Latest Nigeria News of Monday, 25 May 2020

Business & Finance

Kachikwu: Why They Stopped His Access To Buhari Dangote Cement withdraws acquisition bid for South Africa’s PPC $25b NNPC scam: PDP slams Buhari, says Nigerians can now see the hypocrisy in his anti-corruption fight Meet Aishah Ahmad, CBN's New Deputy Governor More than $16b required to actualise effective railway service in Nigeria: Rotimi Amaechi Buhari appoints Aisha Ahmad CBN Deputy Governor Navy uncovers hotel where fuel is being siphoned from PPMC pipeline Oil sector appointments: Chief Edwin K. Clark writes President Buhari DG of Institute of Agriculture Research and Training, Ogunbodede, jailed for fraud TSTV debunks piracy charge, says accusers are peddling fake news Femi Adesina and the godification of Buhari Oil Minister writes Buhari, says GMD awarded $25bn contracts without board's approval Why food prices remain high despite revolution in agriculture: Lai Mohammed Diezani seeks to be joined in money laundering case WiFi may soon be obsolete as Chinese scientists develop faster LiFi Court rules NIMASA was wrong in enforcing collection of freight, cabotage charges from NLNG CBN moves to sustain FOREX liquidity, injects $195 Nigerians express excitement as Lai Mohammed inaugurates TSTV Electricity: Regulation on metering will be out next month: Fashola The Nigerian Sukuk A Case For Our Continued Existence. Nigeria economy: Analysts remain nervous despite recession exit Blackout: Nigeria experiences total national grid collapse Fg Ready To Kickoff 3,050mw Mambila Hydro Dam Project, Signs $5.72 Billion Contract Award Albert Okumagba in trouble as SEC arraigns BGL top shots CBN pumps additional $308.5m into the foreign exchange market EFCC arrests Ekiti commissioner, spoils Fayose's party Cost of Business Registration in Nigeria now Cheaper Seven Energy Finalises Calabar Gas Sales Agreement to Boost Power Supply World largest diamond, the size of a tennis ball sells for $53m The Changing Face Of Adamawa State Board Of Internal Revenue FG is prepared to divest 40 per cent stake in DISCOs: Fashola 23 states have exceeded borrowing limits: FRC Equities Market Opens Negative, NSE Index Down 0.36% Fear of creditors, Oil Mogul, ABC Orjiakor buys Afren Tower in wife, Henrietta Orjiako’s name. Top 5 Banks Account for 47% of Impaired Credits N17.859bn Traded At NSE In One Week Dangote targets 1 million Nigerian women for small grants using mobile phone Union Bank N49.75billion Rights Issue opens today NPA takes over Agura Hotel 14 years after court judgement World's largest aircraft finally leaves hanger, ready for test Dangote wants oil prices to remain low FG’s N100bn Sukuk, Another Vindication of Aregbesola’s vision -Aide Nigeria’s Debt Swells To N19.52trn In Q2 Nigeria announces $5.8 billion deal for record-breaking power project N30b Olam poultry, feed mill come on stream in Kaduna FG to allocate 80% of crude lifting to NNPC CBN intervenes with another $250m in forex market Naira Undervalued By 14% At $/N360- Report Federal Government Approves Concession Of Abuja, Lagos Airports Customs impounds 1,100 rifles from Turkey NNPC, ExxonMobil partner to increase gas for power generation Gold Prices Skyrocket On Increased Risk FG, states borrow N7.51tn under Buhari China looks at plans to ban petrol and diesel cars Thirty Countries to Attend Abuja Trade Fair FG to uncover secret owners of companies FIRS generates N2.11 trillion from taxes in first seven months Visa appoints Kemi Okunsanya new GM for West Africa NNPC to train 50 per cent of staff on fraud identification, reporting DowDuPont Merger Successfully Completed Ethiopian Airline bids moves to acquire Nigeria’s Arik Air Telcoms firms want to hike call, data rates by 100 per cent US begins probe of Chinese oil giant Sinopec over Nigeria bribery allegations Nigerian Government Begins Probe of Contractors’ Tax Records NNPC redeploys 55 management staff in shakeup Access Bank redeems $350m Eurobond due July 25 Finally, Court orders permanent forfeiture of Diezani's N7.6bn to FG Customs CG, MAN fault Senator Uzodinma’s claim of N30trn missing revenue Saraki didn't sign report absolving Diezani of alleged missing $20bn: Aide Delta Government Gives Reason For Selling Delta Line Equity Shares Between Ibe Kachikwu And NAPIMS Boss, Dafe Sejebor, The Truth Lies Somewhere Here is the letter Donald Trump's grandfather wrote begging not to be deported Palm Oil Producers Continue Growth Streak as H1 Sales Soar Concessionaires short-listed for Kirikiri Lighter Terminal Kola Aluko Strikes Gold After Selling Shoreline Shares Dangote to invest up to $50 billion in U.S., Europe I will buy Arsenal after Dangote refinery is completed: Aliko Dangote Nigeria slashes oil production cost to $23/barrel GTBank Releases 2017 Half Year Audited Results…….. Reports Profit before Tax of ₦101.1Billion National Bank of Kenya partners with WorldRemit to offer instant money transfers to Kenya How former petroleum minister Diezani spent almost $500m on 12 luxury properties Truecaller integrates video calling capability with Google Duo Nestle Nigeria Declares $54 Million Profit in H1: 2017 Saraki refunds pension money to Kwara We have traced illegal $615m to Diezani: EFCC PayU Nigeria Introduces a convenient payment solution for recurring bills Oil tumbles from 9-week highs to $51.77 VERIFICATION EXERCISE: Delta Recovers N12.319 Billion GOCOP: Burutai, Dangote, Obi, governors, service chiefs, others to attend conference Corruption: Net is closing in on Diezani Alison-Madueke FG stops states from borrowing US finally agrees to sell $593 million Super Tucano attack planes to Nigeria The Ports & Harbours Authority Bill 2016: A Review & More Senate threatens to arrest CEOs of Glo, CCEC, 14 others 55 per cent of Nigeria's VAT collections come from Lagos alone: Kemi Adeosun Exit of Etisalat, Mubadala won't affect our services: 9Mobile Prof. Onigbinde, Bayo Onanuga, others for Nigerian online publishers first annual conference Okonjo-Iweala named to the board of Standard Chartered bank GTBank Releases 737 Moments, Music Video of its Popular 737 Theme Song Billionaire businessman, AbdulSamad Rabiu plans to buy Etisalat ( 9Mobile)

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