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Nigeria seeks $15b upfront cash oil deal with India

    Nigeria seeks $15b upfront cash oil deal with India

Nigeria is seeking a $15billion cash raising oil deal with India in a bid to shore up its foreign reserves. Minister of State for Petroleum Ibe Kachikwu, who is in

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​Unity Bank Introduces UnityBiz Account to drive the SME franchise

    ​Unity Bank Introduces UnityBiz Account to drive the SME franchise

Unity Bank Plc. has introduced the Unity Biz Account as part of its bouquet of SME offerings aimed at supporting micro, small and medium enterprises (MSMEs). The SME space is

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Dangote buys gas firm in the Netherlands

    Dangote buys gas firm in the Netherlands

The management of Dangote Industries Limited on Sunday announced that it had completed the acquisition of Twister BV, a company in the Netherlands, as part of its strategy to meet

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Nigeria may lose N69trillion to climate change, says Minister

    Nigeria may lose N69trillion to climate change, says Minister

Nigeria is at risk of losing N69 trillion to climate change, the Minister of State for Agriculture and Rural Development, Senator Heinken Lokpobiri, has stated. He spoke at the 2016

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Senate summons CBN, MTN, banks over $13.9bn transfer probe

    Senate summons CBN, MTN, banks over $13.9bn transfer probe

The Senate on Thursday summoned the Central Bank of Nigeria, MTN Nigeria, the Financial Reporting Council of Nigeria, three commercial

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CBN stops banks from sacking workers

    CBN stops banks from sacking workers

The Bankers Committee yesterday halted retrenchment by banks. Central Bank of Nigeria (CBN) Director, Banking Supervision, Tokunbo Martins, told reporters

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NCC: Visafone applied for shares transfer, not licence

    NCC: Visafone applied for shares transfer, not licence

The Nigerian Communications Commission (NCC) yesterday said it only granted approval to Visafone’s application to transfer its shares to MTN

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Oil price hits one-year high at $53

    Oil price hits one-year high at $53

Global oil benchmark, Brent, jumped to a one-year high on Monday, after Russia said it was ready to join the

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OPEC ‘lost over $1tr to drop in oil prices’

    OPEC ‘lost over $1tr to drop in oil prices’

The Organisation of Petroleum Exporting Countries (OPEC) lost over $1trillion in revenues from the drop in crude prices globally, the

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Kia Motors rises to 69th in Interbrand’s 2016 Best Global Brands report

    Kia Motors rises to 69th in Interbrand’s 2016 Best Global Brands report

• Kia’s global brand value grows 12% to US$6.3 billion • Company’s brand value has increased seven-fold since 2006 •

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