Business Inside
For latest stories on businesses, start-ups, business policies and strategies.
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Retail Giant Shoprite confirms exit from Nigeria
Shoprite Upbeat About Commendable Results Despite Lockdown Limitations; Confirms Exit From Nigeria Shoprite Group has announced its unaudited results for…
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Telecom operators to suspend USSD services over N42 billion indebtedness by banks
The Association of Licensed Telecommunication Operators of Nigeria (ALTON), has threatened to suspend USSD services over indebtedness by banks. Millions…
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There is no increase in pump price of PMS- PPPRA
The Executive Secretary of the Petroleum Products Pricing Regulatory Agency (PPPRA, ), Abdulkadir Saidu, says media report suggesting an increase…
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NNPC defends N966bn expenditure on pipeline repairs
Nigerian National Petroleum Corporation has explained that it spent N966bn to repair pipelines between 2010 and 2015. NNPC stated this…
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Inflation rate hits 16.47 percent in January
he consumer price index, (CPI) which measures inflation increased by 16.47 percent (year-on-year) in January 2021. This is 0.71 percent…
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CBN releases details on cryptocurrencies ban
In a statement on Sunday, the Central Bank of Nigeria (CBN) has reacted to condemnations trailing the directive to Deposit…
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Port Harcourt Refinery, two others record N6 billion operational expenses without production
A recent report released by the Nigerian National Petroleum Corporation, NNPC, reveals that without production, the three national refineries recorded…
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Oil Spills: Dutch court orders Shell to pay Nigerian farmers
A Dutch court has ordered the Nigerian subsidiary of Shell to pay compensation over oil spills in Nigeria’s Niger Delta,…
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Host communities kick against proposed privatisation of NNPC
The Host Communities of Nigeria Producing Oil and Gas (HOSTCOM) has faulted Federal Government’s proposal to unbundle the Nigerian National…
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NNPC to raise about $1 billion in a prepayment to refurbish Port Harcourt Refinery
The Nigerian National Petroleum Corporation (NNPC) is in talks to raise about $1 billion in a prepayment with trading firms…
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