Month: July 2022
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Aviation & Maritime
Emirates writes Aviation Minister over inability to repatriate funds, plans reduction in operations to Nigeria
It is with a heavy heart that I write to inform you of planned reductions in Emirates’ operations to Nigeria.…
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Business Insight
Eni steps up buybacks after quadrupling Q2 earnings
Italy’s Eni followed other European majors in increasing share buyback programs after posting quadrupled second-quarter earnings beating expectations. High commodity…
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Business Insight
Unity Bank posts N27.6bn gross earnings in six months
Unity Bank Plc has announced gross earnings of N27.6 billion for the first half of 2022 ended June 30. According…
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Business Insight
Atlantic Council panel on 2022 African Economic Outlook pushes for ‘Africa agenda’ at COP 27
Africa deserves the highest priority attention at the United Nations climate conference, COP 27 to be held in November this…
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Business Insight
Telcos kick as FG plans 12.5% call tax
Nigerian telecommunication consumers under the aegis of the National Association of Telecoms Subscribers (NATCOM) have said the move by the…
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Business Insight
Oil prices soar as market shrugs off recession fears
The price of crude oil skyrocketed on Friday as the market generally ignored the crude oil demand implications from worries…
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Business Insight
Maxim Agri Holding, Victory Farms Ltd, and Gatsby Africa announce partnership on aqua-feed mill
The Maxim Agri-managed feed mill facility will produce high quality and affordable aqua feeds to meet the demand from East…
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Business Insight
FBN Holdings Plc declares N359.2bn gross earnings, N56.5bn profit in 2022 half year
FBN Holdings Plc has announced its unaudited results for the half year ended June 30, 2022 with gross earnings of…
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Business Insight
Russia asks for LNG payments via Moscow bank
Russian Sakhalin Energy Investments Co is asking the buyers of its liquefied natural gas to pay for it via the…
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