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News about Companies, SMEs, Startups
Shoprite controls 22% of Nigeria’s formal retail, future to be driven by indigenous retailers
Nigeria’s retail market faced a myriad of challenges following the recession in 2016.
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IPMAN orders fuel marketers to sell fuel at old rate until new directive from PPPRA
The ex-depot price is the price at which depot owners sell petroleum products to retail marketers.
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Does the Nigerian educational system need support from tech companies?
The Educational system should welcome help because in the end, students bear the brunt of our shortcomings.
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Facebook rivals TikTok with launch of video-sharing product inside instagram
With the launch of Reels, the dispute between Facebook and TitTok will get worse.
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NNPC records 43% drop in pipeline vandalism in May
Mosimi-Ibadan pipeline axis accounted for 38% of the vandalized points.
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Nigeria attracts foreign investment worth $5.85 billion in Q1
The report also revealed the top 10 highest and lowest countries that invested in Nigeria.
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MTN seeking to sell stake in Jumia Technologies AG
MTN has been trying to dispose of its non-core assets to minimize debt and open new markets.
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Nigerian High Commission in UK gives details of next batch of evacuation flight
The payment by evacuees for their ticket will be accepted at the going market rate of N475/$1
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FG increases fuel pump price to N138.62 per litre
Kerosene would be sold for N160 at depots and diesel is set at N160 per litre in Lagos.
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COVID-19: Virgin Atlantic files for bankruptcy
The airline is seeking protection under chapter 15 of the US bankruptcy code.
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