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Sunday, June 25, 2017
Business

Business

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The Naira on Wednesday appreciated against the dollar at the parallel market. The Nigerian currency on Wednesday afternoon gained 5 points to exchange at N490 to the dollar, from N495 it traded on Tuesday, representing an appreciation of 1.01 per...
The Group General Manager, Crude Oil Marketing Department of the Nigerian National Petroleum Corporation (NNPC), Mr. Mele Kyari, has said the nation’s difficult business environment may make it difficult to sustain the current pump price of petrol. He spoke at...
The two major workers’ unions in the oil and gas industry on Tuesday resolved to immediately shelve their ongoing strike and the one planned for January 9, 2017. The decision to shelve the actions was taken by the leaderships of...
THE Nigerian National Petroleum Corporation (NNPC) has dissociated itself from the failed bid by an Indian company, Oil and Natural Gas Corp-Mittal Energy Limited, to acquire an oil block and the consequent non-refund of the signature bonus it paid...
Foremost African Financial Institution; Guaranty Trust Bank plc is set to hold the 3rd edition of the GTCrea8 Mini Cooper giveaway. The promo which was launched in 2013 provides a platform for the Bank to reward one lucky GTCrea8...
The Nigerian Stock Exchange (NSE) has renewed the contract of its Chief Executive Officer, Mr Oscar Onyema, for another five-year term. This is contained in a statement issued by the exchange, which was made available to the News Agency of...
British Airways has unveiled its new lounge at the newly built Concourse D in Dubai International Airport. The airline’s new lounge features a Concorde Bar for those flying in First. BA says that the lounge has been designed to “…maximise...
Nigeria’s Central Bank is expected to make available $20,000 to each of the country’s 3,150 registered forex bureaus on Thursday at a rate of 360 naira per dollar in order to boost liquidity, the head of the bureau de...
…Atedo Peterside, others canvass support for growth amid Nigeria’s current economic position Nigeria’s current economic position presents an opportunity to diversify the economy, invest in critical sectors and stimulate growth of the SME space to put the country on the...
Aliko Dangote, president of Dangote Group, is building the world’s largest greenfield refinery, with a starting refining capacity of about 600,000 barrels of oil per day. Much more interesting is the geographical size of the refinery, which Dangote puts at...
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