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FG Reduces Oil Block Entry Costs To $3m

FG Reduces Oil Block Entry Costs To $3m

As the 2025 licensing round gets underway, the Federal Government has reduced the signature bonus from $10m to $3m and $7m. The Nigerian Upstream Petroleum Regulatory Commission disclosed this in an update on its website. According to the commission, this ...

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PoS Takeover: FG Ends Cash Payments In MDAs

PoS Takeover: FG Ends Cash Payments In MDAs

The Federal Government has outlawed the use of physical cash for the payment of revenue and directed Ministries, Departments, and Agencies to install Point of Sale terminals within 45 days. The directive formed part of four Treasury circulars issued by ...

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Sterling Bank Rallies Africa To Reclaim Food Future

Sterling Bank Rallies Africa To Reclaim Food Future

Sterling Bank Limited, a leading advocate for agricultural finance in Nigeria, has called on African nations to forge stronger partnerships, deploy catalytic financing, and ensure the practical implementation of policies to accelerate the continent’s agricultural transformation and achieve food security. ...

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Equities Market Opens Week In Red By N1.17trn Loss

Equities Market Opens Week In Red By N1.17trn Loss

The Nigerian equities market yesterday commenced the week on a downward trajectory, with a decline of N1.172 trillion. The All Share Index (ASI) lost by 1,853.82 points, representing a loss of 1.26 per cent to close at 145,159.77 points. Also, ...

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