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Nigeria plans to support oil price with lower production cost per barrel, NNPC records 34% increase in trading surplus, NNPC begs security agencies to allow petrol tankers commute during lockdown, FG abolishes petrol subsidy regime as full deregulation sets in

FG abolishes fuel subsidy regime as full deregulation sets in

Nigeria has finally bowed to long-standing pressure to restructure the downstream segment of the Nigerian oil industry through the removal of fuel subsidy. 
COVID19 Response: Leadway Assurance commits N135 million in PPE equipment, test kits, foodstuff

COVID19 Response: Leadway Assurance commits N135 million in PPE equipment, test kits, foodstuff

Leadway Assurance has announced its donation of PPE materials, COVID-19 test kits and foodstuff as part of its efforts to support optimal testing and treatment of COVID-19 cases.
cryptocurrency,Cryptocurrencies and its usage in Africa

Cryptocurrencies and its usage in Africa

Cryptocurrency is basically, a digital currency based on an innovative technology called the blockchain. Its users range from small businesses
More pressure on the naira as Diaspora remittances to drop by 20%

More pressure on the naira as Diaspora remittances to drop by 20%

A Pan-African credit rating agency has predicted that diaspora remittances for this year are going to witness a 20% decline from last year’s figure.
Dangote Group goes to Togo, sets up fertiliser and cement factories, Dangote cement to leverage on Togolese market to boost revenue, Dangote set to push investments in agriculture , Coronavirus: Dangote pledges over N200 million donation to FG,Dangote Cement woos investors with N100 billion issue

Dangote Cement woos investors with N100 billion issue

Dangote Cement Plc, Africa’s leading cement manufacturer, is seeking to raise up to N100 billion in fresh funds from the bond market