into a binding agreement with Montepio...
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Europe’s declining workforce offers opportunities for Nigeria – PwC
PricewaterHouse-Coopers has said that as Europe’s workforce decreases, there are existing advantages for job opportunities for the Nigerian labour market....
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World Bank projects 102% debt service, revenue for Nigeria
The World Bank says the debt service to revenue ratio could stand at 102.3 per cent by the end of...
Read moreCrude Oil falls to $88/barrel, OPEC considers 1mbpd cut
Brent, the global benchmark for crude, appreciated in price on Monday as the Organisation of Petroleum Exporting Countries (OPEC) and...
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Nigeria’s active mobile subscribers hit 210m, Internet subscribers exceed 152.2m
The total number of active mobile subscribers reached 210 million in August 2022 from 208.6 million in July, with teledensity...
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Experts want policy reform on FX, others to attract foreign investors to Nigeria
Experts have called for a policy reform in Nigeria in order for the country to attract foreign investor participation. This...
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