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Nigerians consume $500m imported palm oil annually

“In the early 1960s before the oil boom, Nigeria was exporting oil palm, but after that oil boom, we started importing and all forms of oil palm are finding their way to the Nigerian market,”

Saudi Arabia and Russia in tight race to become China’s top oil supplier in 2020

The volume of Saudi crude arriving in China in November is expected to hit between 2.13 and 2.24 million barrels per day, compared with a record high of 2.1 million to 2.14 million bpd in May, estimates from the three companies showed. That would be nearly double their volume estimates for October.

Exclusive: Gold market authority threatens to blacklist UAE and other centres

The UAE has more than 10 gold refineries. None are certified by the LBMA and most lack any accreditation of their gold sourcing policies.

IBEDC to roll out mass metering programme free of charge

‘’Part of the objectives also includes the elimination of estimated billing, improving network monitoring capability and strengthening the local content in meter manufacturing in Nigeria.”

Blocking Taiwan at WHO will increase hostility to China, premier says

"This is not only suppressing Taiwan, it is in fact also damaging to the whole world, creating a rupture in pandemic prevention," Su added. "What China has done will only cause more and more countries and people to stand up and condemn them."

#EndSARS protests: Insurers to assess assets lost by Lagos govt

“This is possible because the state government had proactively insured state assets as part of its risk management measures.”

Okonjo Iweala: Buhari in video conference with President of European council

during the conference were issues bordering on debt relief for Africa, EU-African relations and recharge of the Lake Chad, which has currently shrunk to less than one-third of its usual size, and throwing about 130 million people who depend on the Lake into dire straits

Apple’s late iPhone launch temporarily wiped $100 billion off its stock value

By Stephen Nellis The late launch of new 5G phones caused Apple Inc's AAPL.O customers to put off buying new devices, leading...

Apple stock pulled down by weak iPhone sales, China

"5G is a once-in-a-decade kind of opportunity. And we could not be more excited to hit the market exactly when we did," Cook said. "At least in the U.S., the carriers are being very aggressive."

NNPC, IPMAN allay fears over fuel scarcity, caution against panic buying

“People should not fear and embark on panic buying as there is enough fuel on ground."

FG/CAC launches free business names registration for MSMEs

Federal government urged all interested Micro and Small Entrepreneurs, Artisans, Craftsmen/Women (one or more persons) that are yet to formalise their businesses should take advantage of this rare opportunity.

U.S. agency needs new powers to protect local news industry: Senator

The chief executives of Facebook (FB.O) Twitter (TWTR.N) and Alphabet-owned Google (GOOGL.O) will testify Wednesday at a Senate Commerce Committee hearing that is expected to discuss their impact on local journalism.

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ODB@54: A toast to a selfless leader

Prince Dotun Babayemi, a selfless leader and philanthropist, a Barrister and Solicitor of the Supreme Court of Nigeria since 1990, he...

It is questionable to call Nigeria a united nation, says Jonathan

"If you go to the Southwest, the same thing. If you go to the Southeast, the same thing. That shows clearly that as a nation, we are in trouble. The unity of the country is questionable."

US removes visa fees for Nigerian applicants

“The ministry of foreign affairs wishes to inform that the United States government has removed all visa reciprocity fees for Nigerian citizens seeking visas to the United States,”

Moscow starts mass COVID-19 vaccination with its Sputnik V shot

The age for those receiving shots is capped at 60. People with certain underlying health conditions, pregnant women and those who have had a respiratory illness for the past two weeks are barred from vaccination.