Latest News
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147Local NewsNew Wage: Tinubu Directs Edun to Come Up with Cost Implications in 48 Hours
President Bola Ahmed Tinubu, yesterday, directed Minister of Finance and Coordinating Minister for the Economy, Wale Edun, to within two days come...
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265Industry & MoneyCNG to Reduce Petrol Imports by $4.4b
Nigeria is going to reduce the importation of Premium Motor Spirit, popularly called petrol, by about $4.4bn annually by adopting the use...
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152Business NewsSell Crude to Dangote Refinery, FG Directs IOCs
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said it would mandate international oil companies to supply crude oil to Dangote oil...
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133Foreign NewsOil Near 4-mth Low After OPEC+ Supply Plan
Oil prices hovered near four-month lows in Asia on Wednesday as markets digested an OPEC+ decision to boost supply later this year...
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222Banking & FinanceCBN: No Plans to Revoke Additional Banking Licences
Following the recent revocation of the operating license of Heritage Bank Plc, the Central Bank of Nigeria (CBN) yesterday clarified that there...
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234Stock MarketLocal Bourse Extends Downtrend
EQUITIES Bearish sentiments continued in the local bourse today as sell pressures on ZENITHBANK (-3.0%) and UBA (-4.1%) undermined market performance. Consequently,...
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151Foreign NewsAsian Shares Search for Momentum After US Data
Asian stocks struggled for traction as investors weighed concerns about the health of the US economy against stronger expectations for early Federal...
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213Banking & FinanceCardoso Seeks Routine Disclosure of Debt Portfolios
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, yesterday called for routine disclosure of debt portfolios and borrowing activities....
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301Real EstateFederal Mortgage Bank Moves to Recover Delinquent Loans Nationwide
In a bid to recover its delinquent and non-performing loans, the Federal Mortgage Bank of Nigeria (FMBN), yesterday set up seven specialised...
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140Local News‘UK Dedicated to Maximising Trading Scheme Uptake’
The British High Commissioner to Nigeria, Richard Montgomery, has said that the United Kingdom is eager to tap the full potential of...
