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Naija247news, Nigeria

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Naija247news is an investigative news platform that tracks news on Nigerian Economy, Business, Politics, Financial and Africa and Global Economy.

Nigeria’s NNPC partners with Schlumberger for exploration

Nigeria's state oil company said on Friday it will partner with oilfield services company Schlumberger in exploration and reservoir management. The partnership aims to find...

India central bank relaxes cash withdrawal limit with immediate effect

India's central bank on Monday relaxed cash withdrawal limits from automated teller machines (ATMs) and current accounts with immediate effect. The Reserve Bank of India...

Investors turn wary as Brexit, Trump uncertainty grows

  Investors sold sterling and stocks in Europe and Asia on Monday, seeking shelter in gold and the Japanese yen as uncertainty over Britain's departure...

China will ‘take off the gloves’ if Trump continues on Taiwan, state media warns

China will "take off the gloves" and take strong action if U.S. President-elect Donald Trump continues to provoke Beijing over Taiwan once he assumes...

China to import two million tonnes of corn in 2016/2017, down 37 pct year-on-year: think tank

China will import 2 million tonnes of corn in 2016/2017, down 37 percent from the previous year, the National Grain and Oils Information Center...

Etisalat Prize for Literature Announces 2016 Shortlist

The Etisalat Prize for Literature is the first pan-African Prize that celebrates debut African writers of published book-length fiction

Warri, Kaduna refineries remain dormant record zero production in Nov 2016

Two of Nigeria’s three refineries were completely dormant in November 2016 as they could not refine a drop of crude oil throughout the period. Aside...

Oil prices will be much more volatile in 2017: IEA

Global oil prices will witness "much more volatility" in 2017 even though markets may rebalance in the first half of the year if output...

Nigeria Falls Back Fuel Subsidy Regime as PMS Landing Cost hits N145

The Federal Government has resorted to subsidy regime following an increase in the landing cost of Premium Motor Spirit, also known as petrol. This is...

Oil prices edge up on weaker dollar, expected crude output cuts

Jan 16 - Oil prices inched up on Monday, supported by a weaker dollar and expectations that OPEC and other producers will cut output...

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