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BUHARI NOMINATES OKONJO-IWEALA AS DG WORLD TRADE ORGANIZATION

President Muhammadu Buhari nominated the former Minister of Finance and Coordinating Minister of the economy, Ngozi Okonjo Iweala, as the Director-General of the World Trade Organization (WTO). [...]

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GOOGLE TRACKS USERS IN ‘INCOGNITO’ MODE, $5 BILLION SUIT CLAIMS

Google got slapped with a $5 billion proposed class-action lawsuit this week, with plaintiffs accusing the search giant of illegally invading the privacy of millions of users by tracking their [...]

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FG REMOVES FUEL PRICE CAP, GIVES MARKETERS FREEDOM TO FIX PRICE

The Petroleum Products Pricing Regulatory Agency, PPPRA, has removed the cap on the price of Premium Motor Spirit (PMS), also known as petrol, giving marketers freedom to fix price of the [...]

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INCREASED INVESTMENT IN LOCAL REFINING WILL MITIGATE ECONOMIC FAILURE’

For the government to mitigate economic failure in Nigeria, there is need for more investment in local refining as a way out of the looming recession, as well as help the country remain resilient [...]

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EXPERT CAUTIONS COMMUTERS TO BE VIGILANT

As part of efforts to curtail the spread of the coronavirus disease, a transport expert, Johnny Enagwolor, has implored motorists and commuters to remain vigilant and take the necessary [...]

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THE NEW NORMAL: DRIVE TOWARDS TECH WILL ULTIMATELY BENEFIT ALL SECTORS

Simply put, Covid-19 has been a rollercoaster. What started as a somewhat peripheral story halfway around the world soon came to dominate both our personal and working lives in a manner that has [...]

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NNPC DIGITALISES OPERATIONS, COMMENCES ONLINE SALE, TRACKING OF PETROLEUM PRODUCTS

The Nigerian National Petroleum Corporation (NNPC), Wednesday, stated that it has commenced the online sales and tracking of petroleum products across the country, to ensure minimal human [...]

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NATIONAL ASSEMBLY RAISES OIL BENCHMARK TO $28, SLASHES OUTPUT

The National Assembly has approved the revised 2020-2022 Medium-Term Expenditure Framework and Fiscal Strategy Paper presented to the National Assembly on Thursday by the President, Major General [...]

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DEBT, SLOW GROWTH DRIVE CAPITAL MARKET DOWNWARDS – PWC

Growing levels of debts and slow economic growth in Africa have been affecting the Nigerian and other African equity capital markets activity and dragging them down over the past three years, [...]

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OIL SOARS TO $40 AS NIGERIA CUTS PRODUCTION TO 1.613M B/D

Oil prices rose sharply yesterday, as Brent per barrel settled above $40 due to reported small crude oil inventory draw of 483,000 barrels for the week ending May 29. Although analysts had [...]

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