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Browsing Category
Economy
Moghalu gives reasons for naira free fall
Former deputy governor of the Central Bank of Nigeria, Kingsley Moghalu said the free fall of Nigeria currency is due to reliance…
Buhari writes Senate for consent to borrow fresh $4 billion & 710…
President Muhammadu Buhari has written to seek senate consent to borrow over $4 billion from external lenders to fund…
FG lines up firms for concession, sale
In a bid to resuscitate some government owned businesses, the Federal Government plans to sell and concession them.
The Bureau…
Ogoni to partner NPDC on oil production
In the wake of the Appeal Court judgement that confirmed the Nigerian Petroleum Development Company (NPDC) as the valid operator…
Banks instructed to block account of 18 companies
Accounts of 18 companies have been ordered to be blocked by the commercial banks in order not to be able to make withdrawals.
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SEC warns Nigerians on Ponzi schemes
As Nigerians continue to loss investment to fraudsters through various investment platforms, the Securities and Exchange…
FG unveils intervention facility to boost gas value chain
The Permanent Secretary of the Ministry of Petroleum Resources, Bitrus Nabasu, says the Federal Government says it has introduced…
Customs threatens to impound private jets
The Nigeria Customs Service (NCS) has vowed to impound private jets in the country that are not verified.
The verification…
Nigeria to increase crude oil production output in 2022
Nigeria would come April 2022 to May 2022 increase crude oil production to 1.8million barrel per day as the Organisation of…
97% of 2020 revenue plunged into debt servicing – BudgIT
A recent report released has revealed that a large chunk of the 2020 revenue of the Federal Government went into debt servicing.
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