BUSINESS
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Kyari Takes Over from Baru, Promises to Make NNPC Compete Globally
The new Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mr. Mele Kyari has taken over the mantle…
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VW to deepen alliances with battery suppliers for electric push
Volkswagen (VOWG_p.DE) will create joint ventures and help finance battery production to persuade skeptical cell suppliers to back its aggressive…
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Kyari To Officially Take Over as NNPC Boss
The 19th Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Melee Kolo Kyari, takes over from his predecessor,…
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President Buhari signs African free trade agreement
President Muhammadu Buhari on Sunday signed the African Continental Free Trade Area (AfCFTA) agreement. He gave the endorsement in Niamey,…
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Tripple Gee Records 17.7% Growth, Proposes N24.75m for Shareholders
Tripple Gee & Company Plc has reported a growth of 17.7 per cent in profit after tax (PAT) for the…
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Foreign investment into Nigeria rises by 34% to $8.5 billion in first quarter
The National Bureau of Statistics (NBS) has revealed that the total Foreign Investment into the country rose by 34.6 percent…
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Nigeria attracts $48.4 billion out of Africa’s $194 billion oil and gas investments
Nigeria’s oil and gas sector is expected to attract $48.4 billion (about N17.29 trillion) out of the industry’s $194 billion…
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CBN New Circular could force banks to lend to nearly everyone.
The Central Bank of Nigeria (CBN) has issued a circular mandating commercial banks operating in the country to lend out…
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NSE Suspends Trading in Shares of 11 Listed Companies
The Nigerian Stock Exchange (NSE) yesterday suspended trading on 11 companies for failing to adhere to best corporate governance and…
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Nigeria Owns 2.2 percent of World Oil Reserves says Maikanti Baru
The former Group Managing Director, Nigeria National Petroleum Corporation (NNPC), Dr. Maikanti Baru, on Tuesday, said that Nigeria holds about…
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