BUSINESS
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80,000 Loan Seekers Apply for CBN’s ₦50 billion Targeted Credit Facility
A total number of 80,000 loan seekers have applied for the N50 billion Targeted Credit Facility introduced by the Central…
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Discos Promise Nigerians 2 Months Free Electricity
Power distribution companies have said that they will provide Nigerians with two months free power supply. This is in support…
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IMF Charges Nigeria 1.5% Interest Rate on $3.4 Billion Loan
The International Monetary Fund (IMF) has said that the $3.4 billion credit facility being requested by the Nigerian government attracts…
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Nigeria, Angola to Lose $65 Billion Revenue in 2020 – AU
An African Union (AU) study has revealed that Sub-Saharan Africa’s biggest oil producers, Nigeria and Angola, alone could lose $65…
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COVID- 19: UK Government Targets Candy Crush, Other Gaming Companies With ‘Stay Home’ ads
The Department for Digital, Culture, Media and Sport (DCMS) has started working with the UK’s biggest gaming companies, in a…
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Oil Prices Fall As Doubts Grow Over Output Cut Deal
Oil prices declined sharply on Monday to levels not seen for years due to the coronavirus pandemic. This came after…
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Banks’ e-payment Incomes rise by 64% in 2019
Nigerian banks in 2019 earned N212.66bn through increased investment in technology and the introduction of new online payment channels. The…
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China releases $56 billion to Small Banks in virus response
In a move to counter the coronavirus impact on enterprises, China’s central bank on Friday said it will cut the…
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Unilever, Dangote Cement Leads in N104bn Market loss
Unilever Nigeria Plc and Dangote Cement Plc lead other losers on a negative rout as transactions on the Nigerian equity…
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NNPC Partners TCN to Increase Gas Supply to Electricity Industry
National Petroleum Corporation (NNPC) in partnership with the Transmission Company of Nigeria (TCN) has pledged to increase gas supply in…
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