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Solar Encapsulant Film Market Research Key Players, Industry Overview, Supply Chain and Analysis to 2017 – 2022

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The recent report from on the Global Solar Encapsulant Film Market Research has the complete assessment of the latest trends of the Solar Encapsulant Film market. The report focuses on the manufacturing challenges that are being faced and provides the solutions and the strategies that have been implemented to overcome the problems. Deep researches and analysis were done during the preparation of the report. Read more

Sniper-treated beans: CPC advises consumers to parboil beans before consumption

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The Consumer Protection Council (CPC), yesterday, advised consumers to extensively parboil their beans before consumption and to make sufficient enquiries before engaging in purchases. Read more

Power sector loses N460.3bn as generation plummets

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The estimated monetary loss in Nigeria’s power sector has risen to N460.3bn in 2018 alone.

The data obtained from the Federal Ministry of Power, Works and Housing in Abuja on Friday showed that between January 1 and November 8, 2018, the sector lost N460.253bn. Read More

Biggest African Bond Fund Snaps Up MTN, Gains From Local Debt

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Cape Town-based Allan Gray’s Africa bond fund has managed to outdo its peers this year and protect itself against the selloff buffeting emerging markets largely by buying local debt in Nigeria, Egypt and Ghana. Read more

 

SAHCO IPO: States’ll be treated equally, says BPE

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Ahead of the Initial Public Offering of Skyway Aviation Handling Company Plc, the Bureau of Public Enterprises has said the 36 states of the federation and the Federal Capital Territory will be treated on an equal basis in the allotment of the shares of the company. Read more

NNPC earns $470m from oil, gas export in one month

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The Nigerian National Petroleum Corporation, NNPC, yesterday, stated that it recorded crude oil and gas export sale of $470 million in August 2018, indicating an upsurge of about $78 million in relation to July oil and gas export figures of $391.91 million. Read more

NDIC commited to safeguard of depositors’ funds -MD

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The Nigeria Deposit Insurance Corporation (NDIC) has reassured Nigerians of safeguarding their bank deposits, boosting financial stability and instilling discipline into the nation’s money market. Read more

 

Unity Bank sets to close foreign investor acquisition deal

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There are indications that Unity Bank Plc may be close to signing a deal to finally have a foreign investor ownership, nearly one year after a failed attempt in that direction. Read more

Index up by 0.3% as NSE lifts suspension on shares of four firms

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Transactions on the floor of the Nigerian Stock Exchange rebounded yesterday, occasioned by price gains on highly capitalised stocks, as the All-share index appreciated marginally by 0.3 per cent. Read more

Shell, ExxonMobil May Sign Oil Swap Deals, Says NNPC

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The Nigerian National Petroleum Corporation (NNPC) has stated that it could sign crude-for-product deals with Shell and ExxonMobil, similar to one signed with BP recently. Read more

CBN receives 1,439 complaints against banks in six months

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The Central Bank of Nigeria (CBN) received a total of 1,439 and 2,451 complaints against banks and other financial institutions in the first half of the year. The data is contained in the half-year economic report for 2018 released by the regulator . Read more

Equities Market Opens Week With 0.24% Decline

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The Nigerian equities market commenced the trading week, yesterday, on a negative note as the Nigerian Stock Exchange All-share Index (NSE-ASI) posted a loss of 0.24 per cent. Read more

Fed Govt pays N16b TSA cost in two years

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The Federal Government has spent spent N16 billion on Treasury Single Account (TSA) transaction costs in two years, Accountant-General of the Federation (AGF) Ahmed Idris has said. Read more

The impact of banking crises on consumer trust and financial inclusion

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The role trust plays in the drive for an inclusive financial services ecosystem can’t be overemphasised. The recent developments in the banking sector have elevated the need to revisit the topic, this time drawing our insights from the body of evidence available. Read more

 

We recorded 1, 858 pipeline vandalism cases in one year – NNPC

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The Nigerian National Petroleum Corporation on Sunday said it recorded a total of 1,858 cases of pipeline vandalism between July 2017 and July 2018. Read more

Power agencies bicker over N500b payment

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Power Generation Companies (GenCos) have not received payment for electricity generated since June from the Nigerian Bulk Electricity Trading PLC (NBET). Read more

The unremitted oil revenues

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Recent report that the Nigerian National Petroleum Corporation (NNPC), its subsidiary, the Nigerian Petroleum Development Company (NPDC) and some companies in the oil and gas sector are yet to remit $22.06 billion and N481.75 billion into the Federation Account should be thoroughly investigated. Read more

Yuletide: NNPC, BP sign petrol supply deal

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The Nigerian National Petroleum Corporation on Thursday announced that it had signed a six-month Direct Sale-Direct Purchase agreement with the British Petroleum’s trading arm, BP Oil International Limited, for the supply of Premium Motor Spirit, popularly known as petrol. Read more

CBN injects $337.16m, 56.17m CNY into retail Secondary Market Intervention Sales

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The Central Bank of Nigeria (CBN) on Friday said it injected 337.16 million dollars in the retail Secondary Market Intervention Sales (SMIS) in its first intervention in the inter-bank foreign market for November. Read more

Breaking: Two banks, HSBC, UBS close their offices in Nigeria

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Report from the Central Bank of Nigeria, CBN, has revealed that two global giant banks, HSBC and UBS have closed their respective offices and shut down operations in Nigeria. Read more

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