BUSINESS
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U.S-African trade lagging despite access law
The United States and sub-Saharan Africa trade is stagnant despite a 2000 US law designed to boost access to the…
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NNPC to Deliver 40 billion barrels Crude Oil Reserves by 2025
The Nigerian National Petroleum Corporation (NNPC) has revealed that it would increase Nigeria’s crude oil reserves to 40 billion barrels…
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Diageo to Invest $219m in Renewable Energy in Nigeria, six others
Diageo, the owner of Guinness Nigeria, said on Monday that it would inject $219 million (£180 million) into sustainability projects…
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Cash flow from $12bn Refinery Project’ll go towards Crude Oil Production–Dangote
As the commencement date for operations at the Dangote Refinery and Petrochemical Limited draws closer, the company has disclosed that cash flow…
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Olam Stakes N120b to Take Over Dangote Flour Mills
Olam International Limited has submitted a final offer of N120 billion to acquire all the outstanding shares of Dangote Flour…
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AfDB identifies 14 sites for Agro-Industrial Processing Zones in Nigeria
The African Development Bank (AfDB), says it has identified 14 sites for the proposed Special Agro-Industrial Processing Zones (SAPZs) in…
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Fraud, Cyber-crimes Cost Banks N15billion in 2018–NDIC
The Nigerian banking industry lost N15.15 billion to cyber-crime and forgeries in 2018. This amount was 539% higher than the N2.37…
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NNPC to Extend Trade Relations with Turkey
The Nigerian National Petroleum Corporation (NNPC) has expressed its desire to extend trade dealings between Nigeria and the Republic of Turkey.
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Why NUPENG threatens to ground Chevron’s operations
The United States multinational oil corporation, Chevron seems to be in trouble after the Nigeria Union of Petroleum and Natural…
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NSE market begins August with N14bn growth
The Nigerian Stock Exchange (NSE) on Thursday, August 1, 2019 started trading for the month with a growth of N14…
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