World Cup: Nigeria’s Pillar Of Sports Rallies Support For Eagles, Amidst Poor Results …Salutes…
The Nigeria Pillar of Sports, Chief Donatus Agu-Ejidike JP has called on critical stakeholders in the Nigerian footballing milieu to rally round the the country's senior nation men's football team, the Super Eagles, amidst their!-->!-->!-->…
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Inflation, Policy Woes Push Guinness Out Of Nigerian Market
By William Emmanuel Ukpoju
Diageo, the parent company of Guinness Nigeria Plc, has announced its decision to withdraw from the Nigerian market after a 75-year presence. This move has ignited a flurry of reactions across social media!-->!-->!-->!-->!-->…
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Minimum Wage: BudgIT uncovers N132.2bn ‘frivolous’ 2024 appropriation
Civic-tech organization, BudgIT disclosed Tuesday that up to N132.2 billion were budgeted for frivolities in the 2024 budget, funds that could be used to pay up to 55,083 workers a minimum wage of N100,000 monthly for 2 years.
In!-->!-->!-->!-->!-->…
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African Energy Week (AEW) 2024 Town Hall to Unlock Africa’s Energy Industry Potential
NJ Ayuk
*The Town Hall will unite government, private sector and civil society to unpack Africa’s energy sector opportunities through a series of high-level roundtables and country-specific spotlights
The Town Hall at AEW: Invest in!-->!-->!-->!-->!-->…
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US Congress seeks reopening of Nigeria’s OPL 245 case against Shell, Eni
*Petitions US Attorney General on matter *Asks Justice Dept to recommence probe *Says Shell, Eni still profiting from fraud
The United States House of Representatives is pushing for the reopening of a Foreign Corrupt Practices!-->!-->!-->!-->!-->…
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Afreximbank Releases $3.175bn Syndicated Credit Facility To Nigeria
The African Export-Import Bank (Afreximbank), has released $925 million to Nigeria under a $3.3 billion syndicated credit facility sponsored by the Nigerian National Petroleum Company, Ltd. (NNPC), bringing total disbursements to!-->!-->!-->…
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Return of Petrol subsidy seen denting Nigeria’s credit rating
The return of petrol subsidy in Nigeria could affect the country’s positive credit ratings, according to multiple analysts who spoke to BusinessDay.
This may be negative for Africa’s most populous nation’s prospects of getting funds!-->!-->!-->!-->!-->…
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Smuggled Nigerian petrol floods West African markets at N1,700 per litre
After a sharp increase in the price of gasoline at the pump in surrounding nations, the Federal Government on Monday expressed concern about the resumption of smuggling of the commodity.
According to the report, the average cost of!-->!-->!-->!-->!-->…
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NNPC seals offshore agreement with North American firm to float LNG in Niger Delta
The Nigerian National Petroleum Corporation (NNPC) Limited has signed a significant deal with a North American firm, Golar LNG, to float Liquefied Natural Gas (LNG) offshore in Niger Delta region.
The spokesperson for NNPC,!-->!-->!-->!-->!-->…
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Tinubu Appoints Maduekwe, Others To Drive Nigeria’s Green Industrial Vision
By William Emmanuel Ukpoju
In a strategic move to advance Nigeria's green industrial vision and bolster investor confidence, President Bola Tinubu has approved several significant appointments to the National Council on Climate!-->!-->!-->!-->!-->…
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