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Business

The Hong Kong vessesl at Lekki Deep Sea Port

First vessel from Hong Kong berths at Lekki deep seaport

The arrival of the vessel from Hong Kong, according to Mr Mohammed Bello-Koko, Managing Director of the Nigerian Ports Authority(NPA),…
Patience Oniha DG DMO

DMO releases Sukuk rental payment calender

According to the calendar, there is the 16.47 per cent FGN Sukuk 2024, issued on Sept. 26, 2017, which has…
Cornelius Johannes Steynberg bitcoin fraud

Interpol arrests South African Steynberg for biggest bitcoin fraud

The regulator said on Thursday that the fraud scheme, which saw the firm solicit bitcoin online from thousands of people…
Site of Duport Midstream Company Ltd. Energy Park, a 10,000 barrels per day modular refinery: ready for take off in Edo State

Duport’s 10,000bpd refinery ready for production in Edo

Dr Akintoye Akindele, Managing Director/Chief Executive Officer (MD/CEO) of the company said that Duport was conceptualised to be a modern…
Mele Kyari

NNPC remits zero to treasury as subsidies gobble $3billion

The NNPC document, according to a Reuters report showed that the corporation has not remitted any revenue from its oil…

War-torn Ukraine exports electricity to Europe

According to Shmyhal, Ukraine has the potential to earn more than 70 billion hryvnyas (about 2.4 billion U.S. dollars) per…

Onitsha port will generate over N23bn in 30 years – Saraki

The redevelopment of Onitsha River Port is seen as a boost to commercial activities in the South East.
Debt Management Office (DMO) , on behalf of the Federal Government, offers two FGN Savings Bonds for subscription at N1,000 per unit

Nigeria redeems $300m diaspora bond – DMO

According to the statement, the diaspora bond was issued on June 27, 2017, for a tenor of five years in…
This follows the expiration of the 50 per cent rebate earlier granted by Sanwo-Olu when the fuel subsidy was removed by President Bola Tinubu.

Lagos announces hike in BRT fare, fixes date for commencement

With the increase, a bus ride from Ikorodu–TBS will now cost N600 from N500, while Berger to Ajah is now…
Naira

Naira loses big against dollar

This represents a 0.80 per cent depreciation. The open indicative rate closed at N421.80 to the dollar on Wednesday.
NIWA donates food items, N5 million cash to Kogi govt to help cushion effects of 2022 flood disaster and the one anticipated this year.

NIWA seeks support for local production of vessels

The new board Chairman, Senator Binta Masi Garba in her address commended NIWA for the strides it has recorded since…
SEC says the amount of unclaimed dividends in the Nigeria's capital market currently stands at N190 billion

Unclaimed dividends hit whopping N180 billion

Although N180 billion unclaimed dividends is a large amount, Yuguda said that the amount constituted only five per cent of…
Akande with Jaji and Ososanya at the event

Why private sector should partner govt to drive MSMEs – Sanwo-Olu

According to Sanwo-Olu, as a people-oriented government, his administration would take advantage of these emerging opportunities by designing and implementing…
Nigerian naira and dead industries

Reviving the Naira and Dead Industries

 It is an exercise in self-delusion to think that a stable, highly valued naira can be decreed into existence. Even…
Titan Trust Bank

Union Bank’s Acquisition: Titan Trust Bank aiming for market dominance

Its expansionary drive could not have come at a better time with Tier-1 banks moving to HoldCo structures, FinTech standing…
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