Posts By FinIntell
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321Industry & MoneyNigeria Plans ₦1.1b Private Sector Funding in Power Sector
The Federal Government has disclosed plans to crystallise N1.1bn private sector funding for the power sector. The Managing Director of Rural Electrification...
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254Local NewsFG Orders Discos to Replace Phased-out Meters
The Federal Government has declared that electricity distribution companies must replace any meter phased out due to a meter upgrade. It declared...
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268AgricultureNigeria Loses 855,629 MT of Food to 2024 Floods –Report
The Food and Agriculture Organisation of the United Nations (FAO) has estimated a loss of 855,629 metric tonnes of food to the...
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312Banking & FinanceWorld Bank to FG: Conduct Audit to Reconcile What NNPC Owes Federation
The World Bank yesterday urged the federal government to carry out an audit to reconcile what the Nigerian National Petroleum Company Limited...
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234Money MarketChina’s Buyback Plans, GDP Fuel Asia Stock Gains
Asian equities rose as investors digested China’s better-than-expected economic data and stock buyback program details from the country’s central bank. Gold hit...
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278MartimeOil Steadies, But on Track for Biggest Weekly Loss in Over a Month
Crude oil futures steadied on Friday after strong U.S. retail sales data, but Chinese economic indicators remained mixed and prices were headed...
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248Stock MarketLocal Bourse Sustains Bearish Run
EQUITIES The Nigerian equities market closed on a bearish note, as sell pressures on GTCO (-3.9%), OANDO (-5.8%), and ARADEL (-10.0%) weighed...
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315Industry & MoneyGovt not Introducing New Taxes –FIRS
Chairman of the Federal Inland Revenue Service (FIRS), Zack Adedeji, said yesterday that the tax reform bills recently presented to the National...
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275Business NewsFed Govt’s Deal Opens Dry Lease Access to Airlines
The Federal Government has signed the Irrevocable De-Registration and Export Request Authorisation (IDERA) to enable airline operators to access dry lease aircraft....
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268Banking & FinanceCBN Verifying Disputed $2.4b FX Claims –Cardoso
The Central Bank of Nigeria has commenced a re-validation exercise to ascertain complaints of manufacturers and importers over foreign exchange claims worth...
