Posts By FinIntell
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129Business NewsFG secures $500m World Bank Loan to Fund Discos
The federal government has secured a $500 million loan from the World Bank to fund electricity Distribution Companies (DisCos). According to the Bureau...
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255Local NewsNNPC Approves ExxonMobil, Seplat ₦1.2b Asset Sale Deal
After over two years of administrative and bureaucratic delays, the Nigerian National Petroleum Company Limited (NNPC Ltd) has finally signed a settlement agreement...
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147Local News‘FG not Paying Fuel Subsidy, but NNPCL can Intervene Routinely’
Minister of State, Petroleum (Oil), Heineken Lokpobiri, has attempted to clear the doubts expressed by oil and gas operators, economists, as well...
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134Economy & MarketNGX All-Share Index Hits 5-Week High
EQUITIES The bulls continued to dominate activities in the domestic bourse as bargain hunting in SEPLAT (+10.0%) triggered a 0.5% gain in the...
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159Local NewsFG Rolls out CNG-powered Vehicles, Projects $10b Market
The Federal Government has commenced the rollout of Compressed Natural Gas-powered buses and tricycles beginning from Ilorin, the Kwara State capital. On...
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105Business NewsNigeria’s 2023 Oil Export to Indonesia Hit $3.8b
Nigeria exported crude oil and gas valued at over $3.8bn to Indonesia in 2023, the Indonesian Ambassador to Nigeria, Usra Harahap, has...
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142Local NewsFed Govt to Give Special Forex Access to GenCos
Minister of Power, Adebayo Adelabu, has said the Federal Government is planning to give electricity generation companies (GenCos) access to foreign exchange...
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118Economy & MarketNigeria’s E-commerce Value Reaches $9.02b
The Nigerian Export Promotion Council (NEPC) said that the country’s E-commerce value rose from $675.68 million in 2022 to $9.02 billion in...
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107Local NewsFG Targets Greenhouse Emission Reduction Through Decarbonisation
The Federal Government has backed a pioneering move towards a sustainable and environmentally-friendly future. It partnered with Bibigizer Africa Limited, a leading...
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94Foreign NewsAsian Stocks, Bonds Fall as High Yields Hit Mood
Stocks, currencies and bonds across Asia slumped on Thursday, as US Treasury yields near this year’s high underscored uncertainty over the timing...
