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May 14, 2018
Consumers are facing trying times following increases in the retail prices of edible oil, which is becoming scarcer with the passage of time. A random survey carried out by The…
The Minister of Finance, Mrs. Kemi Adeosun, disclosed yesterday that the Federal Government would mobilise more revenues to drive its growth plan for the economy.The Minister made this known in…
ExxonMobil affiliate, Mobil Producing Nigeria Unlimited, operator of the Nigerian National Petroleum Corporation/Mobil Producing Nigeria Joint Venture, today announced plans to invest up to N13 billion (US$43 million) in three…
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, says the corporation will prove to Nigerians that it is the most transparent organisation in Nigeria. Mr…
May 11, 2018
The total value of capital imported in the first three months of 2018 (Q1) stood at $6,303.63 million, which represents a 594 percent increase (year- on–year) from $908.3 million in…
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has announced a three-point smart strategy aimed at ending gas flaring in the nation’s Oil and…
May 08, 2018
Nigeria’s Ministry of Petroleum has approved the recommendation by the Department of Petroleum Resources (DPR), to revoke three Oil Mining Leases (OMLs) operated by Shell Petroleum Development Company, a local…
May 07, 2018
The Coca-Cola Company today celebrates its global 132nd birthday and 90 years of operation in Africa. Marked as Founder’s Day, 8 May 1886 was when Dr. John S. Pemberton sold…
May 06, 2018
South African alcohol beverages maker Distell Group’s 2018 wine grape harvest was 30 percent down on the previous year due to drought in the Western Cape but grape quality was…
May 04, 2018
Fruit Loops cereal maker Kellogg Co topped Wall Street forecasts for first-quarter profit and sales on Thursday, boosted by stronger sales of snacks including Pringles chips and protein bars. Though…
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The United States has threatened to cut funding to South Africa, after it emerged that South Africa is among the countries in the United Nations that is most likely to…
Apr 24, 2018
After rising for a record 15 consecutive months to end January 2018, the S&P 500 index has recently pulled back. This is a welcome development for local fund managers looking…
Apr 18, 2018
All activities pursued by a company are inherently risky, although to varying degrees. Decisions made at present will show their full consequences only in the future and are affected not…

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