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News about Companies, SMEs, Startups
FAAN investigates alleged cash demands made by Abuja airport’s officials
Passengers should report any official from any agency who requests money under any guise.
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FG says fund not a challenge to completion of Lagos-Ibadan rail but lack of workers
Coronavirus pandemic has come to stay, CCECC to come up with measures of completing the rail project.
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NRC says Lagos-Ibadan rail to start operations next month with 16 trips daily
Okhiria disclosed that NRC will not wait for all the stations to be ready before starting operations.
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Amaechi pleads with NASS to halt questioning of loan agreement with China
Amaechi wants the National Assembly to allow Nigeria to get the $5.3 billion loan from China.
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Jumia sees competition from startups in growing African e-commerce market
Investors have experienced a couple of twists and turn since the stock debuted in New York.
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Buhari discloses what it will take to reverse US visa ban
President Buhari has fully addressed 2 out of the 6 areas of concern raised by the United States.
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CBN says 22 banks to restructure over 35,000 loans due to COVID-19
This is seen as part of measures by the apex bank to curb the rise in non-performing loans.
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Fitch forecasts that banks’ earnings will be hit hard by CBN’s CRR policy, others
The CRR debits on Nigerian banks have exceeded the N2 trillion mark in 2020 alone.
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Plan to overhaul Nigeria’s Power grid attracts investors – Siemens
The project is aimed at achieving 25,000 megawatts of electricity in the country by 2025.
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Jumia confirms COVID-19 lockdowns did not help e-commerce revenues
Africa's leading e-commerce firm Jumia released its second-quarter earnings on Wednesday showing it incurred a loss of Eur 37.6 million...
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