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Nestoil pays further $40 million to lenders after EFCC intervention

The Economic and Financial Crimes Commission (EFCC) intervention in the debt settlement dispute between local energy firm Nestoil Limited and a conso…

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Abandoned projects waste of taxpayers’ money — NRS chairman

The Executive Chairman of the Nigeria Revenue Service (NRS), Zacch Adedeji, has described abandoned government projects as a waste of taxpayers’ mone…

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business

Transcorp posts 18% drop in nine-month profit as revenue shrinks

Transnational Corporation Plc (Transcorp) logged a 17.9 per cent fall in net profit for the first nine months of the year as revenue and other income…

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Anthropic's record IPO faces some big questions

No startup has ever grown so fast. In five years, Anthropic has become an AI giant valued at $1 trillion, and it is now aiming for a record-breaking …

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