Business & Economy

The equities segment of the Nigerian Exchange (NGX) gained more than N44 billion on Thursday over positive price movement in Airtel Africa. As a result, key performance indicators…
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The Federal Government on Thursday said a new minimum wage regime would come into effect on April 1, 2024. The Minister of Information and National Orientation, Idris Mohammed, who…
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A South African billionaire family popularly known as Oppenheimer has acquired a controlling stake in one of Nigeria’s prominent can makers, GZ. The acquisition was completed by…
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Saudi Arabia, Russia and other major oil-producing nations on Thursday announced they would further slash production next year in an effort to prop up volatile prices. But prices…
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British American Tobacco Nigeria has announced the appointment of Kola Karim as its Advisory Board Chairman, with effect from November 1, 2023. Announcing this in a statement on…
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The Nigerian authorities and those of the United States (US) on Wednesday held talks on how to fund mining projects in Nigeria. According to a statement by Mr Kehinde Bamigbetan,…
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The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has waded into the dispute between Chevron Nigeria Limited and some communities within the company’s Warri exploration and…
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The Presidency has backed plan by the Central Bank of Nigeria (CBN) to increase the capital base of deposit money banks in the country. President Bola Tinubu, in a goodwill message…
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The Supreme Court on Wednesday ordered that the old N200, N500, N1000 notes should continue to co-exist with the new notes till further notice. The apex court ruled that both old and…
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Losing about N165 billion today, the equities investors in the Nigerian Exchange saw their combined wealth falling for the second day in the week due to weak sentiment. Again, the…
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