BUSINESS
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Cement: FG to open borders if manufacturers fail to reduce prices
The Federal Government says it might open the borders for cement importation, if manufacturers of the product fail to bring…
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Cement price: FG promises to fix roads, reduce import duties
The Federal Government says it will give more attention to fixing roads and seek some remedies on cost of gas…
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FG Revenue Leakages: Reps query Access Bank, Citi Bank, Ecobank and Fidelity Bank over N11.632 trn
The House of Representatives has queried Access Bank, Citi Bank, Ecobank and Fidelity Bank over N11.632 trillion revenue collected on…
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NGX opens week on negative posture, down 3.15%
Transactions resumed on the Nigerian Exchange Ltd. (NGX), on Monday, on a negative posture with the market indices declining by…
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FG, manufacturers fix price of bag of cement at N7,000-N8,000
The Federal Government and major cement manufacturers have pegged the price of 50kg bag of cement at between N7,000 and…
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Inflation: SMEs struggling to survive in Kaduna
Small and Medium Enterprises (SMEs) are now struggling to make sales and profit due to the spike in the prices…
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Equities: Boom as investors gain N2.11trn to end week’s session
The equities market of the Nigerian Exchange Ltd. (NGX) ended the week on a positive note, with a gain of…
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Dawanau International Grains Market Management denies hoarding foodstuffs
The management of Dawanau International Grains Market in Kano State has dismissed speculations that dealers transacting business in the market…
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Nigerian Breweries posts 860% loss in 2023
Nigerian Breweries Plc has recorded a net loss of N106 billion for the year ended 2023, as against N13.93 billion…
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Inflation: Dealers of soft, alcoholic drinks groan under low sales
Some wholesalers and retailers of alcoholic and soft drinks are groaning under the low level of patronage of their products…
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