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Brain Drain Fears Grow as Nigerian Scientists Exit

Nigeria scientific community warns that rising migration of Nigerian scientists could weaken research capacity and slow innovation if funding and policy reforms stall.
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Naira Gains N11 at Official FX Market

The naira strengthened at the official market, gaining N11 as improved liquidity and steady inflows supported confidence in Nigeria currency outlook.
News

Lagos Shuts Ojota Chemical Market Over Fire Safety Dispute

Lagos shuts Ojota Chemical Market over fire safety rules, leaving traders counting heavy losses as Nigeria battles fragile economic recovery.
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Nigeria at 65: How Oil Mismanagement Stalled Industrial Growth

Nigeria’s reliance on crude oil revenue derailed manufacturing growth, leaving the nation dependent on imports and facing deep economic struggles.
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Cleric Says Nigeria’s Economic Struggles Mirror Global Crisis

Pastor Samuel Oladele says Nigeria’s economic challenges part of global crisis, urging resilience, reforms, and unity to overcome hardship.
News

Muazzam Mairawani Plans $600 Million Cement Plant in Kebbi

Muazzam Mairawani plans $600 million cement plant in Kebbi to rival Dangote and Rabiu while preparing a $225 million U.S. IPO.
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Police Intensify Efforts to End Anambra ‘Sit-At-Home’

The Anambra police force has augmented their operations to stop disruptive Monday 'sit-at-home' orders and revive the local economic activities primarily in Nnewi and Ihiala.
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NYSC Members React to Increased Allowance: “₦77K is Barely Enough”

The Federal Government begins disbursing ₦77,000 to NYSC members, but many express concerns that the amount is still insufficient for today’s economy.
Business

Lagos Levies Disrupt LPG Supply As Marketers Warn Of Scarcity

Lagos state levies create disruptions in the supply capabilities of the Dangote Refinery leading to concerns about an imminent cooking gas shortage throughout the country.
News

Diaspora Remittances Surge 79 Percent To $4.18billion– Cardoso

CBN reports diaspora remittances up 79 Percent to $4.18bn in 9M’24.
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CBN: Nigeria’s Economy to Grow by 4.1 Percent in 2025

Reforms demonstrate that Nigeria's economy will generate 4.1% growth with a 15% reduction in inflation according to the CBN.
News

Dangote Explains Sales Dynamics Following Petrol Price Cut

Dangote cuts petrol price to N899, attributes it to forces of the market and commitment to Nigeria’s economy.
News

Fuel Subsidy Removal Unavoidable, Tinubu Defends

Tinubu restates no regrets on subsidy removal, says it was for recovery and fiscal discipline.
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Nigeria Earns $1.7 Billion in Taxes from Foreign Firms Over 9 Months

Nigeria's tax revenue from foreign firms surged 44% in 9M 2024, hitting N2.57 trillion, amid compliance efforts.
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News

Brain Drain Fears Grow as Nigerian Scientists Exit

Nigeria scientific community warns that rising migration of Nigerian scientists could weaken research capacity and slow innovation if funding and policy reforms stall.
News

Naira Gains N11 at Official FX Market

The naira strengthened at the official market, gaining N11 as improved liquidity and steady inflows supported confidence in Nigeria currency outlook.
News

Oil Prices Rise as Supply Risks Keep Markets Alert

Crude oil prices moved higher as traders weighed tightening supplies, geopolitical risks, and steady demand signals across major energy consuming economies worldwide.
Business

Nigerian industrialist Emmanuel Nuel Ojei dies at 74

Emmanuel Nuel Ojei, founder of Nuel Ojei Holdings, has died at 74, ending a business career defined by discipline, mentorship and long term impact.

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