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Category: headline

Business Economy headline

NNPC declares state of emergency on crude oil production

Iheanyi Ejiofor July 2, 2024 No Comments #crude oil production#NNPC#state of emergency

…Calls for collaboration to reduce production cost In a move towards increasing Nigeria’s crude oil production and growing its reserves, NNPC Ltd has declared a state of emergency on production…

Read More NNPC declares state of emergency on crude oil production
Business Economy headline

Dangote faults CBN’s 26% interest rate

Iheanyi Ejiofor July 2, 2024 No Comments #CBN#Dangote#interest rate#Man#Monetary policy

Our reporter/ Chairman and Chief Executive of the Dangote Group, Aliko Dangote, on Tuesday criticised the latest increment of interest rate to almost 30 per cent by the Central Bank…

Read More Dangote faults CBN’s 26% interest rate
Business Economy headline

FG clears $850m debt to EU airlines

Iheanyi Ejiofor July 2, 2024 No Comments #EU airlines

The federal government has paid up the backlog of debts to European airlines to the tune of $850m. The European Union Ambassador to Nigeria and the ECOWAS, Samuela Isopi, revealed…

Read More FG clears $850m debt to EU airlines
Business Economy headline

Dangote refinery boosts gasoil exports to W. African market

Iheanyi Ejiofor July 2, 2024 No Comments #Dangote refinery#gas oil exports

Nigeria’s new Dangote oil refinery is increasing gasoil exports to West Africa, taking market share from European refiners, according to traders and shipping data. The $20 billion refinery, built by…

Read More Dangote refinery boosts gasoil exports to W. African market
headline Politics

INEC announces 142 recommendations to improve Nigeria’s electoral process

Iheanyi Ejiofor July 1, 2024 No Comments #Electoral process#Mahmoud Yakubuinec

Mahmood Yakubu, the chairman of the Independent National Electoral Commission (INEC), says the commission has made 142 recommendations to improve future electoral processes. Mr Yakubu said this on Monday in…

Read More INEC announces 142 recommendations to improve Nigeria’s electoral process

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