Business
N25bN debt: Court restrains firm from tampering with oil products
LAGOS— A Federal High Court in Lagos has restrained an oil and gas company, Rahamaniyya, from tampering with petroleum products...
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How to sell farm products in Nigerian cities profitably
The urban population growth rate in Nigeria is described as alarming, but it presents opportunities for young entrepreneurs in food...
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AMCON: How businessmen have joined to milk Nigeria dry
Like democracy, business is failing in Africa’s most populated country, Nigeria. This is not ill-stating, neither a taunt to paint...
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Moody’s: Five Defaulters Holding 35 Percent of First Bank Of Nigeria’s Non-Performing Loans
Sighting second-quarter results released by the parent company of First Bank of Nigeria, FBNH, financial analysis firm Moody's, observed that...
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US hacker breaches 100million Capital One accounts
Capital One data breach: 1 arrested, tens of millions of customers affected United States bank Capital One said a hacker...
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Billionaire businessman Otedola announces his exit from Forte Oil
Billionaire businessman, Femi Otedola has announced his exit from Forte Oil. This comes months after he informed the public that...
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Investors Lose N98 Billion At Nigerian Stock Exchange
Also, the All Share Index (ASI) dropped 222.36 points, representing a loss of 0.73 per cent to close at 30,099.83,...
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Business mogul in China executed for raping 25 underage schoolgirls
A decision by a court in China has led to the execution of a successful businessman found guilty of raping...
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Billionaire, Femi Otedola Bags Business Leadership Honour
Glowing tributes poured in torrents for famous Nigerian oil tycoon, Femi Otedola, on Sunday night as he received the 2018...
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Beware of loans from China – IMF warns Nigeria and other developing countries
The International Monetary Fund has cautioned Nigeria and other developing countries from taking loans from China due to unfavourable loan...
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Chris Cox leaves facebook after 13-years with the company
Facebook's Chief Product Officer, Chris Cox, arguably the most important person at the company after Mark Zuckerberg and Sheryl Sandberg,...
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Aliko Dangote now 64th richest in the world
…Worth $16.6bn, still number 1 in Africa President of Dangote Group, Aliko Dangote moved significantly higher on World billionaires’ list,...
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Royalties: FG to revoke licenses of debtor oil firms
The Federal Government, has warned it would revoke the licenses of oil producing firms that failed to pay up their...
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Femi Otedola set to acquire the upstream of Forte Oil
Femi Otedola is set to acquire the upstream business of Forte Oil Plc. and its power generating business Amperion Power...
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No Government Will Tamper With Music House Again – Oyo Government
Alhaji Waheed Gbadamosi, the Director-General, Oyo State Bureau of Physical and Urban Development Control, made the disclosure in Ibadan on...
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World Bank president, Jim Yong Kim resigns
World Bank President, Jim Yong Kim has announced that he would step down next month, more than three years before...
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CBN boosts foreign exchange market with $210m
The Central Bank of Nigeria says it has injected 210 million dollars into the inter-bank Foreign Exchange Market to meet...
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Trader Money: FG empowers 30,000 petty traders in Osun
The Federal Government has empowered 30,000 petty traders in Osun through the collateral free loans called “Trader Moni.” Vice- President...
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MTN to refund $8b as CBN fines four banks N5.87b
Standard Chartered to pay N2.4b Stanbic IBTC N1.8b Citibank N1.2b Diamond Bank N0.25b MOBILE giant MTN Nigeria is to refund...
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MTN Nigeria Appoints Mazen Mroue as Chief Operating Officer
MTN Nigeria has announced the appointment of Mr, Mazen Mroue as its new Chief Operating Officer (COO), effective Monday, August...
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Naira appreciates against dollar at parallel market
The Naira on Wednesday gained marginally against the dollar at the parallel market in Lagos, the News Agency of Nigeria...
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