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Dangote accuses IOCs of frustrating crude oil supply to local refineries

THE Dangote Industries Limited (DIL) has accused the International Oil Companies (IOCs) operating in Nigeria of frustrating the supply...

Otedola buys N18.95bn shares to regain FBN’s highest shareholding position

NIGERIAN billionaire businessman and chairman of FBN Holdings Plc, Femi Otedola, has acquired a fresh 863,180,810 units of shares...
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Nigeria’s public debt stock rose to N121.67trn in Q1 2024 – DMO

NIGERIA's total public debt portfolio has risen by 24.99 per cent in a space of three months to N121.67...

FG berates RCC’s failure to complete East-West Road despite N40bn funding

THE Federal Government has criticised Reynolds Construction Company (RCC) for failing to complete even one kilometre (km) out of...
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First Bank’s board approves Olusegun Alebiosu as CEO, others

THE board of First Bank of Nigeria Limited has approved the appointment of Olusegun Alebiosu as the managing director/chief...

Nigeria seeks 18-month extension for World Bank’s $800m palliative loan

THE Nigerian government has requested an 18-month extension for the $800 million World Bank palliative loan scheme as the country...
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