Month: December 2020
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Business Insight
China launches anti-monopoly investigation into Alibaba
China has launched an investigation into Alibaba for alleged monopolistic practices at the company, dealing yet another blow to the…
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Business Insight
Shell reacts to alleged bid by Rivers State to hijack Kidney Island asset
Supermajor, Shell Petroleum Development Company of Nigeria Limited (SPDC), has frowned at the alleged maneuver by the Rivers State Government…
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Aviation & Maritime
Qantas unions take sick pay fight to high court
Unions have accused Qantas of callous and illegal behavior in a battle to win sick pay for stood down employees.…
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Business Insight
First Bank reinforces health awareness campaign on COVID-19 safety
As the second wave of the deadly Covid 19 pandemic creates anxiety across the world, First Bank of Nigeria Limited…
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Business Insight
Telcos begin backend integration into NIMC database
The mobile network operators in Nigeria have started the process of backend integration with NIMC’s database to facilitate the validation…
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Business Insight
Nigeria’s forex inflow hits $21 billion in Q3
The total amount of foreign exchange inflow into the economy in the third quarter of 2020 stood at $21.46 billion,…
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Business Insight
BPE: N14 billion PHCN privatisation proceeds not diverted
The Bureau of Public Enterprises (BPE) has refuted reports that it diverted N14 billion from the proceeds of the privatisation…
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Business Insight
Youth from 22 countries compete in final round of first AfriCAN Code Challenge
Youth from 22 African countries are waiting with bated breath as the final round of judging in the inaugural AfriCAN Code…
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Business Insight
DMO: FGN bond oversubscribed in December
The Debt Management Office (DMO), via a statement posted on its website on Wednesday said a total of N60 billion…
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Business Insight
Equatorial Guinea makes advances on 100-Day Mining and Petroleum Milestones
The Ministry of Mines and Hydrocarbons shows progress in gas development and mining exploration. Drilling plans, natural gas downstream investments,…
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