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Food, Transport Costs Rocket in Nigeria Before Christmas

Rising food and transport costs are threatening Christmas celebrations for many Nigerians.
News

Competition Is Rising, Petrol Price Drops Below N900

Fuel dips below N900 as relief to end consumers comes from competition and reforms.

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Business

Nigeria’s $1-Billion Iron Ore to Steel Partnership with China: A Blessing or Economic Pitfall?

Nigeria’s $1 billion steel deal with China holds promise for industrial growth but also poses risks of debt and dependency. Learn the potential benefits and drawbacks.
Business

How the 9-percent Increase in VAT Revenue Affects Nigerian Households and Businesses

Nigeria's VAT revenue rose by 9% in Q2 2024, a promising sign for government revenue. However, everyday Nigerians face increasing hardships due to inflation and rising costs
Business

Nigerian Students Demand Reversal of New N50 Transfer Fee

NANS demands the government reverse a new N50 fintech transfer levy, arguing it adds to financial struggles faced by students
Business

Dangote Says It Will Change Face Of Fuel Market In Nigeria Through Refinery

Let alone the new launched Dangote Refinery will eventually bring about more decent petrol price in Nigeria, it is high time to pay more attention to the petrol pricing which has a bearing on the entire Nigerian economy
Business

Nigeria Officially Embraces Cryptocurrency, Grants Approvals to Operators

Nigeria grants official approvals to crypto operators, marking a significant shift in its financial operations.
Business

NUPRC Blocks Shell’s $1.3 Billion Onshore Asset Sale to Renaissance

NUPRC blocks Shell's asset sale to Renaissance, raising questions about compliance and environmental concerns in Nigeria's oil sector.
Business

Leaked Documents Reveal Seyi Tinubu Co-Owned Offshore Company with Chagoury

Leaked documents reveal Seyi Tinubu co-owned an offshore company with Ronald Chagoury Jr., sparking concerns over a $13 billion contract.
Business

Tinubu Committee and Dangote Refinery Agree on September Petrol Rollout

Nigeria's government and Dangote Refinery agree on September petrol rollout, shifting crude oil sales to naira.
Business

NNPC Pledges 221,000 BPD to Finance $6.6 Billion Debt

NNPC pledges 221,000 bpd to service a $6.6 billion debt, aiming to stabilize Nigeria’s energy sector and meet financial obligations.
Business

Nigeria to Issue $500M Bond as Capital Importation Data Awaits Release

Nigeria will auction its first $500 million domestic dollar bond as the NBS prepares its Q2 2024 capital importation report.
Business

Nigeria’s Inflation Slows for the First Time in 19 Months

Nigeria’s inflation rate slows after 19 months of increase, offering brief relief but ongoing economic challenges remain.
Business

Nigeria’s Economic Activity Drops for 13th Straight Month in July

Nigeria's economic activity contracts for the 13th month, as rising costs and declining employment continue to hinder growth.
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News

Food, Transport Costs Rocket in Nigeria Before Christmas

Rising food and transport costs are threatening Christmas celebrations for many Nigerians.
News

Competition Is Rising, Petrol Price Drops Below N900

Fuel dips below N900 as relief to end consumers comes from competition and reforms.
News

Nigeria Needs $20 Billion Annually to Hit 2027 Growth Goals

Nigeria needs $20 billion yearly for 6.3% economic growth by 2027, says Wale Edun. Increased tax revenue is essential.
Politics

Yahaya Bello Released After Meeting Bail Conditions

Former Kogi State Governor Yahaya Bello was released from custody after meeting N500 million bail conditions set by FCT court.

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