Industries

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  Nigerian interbank rate jumps on cash shortage

  Nigerian interbank lending rates rose by around 100 percentage points yesterday, as commercial lenders...

  • Posted April 15, 2017
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  Banks breached FX borrowing limit – CBN

  The Central Bank of Nigeria (CBN) has increased the limit on banks’ foreign currency...

  • Posted April 15, 2017
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  MAN wants postponement of 50% tariffs on tomato paste

  The Manufacturers Association of Nigeria (MAN), has urged the Federal Government to allow for...

  • Posted April 15, 2017
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  Work commences on Lagos-Ibadan fast train

  Ahead of the commencement of the construction work of the Lagos-Ibadan standard gauge train,...

  • Posted April 14, 2017
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  OPEC figures show oil output cuts exceed pledge in March

  OPEC states cut oil output in March by more than they pledged under supply...

  • Posted April 14, 2017
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  Reps replace shippers’ council with transport commission

  maritime safety, education and administration and that on aviation. Addressing the House before the...

  • Posted April 14, 2017
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  FG begins $5.1bn debt payment to IOCs

  The Federal Government will by the end of this month begin payment of a...

  • Posted April 14, 2017
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  Buhari appoints CBN non-executive directors

  President Muhammadu Buhari on Wednesday forwarded the list of his nominees to the Senate...

  • Posted April 13, 2017
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  NNPC to begin to make money from its IT networks

  The Nigerian National Petroleum Corporation (NNPC) says it wants to commercialise some of its...

  • Posted April 13, 2017
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  Arik Air owes local, foreign creditors N387bn – AMCON

  Assets Management Corporation of Nigeria (AMCON) which took over the indebted Arik, says the...

  • Posted April 13, 2017
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