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Inflation Eases in the Indian Economy, Says CARE Ratings

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Inflation has eased in the economy both at the retail and wholesale level in the month of December 2018. The retail inflation for the month eased to an 18-month low to 2.2%, lower than CARE Ratings’ expectation of 2.9%. It was lower than 2.3% in the previous month and 5.2% in December 2017. Read more

NSE to reduce compliance burden on listed firms

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The Nigerian Stock Exchange has revealed plans to reduce the compliance burden on listed firms. Read More

Access Bank to have 12million BVN Accounts After Merger with Diamond

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The merger between Access  and Diamond Bank will achieve 12million BVN accounts or roughly a third of the total of the 36 million BVNs in Nigeria. Read more

Optical Sorter Market Strategy and Market Product Type 2018-2023

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The Global Optical Sorter Market report gives a clear picture of the current market scenario which includes historical and projected market size in terms of value and volume, technological advancement and governing factors in the market. Read more

How major sectors fared in 2018

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To say the last 12 months have been momentous for the country is certainly stating the obvious. From telecoms, to manufacturing, agriculture, fiscal policy, services to the formal and informal sectors, the nation’s economic managers sure had a lot of issues to ponder about in terms of regulation, policy initiatives, challenges and lessons learnt. Read more

Dangote retains Forbes Africa’s richest, Masiyiwa 11th

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Alhaji Aliko Dangote still maintains his spot as Africa’s richest man according to Forbes Magazine. The magazine disclosed that as at January 11, 2019, the 61-year-old was worth $9.9 billion. Read more

NNPC Insists on December Deadline to End Petrol Import

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The Nigerian National Petroleum Corporation (NNPC) has indicated it will meet up with the December 2019 deadline proposed by the federal government to end the importation of refined petrol into Nigeria. Read more

Bridging Electricity Metering Gap To Gulp N200bn

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The Chairman of the Nigerian Electricity Regulatory Commission (NERC), Professor James Momoh, has projected that about N200 billion would be required to close the huge metering gap in the electricity industry. Read more

Confusion over Teleology Holding’s alleged plan to pull out from 9mobile

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Hints about Teleology Holdings’ pulling out from the operations of 9mobile as the preferred bidder has emerged. Read more

Stock market investors lose N89bn as sell-offs persist

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The nation’s stock market continued its downward trend as investors recorded more losses at the end of trading on the floor of the Nigerian Stock Exchange on Monday. Read more

No provision for petrol subsidy in three years —PPPRA

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The Petroleum Products Pricing Regulatory Agency on Monday declared that it was wrong to state that the Federal Government was paying subsidy on Premium Motor Spirit, popularly called petrol, as there was no provision for subsidy in the past three years. Read more

Nigeria: Teleology Pulls Out of 9Mobile

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Barely, two months after Teleology Holdings received approval to take over the operations of 9mobile as the preferred bidder, Teleology Holdings has expressed its dissatisfaction with the business relationship with its local partner, 9mobile Nigeria, and has decided to pull out from the 9mobile project, THISDAY has learnt. Read More

Stock Market Remains Bearish on Continuing Cautious Trading

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The stock market remained bearish in the first week of 2019 as investors continued to adopt cautious trading following persistent political jitters ahead of general elections next month. Read more

Oil Can No Longer Sustain Nigeria

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Some statements repeatedly find their way into public discourse. People hardly verify them, and no one questions them. Read more

Nigeria accounts for 40% of our businesses in Africa – CEO, Continental Re

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THE insurance companies in Nigeria and Africa have not been performing well enough when compared to their counterparts in the global space, what is the reason? Read more

GAS FLARING: Nigeria burnt N197bn in 9 months

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Nigeria literally threw N197 billion into the flames in the first nine months of 2018, representing the value of gas flared during the period. Read more

Full text: BoG’s update on Banking Sector Reforms

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Ladies and Gentlemen, when the current Management of the Bank of Ghana took office in early 2017, the banking sector was faced with many challenges. We inherited a financial system which was under a considerable state of distress, with banks that were not meeting the capital adequacy requirement and others whose capital was eroded with high non-performing loans.

Leave Keystone Bank, 9mobile Alone, Share Your Manifesto with Nigerians

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There have been interesting events in the political terrain in the past few weeks, but the one that has gained unnecessary attention was this allegation by Alhaji Abubakar Atiku, presidential flag-bearer of the opposition Peoples Democratic Party, (PDP) that the president, Mohammadu Buhari and his family own shares in Etisalat and Keystone Bank. Read more

Nigeria files $1.1 bln London lawsuit against Shell, Eni over oil deal

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The Nigerian government said it had filed a $1.1 billion lawsuit against Royal Dutch Shell and Eni in a commercial court in London on Thursday in relation to a 2011 oilfield deal. Read More

Qatar Airways to add 15 destinations next year

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Doha: Qatar Airways continues to march ahead as the award-winning airline plans to add 15 new destinations to its network next year. The national carrier of Qatar also plans to receive 36 new aircraft in 2019, according to Akbar Al Baker, Group Chief Executive Officer, Qatar Airways. Read more

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