NNPC slashes investment in Dangote refinery
The Nigerian National Petroleum Company Limited said on Sunday that its investment in Dangote refinery was reduced several months ago.
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Geregu Power posts higher quarterly profit of N8.25bn
Geregu Power Plc has reported a 19 percent increase in its profit before tax for the second quarter of this
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Nigeria’s external reserves surpass one-year high
The external reserves of Nigeria have hit the highest point in more than a year, rising by about $3 billion
Read moreNigeria is on path to debt trap, Rewane warns
Nigeria, Africa’s third-biggest economy, is on the path to debt trap, Bismarck Rewane, chief executive officer of Lagos-based Financial Derivatives
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Eko Disco’s staff gets 20% pay raise amid cost-of-living crisis
Eko Electricity Distribution Company (EKEDC) announced on Monday that its Board of Directors has approved a 20% Cost of Living
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Access Holdings’ N351bn rights issue opens for subscription
Access Holdings Plc, the parent company of the country’s largest bank by assets, has announced the commencement of its N351bn
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Access Holdings gets SEC’s nod for N351bn rights issue
Access Holdings Plc says it has received approval from the Securities and Exchange Commission (SEC) for the commencement of its
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Naira falls further as weekly forex liquidity drops 23%
The naira weakened against the dollar this week as the turnover in the foreign exchange market declined by 22.99 percent.
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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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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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