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FG Generates $1bn From 22 Oil Blocks – DPR

FG Generates $1bn From 22 Oil Blocks – DPR

🕔02:49, 29.Jan 2019

The Department of Petroleum Resources (DPR) has revealed that $1 billion (N360 billion) is being generated from renewal bonuses of 22 oil blocks.

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Nigeria’s Foreign Investments Inflow Record 36% Loss

Nigeria’s Foreign Investments Inflow Record 36% Loss

🕔07:04, 24.Jan 2019

The United Nations Conference on Trade and Development (UNCTAD) has disclosed that Nigeria’s Foreign Direct Investment (FDI) dipped by 36 per cent to $2.2 billion in 2018 from $3.5 billion in 2017.

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Forex Restriction List To Rise To 50–CBN

Forex Restriction List To Rise To 50–CBN

🕔07:14, 21.Jan 2019

The Central Bank of Nigeria(CBN) has hinted that foreign exchange restriction list could increase from 42 to 50 in order to boost local production and stimulate the export market.

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N6bn Baro River Port Ready For Commissioning

N6bn Baro River Port Ready For Commissioning

🕔09:42, 18.Jan 2019

The National Inland Waterways Authority
(NIWA), yesterday, said President Muhammadu Buhari will tomorrow commission the just completed Baro River Port in Niger State.

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2019 Elections: Facebook To Help Stop Fake News

2019 Elections: Facebook To Help Stop Fake News

🕔07:32, 17.Jan 2019

With the 2019 general elections set to commence in Nigeria and other countries like India, Ukraine and the European Union, popular social media company Facebook is set to implement several initiatives to increase oversight of political ads.

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CBN Sets 80% Financial Inclusion Plan

CBN Sets 80% Financial Inclusion Plan

🕔08:18, 15.Jan 2019

National Financial inclusion stakeholders in Nigeria, led by the Central Bank of Nigeria(CBN)have set a financial inclusion target of 80 percent by 2020.

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FG Seek N1.9trn Deficit In 2019 Budget

FG Seek N1.9trn Deficit In 2019 Budget

🕔07:38, 14.Jan 2019

The Federal Government intends to have a 3.07 percent reduction from N1.95 trillion in 2018 to N1.895 trillion in this year’s budget.

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NNPC Seeking To Reduce Price Of Cooking Gas

NNPC Seeking To Reduce Price Of Cooking Gas

🕔08:16, 11.Jan 2019

The Nigerian National Petroleum Corporation (NNPC) has vowed to do all in its powers to reduce the price of Liquefied Petroleum Gas (LPG), also known as cooking gas.

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N823.4bn Worth Of Treasury Bills Up For Sale In Q1–CBN

N823.4bn Worth Of Treasury Bills Up For Sale In Q1–CBN

🕔08:31, 10.Jan 2019

The Central Bank of Nigeria (CBN) has hinted on a plan to raise treasury bills worth N823.43 billion in the first quarter of 2019.

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FIRS Boss Sets N8tn Revenue Target In 2019

FIRS Boss Sets N8tn Revenue Target In 2019

🕔12:45, 8.Jan 2019

The Chairman of the Federal Inland Revenue Service(FIRS) Mr. Tunde Fowler has given the service a target to generate N8tn revenue in 2019.

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