IN THE NEWS

Daily Watch – Economy ‘too fragile’ for 2nd COVID-19 lockdown, Wike goes heavy on IPOB

President Buhari's most senior spokesman, Femi Adesina, has rejected a report by Amnesty International on the Lekki shootings. Mr Adesina said that Amnesty could not have more facts about the country than the Presidency which has a ‘helicopter view’ of things happening in the country. He said the looting and rioting were not caused by the military shootings because there was already violence before the Lekki incident. Responding to a question on the Lekki shootings, he said, “You are not quite correct. You are falling for the narrative of Amnesty International, and Amnesty is wrong. Anarchy had broken loose before even Lekki. The prisons in Benin and Oko had been broken open before Lekki. Orile police station had been burnt before Lekki. He continued: “Amnesty International does not have all the facts, they don’t run this country, they shouldn’t know beyond what they have been told. They shouldn’t know more than you and I should know as media people as watchers of developments.” When probed further as to whether the President approved the military action in Lekki as the commander-in-chief, Mr Adesina said he would not want to undermine the work of the panel of inquiry looking into the matter ...
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NEWS

Daily watch – More audits for NNPC, Edo gets help on rubber

The Nigerian National Petroleum Corporation is set to carry out ...
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Daily Watch – Investors get cold feet over power, Petrol price weighs on inflation

Investors are getting cold feet in their acquisition of seven ...
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Daily Watch – TSA can increase government revenues by 20%, Ford Ranger to be assembled in Nigeria

According to analysts, the directive of President Buhari to compel ...
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Daily Watch – IHS gets more Etisalat towers, Mortgage company to raise more capital

Etisalat Nigeria has completed the transfer of 555 telecom towers ...
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Daily Watch – Government monies centralised, Allocations jump 32%

All Federal Government Ministries, Department and Agencies have been mandated ...
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Daily Watch – Sukuk recommended for Nigeria, Afren investors may lose investments

Standard and Poors, the ratings agency, is recommending that Sukuk ...
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Daily Watch – Concerns over health of banks, Azura Thermal Plant gets green light

There is growing concern over the rise in banks' non-performing ...
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Daily Watch – NNPC gets new boss, Medview goes to London

President Muhammadu Buhari has approved the appointment of Dr. Emmanuel ...
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Daily Watch – Buhari asks Planning Commission to prioritise capital expenditure, Modular building arrives Nigeria

The Presidency has announced that President Muhammadu Buhari aims to ...
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Daily Watch – Import waivers causing harm, Cement production to ramp up

Some of the tax incentives offered to encourage Foreign Direct ...
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Daily watch – Eni looking to leave Nigeria, Dangote gets American training

Eni SpA, Italy’s largest oil company is considering selling part ...
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Daily watch – Refineries coming back online, Reps to force multinationals to list on Exchange

The Port Harcourt and Warri refineries have started preliminary production ...
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Daily Watch – Customs moves against rice importers as CBN makes cash available to farmers

The Nigeria Customs Service has sealed the warehouses and business ...
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Daily Watch – Foreign debt rises, Insurance industry grows

Nigeria's foreign debt for half-year 2015 has risen by 10%, ...
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Daily Watch – State loans to be restructured, Gold refinery coming up

The Central Bank of Nigeria (CBN) has approved a restructuring ...
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Daily Watch

US$2.67 billion of fresh capital flowed into Nigeria's economy in ...
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Manufacturers in the Food, Beverage, and Tobacco industry are warning ...
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Telecom companies operating in Nigeria are seeing an upsurge in ...
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Global ratings firm Standard & Poor's has said Nigeria cannot ...
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A deal was reached between negotiators representing six world powers, ...
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Daily Watch

President Muhammadu Buhari on Monday, instructed the NNPC to review ...
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The Department of Petroleum Resources has blamed the unending scarcity ...
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The naira fell to a new low of 235 to ...
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Daily Watch

Deposit Money Banks (DMBs) in Nigeria reported 10,612 fraud cases ...
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