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Space Programme: Elon Musk’s SpaceX Raises $337.4m In Fresh Funding

December 30, 20210570
Space Programme: Elon Musk’s SpaceX Raises $337.4m In Fresh Funding

SpaceX, run by Billionaire Elon Musk, has raised more than $337.4 million in equity financing. Reuters report that the rocket company disclosed the

Read More
BusinessEconomyNews

Deficit Financing: FGN Raises N13.6tn In Half Year Using Bonds

December 30, 20210535
Deficit Financing: FGN Raises N13.6tn In Half Year Using Bonds

In the first six months of 2021, the Federal Government of Nigeria generated N13.66tn from bond offers and allotment which is N1.99tn higher than the

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BusinessEconomyNews

RUGA Fund: Agriculture Ministry Gets Query For Spending N3.8bn

December 29, 20210689
RUGA Fund: Agriculture Ministry Gets Query For Spending N3.8bn

The Federal Ministry of Agriculture has been asked to explain spending a total sum of N3.809bn on the suspended Rural Grazing Area scheme without a pr

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BusinessEconomyNews

Power Generation: National Grid Sheds 571.5MW As DISCOS Reduce Supply To Consumers

December 29, 20210531
Power Generation: National Grid Sheds 571.5MW As DISCOS Reduce Supply To Consumers

Some power distribution companies (DISCOS) in Nigeria on Tuesday rationed electricity supply as power generation on the grip fell by 571.5 megawatts w

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BusinessEconomyNews

Marginal Oilfield: Nigerian Upstream Regulator To Close 2020 Bid Session

December 29, 20210574
Marginal Oilfield: Nigerian Upstream Regulator To Close 2020 Bid Session

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is ready to close out the 2020 marginal field bid session. Chief Executive Officer of

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BusinessEconomyNews

Fuel Subsidy Removal: Northern Groups Plan Protests Across Nigeria

December 28, 20210555
Fuel Subsidy Removal: Northern Groups Plan Protests Across Nigeria

The Federal Government’s plan to withdraw fuel subsidy in 2022 is not going down well with some persons in the country as the South-South chapter of t

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BusinessEconomyNews

Fight Against Smuggling: Customs Marine Command Solicits Public Support.

December 28, 20210579
Fight Against Smuggling: Customs Marine Command Solicits Public Support.

The Western Marine Command (WMC) of the Nigeria Customs Service has called on members of the public to make available to the operatives of the Service

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BusinessEconomyNewsUncategorized

Social Media; Telecom Experts Justify Nigerian Government’s Tax Plan

December 28, 20210717
Social Media; Telecom Experts Justify Nigerian Government’s Tax Plan

With effect from January 1, 2022, Nigeria will commence implementation of a new value-added tax law which requires all non-resident businesses that pr

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BusinessEconomyNews

Financial Services: Access Bank CEO Discusses Company’s Expansion Plans

December 28, 20210400
Financial Services: Access Bank CEO Discusses Company’s Expansion Plans

In an interview on CNN’s First Move with Julia Chatterley, Access Bank CEO Herbert Wigwe discusses the company’s expansion plans in Africa and beyond,

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BusinessEconomyForeignNews

World Economy: Output To Hit $100 trillion In 2022 – Report

December 27, 20210545
World Economy: Output To Hit $100 trillion In 2022 – Report

The global economic output is expected to exceed $100 trillion for the first time in 2022 and it will take China a little longer than earlier predicte

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