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PUMA Unhappy With Nigeria, Ends $2.7m Sponsorship Deal

August 5, 2021

PUMA on Wednesday, August 4, 2021, ended its 4-year deal with Nigeria over kitting issues that happened at the Tokyo 2020 Olympics. The German Company was unhappy with the Athletics Federation of Nigeria and Nigeria’s Olympic Committee for kitting with a different

Finance & Economy·News

Nigeria’s Foreign Reserve Grows By $79.1m

August 5, 2021

NIGERIA’S foreign reserve closed the month of July 2021 at $33.4bn, appreciating marginally by $79.1m compared to last month’s $33.32bn. According to data extracted from CBN’s website, foreign reserve declined by $1.97bn compared to $35.37bn at the start of 2021. The current

Naira Ends Week With N59.71 Gain At Official Market

Finance & Economy·News

Naira Remains Stable At Official Market, Appreciates At Black Market

August 5, 2021

‌The naira closed at N411.50 against the U.S dollar at the official Investors and Exporters window. It has remained stable against the US dollars which was also at N411/$ as recorded on Tuesday. Also, the naira appreciates at the parallel market to

News·Oil & Gas

FG Approves $1.4bn For Rehabilitation Of Warri, Kaduna Refineries

August 5, 2021

Federal government has approved contracts for the rehabilitation of Warri and Kaduna refineries at combined sum of $1.484 billion.

News

Host Communities Of Hydropower Demand 10% Royalty From BPE

August 5, 2021

Shiroro Dam. Photo credit: Google HYDROELECTRIC Power Producing Areas Development body which comprise host communities of hydropower, on Wednesday, met with the Bureau of Public Enterprises to demand 10% royalty payment from the concession of the plants. HYPPADEC Managing Director, Abubakar Yelwa

News·Transport

Lagos Divert Marina, National Theatre Traffic For 221 Days

August 5, 2021

TRAFFIC on the National Theatre and Marina axis of Lagos will be diverted for a period of 221 days, with effect from Monday, August 9, 2021. The diversion is to allow for the continuation of construction works on the Blue Line rail

News·Oil & Gas

Nigeria Needs More Funding For Renewable Energy Projects – Minister

August 5, 2021

Minister of State for Power, Goddy Jedy Agba. Nigeria needs more funding from donor agencies and international partners to boost the renewable energy sub-sector in the country. Minister of State for Power, Goddy Jedy Agba, made this known at a roundtable conference

Finance & Economy·News

Stock Exchange: CUTIX Leads 16 Gainers, SOVRENINS Tops 19 Losers

August 5, 2021

CUTIX Plc AT the close of stock exchange market on Wednesday August 4, 2021 on the Nigerian Stock Exchange (NGX), CUTIX led 16 Gainers, and SOVRENINS topped 19 Losers. To top the equity gainers, CUTIX closed with N5.50 on Wednesday as against N5.00

News

US Charges Press, Civil Society To Protect Freedom Of Expression In Nigeria

August 4, 2021

United State’s Consul General Lagos, Claire Pierangelo IN view of recent developments in Nigeria, reporters, editors, media executives, and civil society representatives must remain vigilant to protect the right to freedom of expression and press freedom. This charge was directed at members

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Latest

PUMA Unhappy With Nigeria, Ends $2.7m Sponsorship Deal

Nigeria’s Foreign Reserve Grows By $79.1m

Naira Remains Stable At Official Market, Appreciates At Black Market

FG Approves $1.4bn For Rehabilitation Of Warri, Kaduna Refineries

Host Communities Of Hydropower Demand 10% Royalty From BPE

Lagos Divert Marina, National Theatre Traffic For 221 Days

Nigeria Needs More Funding For Renewable Energy Projects – Minister

Stock Exchange: CUTIX Leads 16 Gainers, SOVRENINS Tops 19 Losers

US Charges Press, Civil Society To Protect Freedom Of Expression In Nigeria

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