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Nigerian union orders Total fuel depot strike over sackings

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LAGOS, JANUARY 5, 2017 - The Nigeria Union of Petroleum and Natural Gas Workers ordered on Thursday a strike at Total fuel truck depots...

CBN sells 173b naira treasury bills with rates flat

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LAGOS, JANUARY 5, 2017 - Nigeria sold 172.85 billion naira ($550 million) at its first treasury bill sale of the year on Wednesday with...

The eleven exchange rate regimes that make the Naira unmanageable

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By Charles Ike-Okoh THUR, JANUARY 5 2017-The Central Bank of Nigeria (CBN) and the foreign exchange market are the most miserable bedfellows. The capitulation of...

OPEC oil output falls from record high ahead of planned cuts...

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LONDON, JANUARY 5, - OPEC's oil output in December fell from a record high ahead of a deal to cut production, a Reuters survey...

FG resumes payments to former Niger Delta militants

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YENAGOA, JANUARY 5, 2017 - Federal government has resumed payments of cash stipends to former militants agreed under a 2009 amnesty in the country's...

Nigeria Slashes Import Duties On 115 Items

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ABUJA, JANUARY 5, 2017 - The Federal Government, in a bid to promote development in critical sectors of the economy , has approved a...

Jubilation In Kwara As Residents Receive Alert Of Buhari’s N5000

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KWARA, JANUARY 5, 2017 - There is excitement among beneficiaries of the N5000 federal government stipend in Kwara following confirmation of payment of the...

We will ensure Jammeh hands over to Barrow peacefully – Buhari

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ABUJA, JANUARY 5, 2017 - President Muhammadu Buhari has said Nigeria will do everything possible to ensure that Gambia President, Yahya Jammeh, hands over...

Use money for bullet proof cars to provide electricity for Nigerians...

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ABIA, JANUARY 5, 2017 - Former Abia State Governor, Orji Kalu has called on President Muhammadu Buhari, state governors and other political office holders...

Tinubu, Dantata, Ogar, Cole win crude oil contract

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JANUARY 5, 2017 - The Nigerian National Petroleum Corporation, NNPC, yesterday, announced that Wale Tinubu’s Oando, Toye Cole’s Sahara Energy Resources, Sayyu Dantata’s MRS...