stock1

Stock markets begin New Year with big gains

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Global stock markets powered ahead Thursday as investors welcomed 2020 with a raft of strong gains after China’s central bank announced fresh stimulus, dealers...
Naira-1

7 Nigerian banks are under capitalised – Report (See names)

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A stress test conducted by a Dubai-based international investment bank, Arqaam Capital, has indicated that seven Nigerian banks are undercapitalised to the tune of...
Trump-China

Negotiators vow to implement phase one in U.S.-China trade deal

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Top U.S. and Chinese trade negotiators on Friday committed to implementing “phase one” of their countries’ trade deal during their first call since the...
opec image

OPEC to review oil price fall following Coronavirus epidemic

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OPEC members and their ally Russia will convene a technical meeting this week to analyse oil price falls since the outbreak of a coronavirus...
Yemi-Osinbajo 4

Why we are promoting modular refineries, new vision for Niger Delta – Osinbajo

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The integration of artisanal and modular refinery operators into mainstream oil and gas sector promotes the inclusion of more local content in the industry...
AGF1

VAT: States, LGs get more money from February

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The Accountant-General of the Federation Mr Ahmed Idris, says States and Local Government Councils will receive additional funds from February following the implementation of...
Babajide-Sanwo-Olu-3

Gov. Sanwo-Olu Unveils Five-Year Food Sufficiency Road Map for Lagos

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An audacious agricultural growth plan that will enhance food sufficiency in Lagos State has been unveiled by Governor Babajide Sanwo-Olu. The five-year food security road...
generator

Federal government bans ‘I better pass my neighbour’ generator

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The Federal government has banned the importation of a very common brand of generators locally called “I better pass my neighbour”. According to the Vanguard,...
oil-rigs

Oil slips as demand fears outweigh strong US stocks draw

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Oil prices eased on Wednesday on concerns that U.S. fuel demand may not recover as quickly as expected amid stalled talks on an economic...
Kalu-Idika-Kalu (1)

Former finance minister says FG needs a change

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Renowned economist, Dr. Kalu Idika Kalu has charged the federal government to take a critical look at its financial and monetary policies in order...
CBN-Governor-Godwin-Emefiele

Central Bank of Nigeria injects $210m into Forex Market

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The Central Bank of Nigeria (CBN) has injected the sum of 210 million dollars into the inter-bank Foreign Exchange Market to boost liquidity in...
IMF

Egypt agrees $5.2bn aid package – IMF

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An IMF team has agreed on a one-year, $5.2 billion financing package for Egypt. This will help the country alleviate the economic impact of the...
crude-oil

Oil prices hit $50 on coronavirus vaccine rollout

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Oil prices touched their highest level since March on Thursday, as hopes of swifter-than-thought vaccine rollout fueled bullish expectations of strengthening oil demand early...
NSE 3

NSE gains N80bn on last trading day of April

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The Nigerian Stock Exchange (NSE) market capitalisation on Thursday closed the last day of April with N80 billion gain, following sustained demand for blue...
Timipre-Sylva2

FG has no plan to remove fuel subsidy –Silva

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The Minister of State for Petroleum, Mr Timipre Silva on Thursday assured Nigerians that the Federal Government has no immediate plan to remove fuel...

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