Business
CBN issues ultimatum to First Bank of Nigeria on divesting its interest in Honeywell Flour Mills
In a letter dated 26th April 2021 and addressed to Ibukun Awosika, the Chairman of First Bank Nigeria Limited, in...
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Senate passes amended AMCON bill, empowers corporation to seize debtors’ assets
The Senate, on Wednesday, passed the Asset Management Corporation of Nigeria (AMCON) Amendment bill. The passage of the bill followed...
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Insecurity threatens Kaduna’s rising IGR
Rising cases of kidnapping, banditry, terrorism, and robbery in the north-western region of Nigeria are threatening Kaduna State’s Internally Generated...
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Agriculture: Kogi State secures $100 million AfDB loan
The Kogi state government announced that it has secured a $100 million loan from the African Development Bank (AfDB) for...
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Nigeria Air Force Investment Limited launches 2000 hectare farm in Benue
The investment arm of the Nigerian Air Force, the Nigerian Air Force Investment Limited (NAFIL), has announced the launch of...
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FG bans importation of refined sugar, its derivatives from Free Trade Zones
The Federal Government has banned the importation of refined sugar and its derivatives from the country’s Free Trade Zones (FTZs)....
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Electricity tariffs may rise in July, NERC plans review
The Nigerian Electricity Regulatory Commission on Monday announced that another tariff review for Nigeria’s 11 power distribution companies would hold...
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Gross Loans tend higher amidst improving asset quality
Earlier, NBS released the selected banking data report for the last quarter of 2020. The report revealed growth in gross...
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Tesla beats Wall Street expectation for Q1 revenue
Tesla beat Wall Street expectations for first-quarter revenue and profit, fueled by record deliveries. The electric carmaker – which delivered...
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Despite low income, Nigeria’s population will drive Burger King’s volumes – Zammarieh
In a recent interview, ANTOINE ZAMMARIEH, the managing director of Allied and Confectionaries Services Limited, with over 38 years in...
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