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Fears on oil find in North East

Fears on oil find in North East

Insecurity, energy transition, looming environmental dangers, investment apathy, cloudy regulatory framework, diversion of funds to the North and other unanswered…
No privatisation of refineries, JV assets yet, says BPE

No privatisation of refineries, JV assets yet, says BPE

There are no plans yet to privatise Nigeria’s ailing refineries, at least not for the 2020 fiscal year, meaning that the…
Electronic transactions can reduce financial losses from disasters

Electronic transactions can reduce financial losses from disasters

A FinTech expert has said the adoption of electronic transactions could have helped mitigate the losses suffered by traders across…
Auto industry attracts over $1 billion investments

Auto industry attracts over $1 billion investments

Nigeria’s automobile industry received a boost with over $1billion investments from renowned auto manufacturers in 2019, thereby lifting capacity to…
Volkswagen offers to buy all of Navistar for $2.9 bn

Volkswagen offers to buy all of Navistar for $2.9 bn

German auto giant Volkswagen said Thursday it wants to buy the part of American truck maker Navistar that it does…
Amazon shares surge on strong earnings update

Amazon shares surge on strong earnings update

Amazon shares shot higher Thursday after the internet colossus released quarterly earnings figures for the holiday quarter that trounced market…
Expert lists non-oil sector as major driver of economic growth

Expert lists non-oil sector as major driver of economic growth

The non-oil sector has been identified as the major driver of the nation’s economic growth in 2020.   A macroeconomic…
Investing in rice production and rice processing

Investing in rice production and rice processing

The Federal Government plans to make Nigeria self-sufficient in rice production. From research, it has been proven that Nigeria rice…
IEA says oil stocks, non-OPEC output to buffer market from shocks

IEA says oil stocks, non-OPEC output to buffer market from shocks

Surging oil production from non-OPEC countries led by the United States along with abundant global stocks will help the market…
Telco firm exits towers businesses in Ghana, Uganda

Telco firm exits towers businesses in Ghana, Uganda

MTN Group (MTNJ.J) has agreed to sell its towers businesses in Ghana and Uganda as Africa’s biggest mobile phone operator…
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