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Business News; Tracks, records, analyzes, and interprets the businesseconomic and financial activities, and changes that take place in societies.

Dangote Refinery Presents First Petrol Sample

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The President of Dangote Group, Aliko Dangote, has presented the first sample of Premium Motor Spirit, otherwise known as petrol. Dangote made this presentation on...

We’re Soft Target For Robbery Attacks — Aba, Umuahia POS Operators Lament

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Operators of Point of Sale outlets in Aba, the commercial nerve of Abia State, and its environs have decried incessant robbery attacks on their...

Oil Wasn’t Developed With Money From Cocoa, Says Bayelsa Governor

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Bayelsa State Governor Duoye Diri has explained that oil wasn’t developed in Nigeria by money made from cocoa farming but money invested by international...

We’ll Pay 24.3 Million Poor Nigerians 5k Each For Six Months — FG

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The Federal Government on Tuesday said about 24.3 million poor Nigerians would get N5,000 each for a period of six months. This translates to...

Shell Sells Stake In Nigerian Oil Block For $533m

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The Shell Petroleum Development Company of Nigeria Limited has announced the completion of the sale of its 30 percent interest in Oil Mining Lease...

Bag Of Cement Price To Drop To N7000

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Cement Producers Claim N710 Billion Profit

Cement manufacturers have agreed to bring down the price of the product to between N7,000 and N8,000 per 50kg depending on the location nationwide. During...

UAE To Support Africa’s Clean Energy Projects With $4.5 Billion

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The UAE has pledged $4.5 billion in a financial initiative to fast-track clean-energy projects in Africa. This is according to COP28 President-Designate Sultan Al Jaber,...

We’ll Pursue Expansion Policies To Fight Recession – CBN

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The Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, has said the bank will pursue expansionary monetary policies to fight recession because...

Nigeria’s Ademola Adeyemi-Bero Appointed As Chairman OPEC Board of Governors

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Nigeria has reaffirmed its leadership in the global energy sector with the appointment of Mr. Ademola Adeyemi-Bero, Nigeria’s Governor for OPEC, as Chairman of...

Over 5,000 Debtors Owe FG N5.2trn, Says Finance Minister

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Over 5,000 Debtors Owe FG N5.2trn, Says Finance Minister

Minister of Finance, Budget, and National Planning, Mrs. Zainab Ahmed has said the Federal Government will enforce the recovery of N5.2 trillion debt owed by over 5,000 debtors through various Ministr...

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