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Nigeria’s Central Bank to Automate FX Trades from December

The Central Bank of Nigeria is set to automate foreign exchange trades by December 2024. This move could enhance transparency, stabilize the naira, and boost investor confidence in Nigeria’s economy.

Nigerian Student Breaks Record for Longest Catwalk

Ololade Ayelabola sets a new world record for the longest catwalk, covering 130.62km to elevate Nigeria's fashion industry on the global stage.

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President Tinubu: Nigeria Will Pay What It Can Afford in Minimum Wage

Nigerian President Bola Tinubu emphasizes that the country will adhere to a minimum wage that aligns with its economic capabilities, stressing a balanced approach to wage adjustments amid economic challenges

Kidnappers Demand N20M for Retired School Principal

A retired school principal was kidnapped from his home in Akwa Ibom, with his abductors demanding a N20 million ransom, leading to widespread concern and police action.

Nigeria Cuts Electricity Subsidy to N1 Trillion, Increases Tariffs

Nigeria reduces electricity subsidy from N3 trillion to N1 trillion by increasing tariffs, aiming to improve economic stability and energy affordability.

Nigerian Democracy at 25: A Journey of Highs and Lows

As Nigeria marks 25 years of democracy, the journey has been a mix of significant progress and persistent challenges, reflecting the dynamic nature of the country's democratic evolution.

Government Subsidizes CNG Vehicle Conversions

Nigeria's government unveils a program to subsidize CNG vehicle conversions to tackle air pollution and promote cleaner energy in the transport sector. The initiative targets road transport unions and aims to convert one million vehicles by 2027.

Gen Z Heavily Depends on Parents for Job Search

A recent survey reveals that most Gen Z job seekers depend on their parents for help with job searches, interviews, and communication.

Nigeria’s Government Fails to Lift Import Levy Amid Rising Medical Costs

Despite rising medical costs, Nigeria's government has not lifted the import levy on medical supplies, causing financial strain on healthcare providers and patients.

Unilorin Adds Self-Defense Training to Student Skillset

The University of Ilorin (Unilorin) in Nigeria is taking a unique approach to student safety by introducing self-defense and combat training as a vocational course. This initiative comes amid growing safety concerns and aims to equip students with the skills to protect themselves. The program is planned for future integration into the regular curriculum.

Bloodbath as Gunmen Kill 11 in Taraba-Benue Border Communities

Unidentified gunmen have killed 11 people in a violent attack on Taraba-Benue border communities, leading to increased calls for security and conflict resolution.

Beans Price Surge in Lagos, Prompts Calls for Government Action

Lagos residents demand government action as the price of beans skyrockets, making this essential protein source unaffordable for many.

Oando Makes Major Play in Nigerian Oil with $550 Million Contribution

Nigerian energy company Oando Plc secures $550 million stake in a $925 million facility for Afreximbank's $3.3 billion Project Gazelle, a landmark oil-backed financing deal for Nigeria.

Nigeria Finalizes Bid Process to Sell Five Power Plants for $1 Billion

Nigeria takes a significant step towards revitalizing its energy sector with the privatization of five power plants, aiming to attract investment and improve reliability.

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Nigeria’s Central Bank to Automate FX Trades from December

The Central Bank of Nigeria is set to automate foreign exchange trades by December 2024. This move could enhance transparency, stabilize the naira, and boost investor confidence in Nigeria’s economy.

Nigerian Student Breaks Record for Longest Catwalk

Ololade Ayelabola sets a new world record for the longest catwalk, covering 130.62km to elevate Nigeria's fashion industry on the global stage.

Nigeria Pledges 25% Cut in Post-Harvest Losses for Food Security

Nigeria commits to reducing post-harvest losses by 25%, boosting food security and jobs through the Special Agro-Industrial Processing Zones initiative.

Dangote Refinery Set to Take 400,000 Barrels of Nigerian Crude Per Day

Dangote Refinery is set to process 400,000 barrels of Nigerian crude oil per day, marking a significant step toward reducing the country’s dependence on imported refined fuel and improving energy security.