Dangote writes Ohanaeze Ndigbo, denies haulage of Almajirai to Southeast

Dangote Industries Ltd has distanced itself from any involvement in the haulage of youths (Almajirai) from Northern Nigeria to the South-east. The company in a letter it addressed to the …

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COVID-19: FCT Minister announces new market hours in Abuja, list sectors to reopen

The FCT Minister, Malam Muhammed Bello, has approved the extension of market days for Abuja. Bello, in a statement issued on Saturday, said markets will now open three times in …

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Post-Lockdown: Obi suggests template for Nigeria’s economic recovery

•PDP Ex-VP Candidate Peter Obi Following the relaxation of COVID-19 lockdown in many parts of the country, the Vice Presidential Candidate of the Peoples Democratic Party (PDP) in the 2019 …

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NNPC Records ₦211.62billion from Petroleum Products Sales in February

… Reports 111 per cent Increase in Trading Surplus The Nigerian National Petroleum Corporation (NNPC) Tuesday in Abuja announced that its Downstream subsidiary Company in charge of bulk sales and …

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MAN urges banks to open all branches

THE Manufacturers Association of Nigeria (MAN) Apapa Branch has called on the banking sector to open all their branches nationwide to avoid further escalation of the covid-19 pandemic. The Chairman, …

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Notore grows revenue, posts N2.7b income

AGRIBUSINESS company, Notore Chemi cal Industries Plc, has posted N13.12 billion revenue and N2.7 billion operating income for the half year ended March 31, 2020, on the back of its …

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Nigeria records $434.85million Crude Oil Export Sales in January

… As Vandalism of NNPC Pipelines Spikes Nigeria recorded crude oil and gas export sale of $434.85million in January, 2020, an increase of 94.30 per cent pitched against the December …

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Gov Diri Presents N242.3bn 2020 Appropriation Bill

Two months after he took office, Bayelsa State Governor, Senator Douye Diri, on Tuesday, presented an appropriation bill of N242.283 billion for the 2020 fiscal year to the state House …

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US Oil Bounces After Crash But Stocks Suffer Big Losses

US crude prices bounced Tuesday but were unable to keep in positive territory, a day after crashing below $0 for the first time owing to crippled demand and a storage …

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Naira slumps to 388 per dollar on official market, then recovers

The Nigerian naira eased to an intra-day low of 388 per dollar on the official market, supported by the central bank on Wednesday, according to a Reuters report quoting traders. …

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