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How British Airways Averted Air Mishap

NSE All-Share Index crosses 45,000 mark

Price of Some blue chips on the Nigerian Stock Exchange (NSE) on Friday rallied with GT Bank hitting all-time high of N54.71 per share. The News Agency of Nigeria (NAN) reports that the bank topped the gainers' chart with a gain of N2.60 to close higher at N54.71 per share. Unilever followed with gain of N2 to close at N47, while Internationa ... Read more

FG begs NPC workers to resume

The Federal Government has appealed to aggrieved workers of the National Population Commission (NPC) to resume duty assuring them that their grievances were being addressed. Dr Chris Ngige, the Minister of Labour made the call at a stakeholders meeting to resolve the crisis in Abuja. Mrs Rita Agaba ,the President of the NPC workers union, mad ... Read more

Union Bank loses fight for dollar-filled Ikoyi flat

Union Bank's fight for the repossession of the cash-filled Flat 7B Osborne Towers Ikoyi has ended up in smoke. A Federal High Court in Lagos dismissed the bank's claim today, ridiculed the bank as a busybody, just as the court ordered the permanent forfeiture of the property to the Federal Government of Nigeria. The flat attracted public atte ... Read more

Reps. take step at recovering $21b revenues from oil majors

The house of representative has ordered an investigation on Thursday into whether the federal government could recover $21 billion in revenues from international oil companies operating in the country. This followed a report by minister of state for petroleum, Emmanuel Ibe Kachikwu, in December citing that the federal government had failed to en ... Read more

Nigeria sues JP Morgan Chase for $875mn over Malabu oilfield deal

Nigeria has filed a claim against JP Morgan Chase for more than $875 million, accusing it of negligence in transferring funds from a disputed 2011 oilfield deal to a company controlled by the country's former oil minister. A spokeswoman for JP Morgan dismissed the accusation on Thursday, saying the firm “considers the allegations made in the cla ... Read more

Why we can't establish plant in Nigeria: Samsung

Samsung Electronics has said that one of the reasons for not establishing a manufacturing plant in Nigeria is because its market share in the country  is not big enough. Mr Sung Yoon, the Chief Executive Officer of Samsung Electronics Africa, made this known during an interactive session with newsmen on Thursday in Lagos. Yoon said that thoug ... Read more

FG plans to raise 110 bln naira at bond auction

The federal government plans to raise 110 billion naira by selling sovereign bonds with maturities of five and 10 years on Jan. 24, 2018. This was disclosed to newsmen by the Debt Management Office (DMO) on Wednesday. According to the report by the debt management office, the bond is in two categories, consisting of 50 billion naira with five-ye ... Read more

Miyetti Allah gives conditions for

Monday, January 15, 2018

The Miyetti Allah Cattle Breeders Association (MACBAN), has pushed back on the n ...
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FG plans to raise 110 bln naira at

Thursday, January 18, 2018

The federal government plans to raise 110 billion naira by selling sovereign bon ...
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Reps. take step at recovering $21b

Saturday, January 20, 2018

The house of representative has ordered an investigation on Thursday into whethe ...
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FG begs NPC workers to resume

Saturday, January 20, 2018

The Federal Government has appealed to aggrieved workers of the National Populat ...
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Union Bank loses fight for dollar-f

Saturday, January 20, 2018

Union Bank's fight for the repossession of the cash-filled Flat 7B Osborne Tower ...
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Nigeria sues JP Morgan Chase for $8

Saturday, January 20, 2018

Nigeria has filed a claim against JP Morgan Chase for more than $875 million, ac ...
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