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Norway to increase visa issuance to Nigerian citizens
The Norwegian Ambassador to Nigeria, Jens-Petter Kjemprud, on Monday disclosed the plan by the Embassy to increase visas issuance to Nigerians. Mr Kje...
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Nigeria’s Wema Bank has already made 17% more than its profit in the whole of last year
Nigeria’s Wema Bank which calls itself the country’s oldest indigenous bank may end the year on a high as it has already surpassed its full year 2017 ...
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Nigerian unions threaten to resume strike unless government acts on minimum wage
Nigerian trade unions may resume a nationwide strike if the government fails to publicly agree to a proposed increase in the minimum wage and to set a...
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Nigeria plans to cut 2019 budget and lower debt to boost revenues
Nigeria plans to cut its 2019 budget to lower debt, its budget minister said on Thursday, a day after parliament approved a new $2.8 billion Eurobond ...
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GTBank, Zenith & UBA report profit growth in first 9 months of 2018
Three of Nigeria’s largest banks Guaranty Trust Bank (GTBank), Zenith Bank and the United Bank for Africa (UBA) all recorded impressive first nine mon...
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Acacia Mining threatens to invoke investment treaty in Tanzania
Acacia Mining said on Friday it would seek direct dialogue with Tanzania over a long-running tax dispute and threatened to invoke a bilateral investme...
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Standard Chartered sees increased China-Africa trade due to U.S. trade war
China is likely to boost imports from African countries as it seeks new sources of commodities in the wake of a trade war with the United States, a se...
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Dangote refinery still on course to commence production by 2020
Nigeria’s information minister, Lai Mohammed has said that he expects production at a huge oil refinery being built in Nigeria by Africa’s riche...
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Nigeria’s central bank, MTN getting closer to settlement – Minister
Nigeria’s central bank and South African telecommunications firm MTN could soon strike a deal in their dispute over the repatriation of $8.1 billion, ...
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President Cyril Ramaphosa orders inquiry into $142 billion state pension fund
South Africa’s President Cyril Ramaphosa on Wednesday appointed a judicial inquiry into the 2 trillion rand ($142 billion) state pension fund, a gover...