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Saturday, October 19, 2019
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Africa Receives $72bn remittances in 2017

Africa Receives $72bn remittances in 2017 …As Nigeria leads African Countries received about $72bilion in remittances inflow in 2017, just as Nigeria tops other African countries in...

FG Moves to Restructure NIMASA

The Federal Government has said it will restructure the Nigerian Maritime Administration and Safety Agency(NIMASA) in order to enable it perform optimally and bring...

KEDCO’s Customers Urge TCN To Replace Lost And Faulty Transformers

KEDCO’s Customers Urge TCN To Replace Lost And Faulty Transformers Customers of Kano Electricity Distribution Company (KEDCO) have appealed to the Transmission Company of Nigeria...

OCTS Offers $25.5m to Emerge Concessionaire for Warri Port

OCTS Offers $25.5m to Emerge Concessionaire for Warri Port Ocean and Cargo Terminal Services Limited(OCTS) has emerged the preferred bidder for the concessioning of Terminal...

NAFDAC Issues Ban On The Use Of Antibiotics In Animal Feed

NAFDAC Issues Ban On The Use Of Antibiotics In Animal Feed The National Agency for Food and Drug Administration and Control has issued a ban...
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NEXIM Bank Pushes for Improved Trade at UNCTAD 2016

The acting Managing Director and CEO, Nigerian Export-Import Bank (NEXIM Bank), Mr. Bashir Wali, has said efficient trade regulation, within the framework of regional...
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CBN Ban Bills Collection For Milk Importation

CBN Ban Bills Collection For Milk Importation A new policy statement from the Central Bank of Nigeria (CBN) yesterday banned commercial banks and other authorised...

Investors on NSE Lose N2.49 trn in 7 months

Investors on NSE Lose N2.49 trn in 7 months Investors on the Nigerian Stock Exchange (NSE) lost N2.49 trillion or 15.64 per cent between January...

Nigeria hires Tech Companies to End Recession

The Federal Government of Nigeria is hiring some of the United States technology giants such as Oracle Corporation and Microsoft Corporation in its efforts...

FG, BoI Support Traders With Interest-Free Loans

FG, BoI Support Traders With Interest-Free Loans The Federal Government and the Bank of Industry on Tuesday gave out interest-free loans to traders in various...

Govt Policies Unfriendly to Investors – Dangote Firm

Government’s policies such as the removal of the pioneer status tax incentive, the forex policy and customs duties are discouraging local and foreign investment,...

Experts Attribute Rising inflation rate to Border Closure

Experts Attribute Rising inflation rate to Border Closure Financial experts have attributed rise in inflation rate for the month of September to border closure and...

CBN To Compensate 550,000 Rice Farmers Affected By Flood

CBN To Compensate 550,000 Rice Farmers Affected By Flood The Rice Farmers Association of Nigeria says the Central Bank of Nigeria has approved compensation for...

Emefiele Bags The SUN Award for Public Service

Emefiele Bags The SUN Award for Public Service The Sun Publishing Limited, publishers of The Sun titles, on Saturday, February 24, 2018 conferred the Public...

Nigeria’s SMEs Get AfDB Support Of $50m Via Sterling Bank

Nigeria’s SMEs Get AfDB Support Of $50m Via Sterling Bank The African Development Bank has offered a US$50 million line of credit to Nigeria’s Sterling...

Bank of England staff to go on strike after 50 years

Trade union members at the Bank of England, Britain’s central bank, will go ahead with the first strike action by staff for over 50...

NIMASA Shuts Three Jetties For violation of ISPS Code

Pursuant to its mandate as the Designated Authority (DA) for the implementation of the International Ship and Port Facility Security (ISPS) Code in Nigeria,...

NNPC To Restart Exploration Activities In North, Benue Basins

NNPC To Restart Exploration Activities In North, Benue Basins   The Nigerian National Petroleum Corporation on Tuesday expressed its preparedness to re-enter and begin full operations...
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US Overtakes India as Nigeria’s Biggest Oil Importer

For the first time in over two years, the United States has taken over from India as the biggest importer of Nigeria’s crude oil,...

Banks Release N77.4bn For Agric Projects

Banks Release N77.4bn For Agric Projects The Nigerian Incentive-Based Risk Sharing System for Agricultural Lending has facilitated the release of a total of N77.4bn from...