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NUJ Condemns DSS Attack on Journalists at Edo Election Tribunal

The NUJ condemns DSS operatives attack of journalists covering Edo Election Tribunal as assault on press freedom and democracy.
News

World Bank Debars Nigerian Companies, CEO Over Fraudulent Practices

The World Bank has banned a 30-month ban on Viva Atlantic Limited, Technology House Limited and their CEO for fraudulent practices related to the Nigeria’s Social Safety Nets Project.
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.
News

CBN Sells $876M at N1,495 in Retail Forex Auction Amid Naira Volatility

The Central Bank of Nigeria has sold $876.26 million at N1,495 per dollar in its latest retail forex auction to stabilize the naira amidst economic pressures.
News

Nigeria’s Economic Woes: Poor Diversification, Excess Liquidity Cited by CBN

CBN Governor Yemi Cardoso attributes Nigeria's economic woes to poor diversification and excess liquidity, raising interest rates to combat inflation.
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NNPC Holds 7.2% Stake in Dangote Refinery, Not 20%: Dangote

Aliko Dangote reveals that NNPC holds a 7.2% stake in the Dangote Refinery, correcting earlier reports of a 20% stake and highlighting the project's significance.
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Dangote Refinery Set to Resolve Nigeria’s Forex’s Crisis – S&P Global

S&P Global reports Dangote Refinery could significantly stabilize Nigeria's forex issues and spur economic growth.
News

CBN Reforms Boost Investment to Four-Year High

CBN reforms have driven investment inflows to a four-year high in Nigeria, signaling positive economic growth and enhanced investor confidence.
News

IMF Urges Nigeria to End Electricity Subsidies

The IMF warns Nigeria against unsustainable fuel and electricity subsidies, highlighting the need for fiscal discipline to tackle the nation's economic challenges.
News

Atiku Accuses Tinubu of Conflicts of Interest Over Son’s Business Ties

Atiku Abubakar claims Bola Tinubu's son's board position reflects a conflict of interest influencing major governmental projects.
News

Tinubu Launches Bold Plan to Revive Nigeria’s Economy

In an assertive move to bolster Nigeria's economy, President Bola Tinubu has unveiled a...
News

Naira Soars Below N1,600: A Glimmer of Economic Hope

The Nigerian Naira is showing promising signs of recovery, with its value appreciating to...
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News

NUJ Condemns DSS Attack on Journalists at Edo Election Tribunal

The NUJ condemns DSS operatives attack of journalists covering Edo Election Tribunal as assault on press freedom and democracy.
News

World Bank Debars Nigerian Companies, CEO Over Fraudulent Practices

The World Bank has banned a 30-month ban on Viva Atlantic Limited, Technology House Limited and their CEO for fraudulent practices related to the Nigeria’s Social Safety Nets Project.
News

Trump’s Energy Policies May Affect Nigerian Exports, Revenue

Trump U.S. energy policy shifts could reduce Nigerian crude oil exports, cash flow. They are calling for domestic refining investments.
Business

The Gig Economy in Nigeria: Opportunities and Challenges for Freelancers

Nigeria's gig economy empowers freelancers with income opportunities, skill development, and independence, while challenges like earnings volatility and digital gaps persist.

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