Nigeria suffers another power grid collapse
The national grid collapsed today for the second time in three months, plunging parts of the country into total darkness.
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Author: Markets Reporters
Senate probes dirty fuel imports into Nigeria
The Senate constituted on Wednesday an ad-hoc committee to investigate the continued importation of hazardous petroleum products and dumping of
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Over 700,000 people of Nigerian descent live in US, says envoy
More than 700,000 people of Nigerian descent live in the United States, the largest of any African country, an envoy
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Afreximbank gets shareholders’ nod to raise share capital to $25bn
The shareholders of the Africa Export-Import Bank (Afreximbank) have approved an increase in its authorised share capital from $5 billion
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NNPC inaugurates 12 CNG stations in Lagos, Abuja Thursday
The Nigerian National Petroleum Company Limited (NNPC) will inaugurate 12 compressed natural gas (CNG) stations in Lagos and Abuja on
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CBO Capital Partners transfers Ellah Lakes shares to creditors
CBO Capital Partners Limited has transferred a portion of its Ellah Lakes shares to its shareholders and creditors in a
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Conoil raises dividend by 40% as annual profit doubles
Conoil Plc has proposed a 40 percent increase in dividend as its pretax profit doubled to N12.28 billion in 2023
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PwC Nigeria admits three new partners
PwC Nigeria has announced the admission of three new partners effective 1 July 2024. They are Marilyn Obaisa-Osula (Consulting and
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Nigeria’s telcos lose 6.8 million active voice subscribers in Q1
Telecommunications companies in Nigeria lost about 6.86 million active voice subscribers in the first three months of the year, compared
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Rail freight gains steam as NRC’s Q1 revenue jumps 235%
The Nigeria Railway Corporation saw its revenue from cargo transportation surge more than threefold to N607.32 million in the first
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