Month: April 2020
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Aviation & Maritime
Boeing deliveries down 66% as $641 million loss is announced
Boeing’s deliveries have fallen by roughly two thirds as the American manufacturer today announced a $641 million loss for the…
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Business Insight
Prepare for higher fuel price, PPPRA tells Nigerians
Executive Secretary, the Petroleum Products Pricing Regulatory Agency (PPPRA), Abdulkadir Saidu, has said Nigerians should be ready to pay high…
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Business Insight
APICORP announces $500m to member countries in COVID-19 recovery support
The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, announced today that it has launched a USD 500…
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Business Insight
FMDQ admits United Capital, Sterling Bank CP Notes to its platform
FMDQ Exchange has announced the approval and admission of the United Capital Plc and Sterling Bank Plc Commercial Paper (CP)…
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Business Insight
East Africa’s Oil Industry: A New Story in the Making
The recent acquisition by Total of Tullow Oil’s entire interests in the Lake Albert Development Project in Uganda, including the…
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Business Insight
9mobile offers subscribers free access to health and educational websites
Nigerian telecoms network, 9mobile, on Tuesday, April 28, 2020 announced that it had given its subscribers free access to health…
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Business Insight
Oil demand won’t return to ‘normal’ until end-2021, says Morgan Stanley
Oil demand around the world will not return to the pre-virus levels of 2019 until the fourth quarter of 2021,…
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Business Insight
In call to Buhari, Trump promises to support Nigeria with ventilators
US President, Donald Trump, has promised to assist Nigeria with ventilators to contain the Coronavirus global pandemic in the African…
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Business Insight
NAFDAC denies pre-inspection of palliative rice to Oyo State
The Director-General of the National Agency for Food Drugs and Administration Control (NAFDAC), Prof. Mojisola Adeyeye, has said her agency…
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Business Insight
Union Bank posts N42.6bn gross earnings in Q1 2020, PBT up 19%
Union Bank of Nigeria Plc on Wednesday, April 29, 2020 released its unaudited financial statements for the first quarter ended…
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