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Saturday, July 27, 2024

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Business & Economy

President Tinubu Calls For Strengthening of Nigeria-China Relations

President Bola Tinubu on Thursday in Abuja commended the partnership between Nigeria and China. The President gave the commendation when he received Chen Xiaodong, the...

Senate Passes Amended Finance Act Bill

The Senate, on Tuesday, passed the Finance Act (amendment) Bill, 2024. This followed the consideration and adoption of the report of the Senate Committee on...

FG Releases Over N438bn To 34 States, FCT

The Federal Government has released over N438 billion reimbursement to 34 States and the FCT, under the Nigeria Community Action for Resilience and Economic...

AfDB President Defends Dangote’s Push for Fuel Import Ban, Stresses Fair Competition

The president of the African Development Bank Group (AfDB), Akinwumi Adesina, has defended the efforts of Aliko Dangote, president of Dangote Group, to urge...

N6.2trn Supplementary Budget For Minimum Wage Payment — Minister

The Federal Government says the proposed N6.2 trillion supplementary budgetary will be used to pay the minimum wage. Atiku Bagudu, the Minister of Budget and...

Reps Warns Petroleum Agencies Against Frustrating Probe Into $60bn Loss By FG

The House of Representatives has threatened to sanction agencies and companies that failed to appear before the committee in the probe of loss of...

My Friends Warned Me Against Investing In Nigeria — Dangote

The president of Dangote Group of Companies, Aliko Dangote, has said one of his wealthy friends, who warned him against investing in Nigeria, has...

Dangote Calls Off Plan To Invest In Steel Plant Over Spat With FG

Aliko Dangote, Africa’s richest man, is calling off plans to invest in a new steel plant in Nigeria after the government accused him of...

Value of Transactions At NGX Up 9.98%

The value of transactions on the floor of the Nigerian Exchange Ltd. (NGX) on Friday advanced by 9.98 per cent compared to the previous...

CBN Introduces New Stricter Rule On Dormant Accounts

The Central Bank of Nigeria, CBN, has implemented stricter regulations for managing dormant accounts and unclaimed financial assets in banks and other financial institutions. These...

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