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How NNPC, Finance Minister withdrew $3.12b from NLNG account – CBN

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ABUJA, NOVEMBER 23, 2018 - Twenty-two withdrawals totalling $3.12 billion were made from the Nigerian Liquefied Natural Gas (NLNG) dividends account domiciled in the...

Cement maker PPC seeks CEO as Claassen to retire

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JOHANNESBURG, NOVEMBER 23, 2018 - South African cement producer PPC reported an 11 percent increase in half-year profit on Friday and said it is...

CBN holds benchmark lending rate at 14 pct

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ABUJA, NOVEMBER 22, 2018 - THE Central Bank of Nigeria kept its main interest rate at 14 percent on Thursday, its governor Godwin Emefiele...

Russia eyes new wheat export frontiers in challenge to EU, U.S.

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MOSCOW/HAMBURG, NOVEMBER 22, 2018 - Russia, already the world’s leading wheat exporter, is bent on taking further market share from the European Union and...

CBN set to reach deal in $8.1 billion MTN dispute

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ABUJA, NOVEMBER 22, 2018 - THE Central Bank of Nigeria is on the verge of an agreement over a $8.1 billion dispute with South...

Eight killed in attack on Foraco well site in Niger

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NIAMEY, NOVEMBER 22, 2018 - Armed men killed eight people on Thursday in a late night attack on French drilling company Foraco’s water well...

Verification of ex-Nigeria Airways workers living abroad may begin 2019

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ABUJA,  NOVEMBER 22, 2018 - Mr John Waitono, Deputy Director, Presidential Initiative on Continuous Audit (PICA), says verification exercise for former workers of the...

Trump ‘apologises’ as oil prices crash ’causes’ traffic jams

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NOVEMBER 22, 2018 - U.S. President Donald Trump has ‘apologised’ to Americans for allegedly causing traffic jams in the country following the crash in...

Fact Check: List of disputed facts in Jonathan’s book “My transition...

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NOVEMBER 22, 2018 - Former Nigeria’s President Dr Goodluck Jonathan has released his book which he titled “My Transition Hours”; as expected the book...

CBN Supplies $210 million to Inter-bank Forex Market

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ABUJA,  NOVEMBER 22, 2018 – The Central Bank of Nigeria (CBN) Wednesday intervened in the interbank foreign exchange market by injecting the sum of...