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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

Banks to Deposit Excess Dollars in CBN Lagos, Abuja Offices

CBN sets new deposit guidelines for banks to manage excess foreign currencies, aiming to stabilize the naira.
Business

NNPC’s Crude Supply Challenges Affect Dangote Refinery Project

NNPC faces scrutiny over failing to fulfill crude supply commitments to Dangote Refinery, sparking tensions with IOCs.
Business

Nigeria Advances $1 Billion Sale of Five Power Plants

Nigeria is finalizing the sale of five key power plants in a $1.15 billion deal to enhance its energy sector and economic growth.
Business

Dangote Accuses IOCs of Undermining Nigerian Refinery

Dangote accuses international oil firms of plotting against its Nigerian refinery, calling for government intervention.
Business

FG Seeks Additional $4.4 Billion Loan as Debt Hits N101 Trillion

Nigeria anticipates fresh loans totaling $4.4 billion to fund development in energy, education, and economic reforms amidst rising national debt.
Business

Rail Growth Reaches Two-Year High as Transport Sector Exits Recession

Nigeria's rail transport sector reaches a two-year high, signaling recovery from recession driven by investments and policy reforms
Business

Bravura Holdings unveils Zimbabwe’s first world-class lithium upgrade facility at Victoria Falls Mining Indaba

At the Victoria Falls Mining Indaba, Bravura Holdings announces the completion of Zimbabwe's first world-class lithium upgrade facility, enhancing beneficiation capabilities.
Business

CBN’s Naira Stabilization Efforts is Ineffective, Says Peterside

Atedo Peterside criticizes CBN’s approach to stabilizing the naira, calling for a more sustainable and market-aligned strategy as the currency hits N1500/$.
Business

Businesses brace as Telcos’ Financial Strain Imperils Network Quality

Telecommunication companies face a mounting financial squeeze, casting a shadow over the reliability of...
Business

Tuggar to Represent Tinubu at US Summit Due to Shettima’s Faulty Jet

After a technical issue with the presidential jet, Minister Yusuf Tuggar will represent President Tinubu at the 2024 US-Africa Business Summit in Dallas.
Business

Wema Bank Cracks Down on Seven Fintech Partners Over Fraud

Wema Bank has suspended seven fintech partners amid rising fraudulent activities, launching an aggressive anti-fraud campaign to safeguard customer transactions and data.
Business

GTCO Plans $750mn Rights Issue to Meet Capital Requirements

Nigeria’s Guaranty Trust Bank (GTCO) is gearing up to raise $750 million through a...
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Latest articles

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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