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Business
2024: NNPCL announces date for commencement of operations of Kaduna refinery
The Management of the Nigerian National Petroleum Company Limited (NNPCL) says the rehabilitation of the Kaduna Refining and Petrochemicals Company (KRPC) will be completed by the end of 2024 after years of being shut down due to lack of!-->…
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CBN orders Moniepoint, Opay, Kuda, others to suspend taking new customers over illicit foreign…
The Central Bank of Nigeria (CBN) has ordered four fintech companies to suspend them from opening new accounts and accepting new customers over allegations that they were being used to funnel cryptocurrency and manipulate the naira’s!-->…
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Nigerians express different views about cost of foodstuff
A cross-section of some Nigerians in Plateau, Benue, and Taraba states, have expressed divergent views over the current prices of goods and services in the country.
The respondents, who spoke in separate interviews with the News Agency!-->!-->!-->…
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Naira depreciates at parallel market, official window
The naira depreciated to N1,320 per dollar at the parallel market of the foreign exchange (FX) on Friday.
The current FX rate signifies a decline of 1.54 percent from N1,300/$ traded on April 24.
Currency traders, known as Bureau de!-->!-->!-->!-->!-->…
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Commercial motorcyclists lament scarcity, high cost of fuel in Kaduna
Commercial motorcycle and tricycle operators in Kaduna State have lamented the high cost of fuel, a development they said has negatively affected their business.
Some of the operators bore their minds in separate interviews on Friday.
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JUST IN: Fire outbreak disrupts flight operations Lagos airport
A fire outbreak on Thursday morning disrupted flight operations at the Murtala Muhammed Airport in Lagos.
Confirming the incident, the Federal Airport Authority of Nigeria (FAAN) in a statement issued by its Director of Public Affairs!-->!-->!-->…
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‘With support of corrupt customs officers, FG loses billions of naira at Kano free trade zone’
Musa Audu-Abubakar, a seasoned economic expert, has raised alarm over the alleged illegalities taking place at the Nigerian Export Processing Zone in Kano, costing the Federal Government billions of naira in revenue.
Mr Audu-Abubakar,!-->!-->!-->…
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Future Energies Africa Ltd owns 60 per cent shares of KEDCO- CEO
Kano Electricity Distribution Company (KEDCO) has said Future Energies Africa (FEA) Limited owns a major stake in the distribution company.
In a statement issued by KEDCO’s Head of Corporate Communications, Sani Bala Sani, refuted the!-->!-->!-->…
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Kaduna seals UBA branches over alleged unpaid tax
The Kaduna Internal Revenue Service (KADIRS) on Wednesday sealed the United Bank for Africa (UBA) branches in the state metropolis over an alleged N14.3 million unpaid tax.
Speaking to newsmen after the exercise, Hajiya Aysha Ahmad, the!-->!-->!-->…
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2024: FAAN reopens runway after Dana Air incident
The Federal Airports Authority of Nigeria (FAAN) has notified the public and all stakeholders that runway 18L/36R has been reopened for flight operations at about 8.00 p.m.
This is contained in a statement signed by Mrs Obiageli Orah,!-->!-->!-->…
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