BUSINESS
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Seplat Energy set to increase gas production capacity
Mr. Samson Ezugworie, Chief Operating Officer, Seplat Energy, says the company is set to increase its gas production capacity by…
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PoS agents frown at CAC’s registration mandate, say customers will pay more
Some Point of Sale (PoS) agents in the FCT, have frowned at the new directive of the Corporate Affairs Commission…
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Shell Nigeria paid $1.09bn on taxes, royalties in 2023 – Official
Shell says it exclusively paid $1.09 billion in corporate taxes and royalties to the Federal Government in 2023. Mrs Abimbola…
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Bears persist on NGX, capitalisation down N269bn
Negative sentiments persisted on the stock market on Tuesday with the market capitalisation dropping further by N269 billion, amid sell…
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CBN’s cybersecurity Levy ill-timed, negates financial inclusion – Expert
A financial expert, Prof. Uche Uwaleke says the newly introduced 0.5 percent charges on electronic transactions as cybersecurity levy by…
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PoS operators get 2 months to register all agents with CAC, pledge to protect customers
The Corporate Affairs Commission (CAC) and some Point of Sale (PoS) operators have agreed to protect customers’ interests. The operators…
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DMO offers 2 savings bonds at N1,000 per unit
The Debt Management Office (DMO), on Monday listed two Federal Government of Nigeria (FGN) savings bonds at N1,000 per unit.…
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SEC mulls delisting Naira from cryptocurrency P2P platforms
The Securities and Exchange Commission (SEC) says there is a need to delist the Naira from cryptocurrency Peer-to-Peer (P2P) platforms.…
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Oil, gas investments quickest economic recovery route for Nigeria – Lokpobiri
Mr Heineken Lokpobiri, Minister of State for Petroleum Resources (Oil), says the quickest way toward economic recovery route for Nigeria…
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Sell-offs in Airtel, others drag market capitalisation down by N500bn
Opening the week, the Nigerian Exchange Ltd.(NGX) market capitalisation on Monday dropped by 0.89 per cent to close at N55.823…
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