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Crude Oil Reserves Fall By 961.47 Million Barrels

Crude Oil Reserves Fall By 961.47 Million Barrels

🕔06:24, 15.Mar 2018

Nigeria has recorded a fall of 961.47 million barrels in its crude oil reserves in four years. Contrary to the expected increase, the drastic fall was recorded and attributed to low investment in exploration by oil companies. According to a

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2018 Budget Not Ready For Passage Yet–Senate

2018 Budget Not Ready For Passage Yet–Senate

🕔05:52, 14.Mar 2018

The lawmakers alleged that ministers and heads of Federal Government’s departments and agencies were frustrating legislative work on the budget proposals with their foreign trips and non-cooperation.

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First Bank Okays Loan For Salary Account Holders

First Bank Okays Loan For Salary Account Holders

🕔06:50, 13.Mar 2018

First Bank of Nigeria Limited has given salary account owners the opportunity to obtain loans from the bank.This could be achieved through the First Bank Personal Loan Against Salary(PLAS) scheme. In a statement by the Group Head, Products & Marketing

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Drogba Named Digital Bank Ambassador For Standard Chartered Bank

Drogba Named Digital Bank Ambassador For Standard Chartered Bank

🕔07:28, 12.Mar 2018

Football legend and Ivorian icon, Didier Drogba has been named as ‘Digital Bank Ambassador’ for Standard Chartered Bank. The bank’s first and fully digital retail bank in West Africa marks an important milestone in its path towards innovation and has

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FG Rules Out Investment On Ajaokuta Steel Company

FG Rules Out Investment On Ajaokuta Steel Company

🕔06:42, 9.Mar 2018

Effort by the National Assembly to have the Federal Government fund the completion of the Ajaokuta Steel Complex in Kogi seems to have met a brick wall. The Minister of Mines and Steel Development, Dr. Kayode Fayemi, at a press

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External Reserve Climbs To $43.2bn — CBN

External Reserve Climbs To $43.2bn — CBN

🕔07:25, 8.Mar 2018

The Central Bank of Nigeria (CBN) has announced that the country’s external reserves has climbed to $43.2bn on March 6, 2018. The foreign exchange reserves at the beginning of the year stood at $38.77bn only to record a drastic rise

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UK Offers Nigeria £750m Infrastructure Funding

UK Offers Nigeria £750m Infrastructure Funding

🕔06:51, 7.Mar 2018

The United Kingdom’s Department for International Trade (DIT) has made available about £750m to support infrastructural projects in Nigeria. In a statement on Tuesday the DIT added that provision of the facilities through the UK Export Finance, the country’s export

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Thailand Planning To Set Up Rice Mills In Nigeria–Lai Mohammed

Thailand Planning To Set Up Rice Mills In Nigeria–Lai Mohammed

🕔06:27, 5.Mar 2018

The Federal Government of Nigeria on Sunday said the importation of rice into the country has been drastically reduced by 90 percent. The Minister of Information and Culture, Lai Mohammed, disclosed this during a tour of some rice farms in

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We Will Publish And Shame Tax Evaders – Minister

We Will Publish And Shame Tax Evaders – Minister

🕔06:37, 3.Mar 2018

Adeosun said from April 1st, the Federal Government will go after tax evaders

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Don’t Invest In Bitcoins–CBN Warns Nigerians

Don’t Invest In Bitcoins–CBN Warns Nigerians

🕔07:21, 1.Mar 2018

The Central Bank of Nigeria (CBN) on Wednesday warned Nigerians that investing in cryptocurrencies, is at owners risk as it is not legal tender in the country. The statement signed by the bank’s Acting Director, Corporate Communications, Isaac Okorafor, explained

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