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Obidient Movement accuses APC after police scrap N20 million Obi-Kwankwaso rally in Akwa Ibom

Akwa Ibom police have canceled a two-million-man march for Peter Obi and Rabiu Kwankwaso in Uyo, with the NDC saying it lost N20 million mobilizing supporters.
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Nigerian public servants begin three-day warning strike, demand N500 petrol and new minimum wage

Nigeria's Joint National Public Service Negotiating Council has begun a three-day warning strike from Oct. 2 to 4, demanding N500 petrol and a new minimum wage.
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Nigeria’s Rusty FX Market Struggles to Rebound

Nigeria’s FX market faces ongoing challenges, with liquidity shortages and volatility threatening economic recovery despite government interventions.
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.
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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.
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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.
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Tinubu Launches Bold Plan to Revive Nigeria’s Economy

In an assertive move to bolster Nigeria's economy, President Bola Tinubu has unveiled a...
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Obidient Movement accuses APC after police scrap N20 million Obi-Kwankwaso rally in Akwa Ibom

Akwa Ibom police have canceled a two-million-man march for Peter Obi and Rabiu Kwankwaso in Uyo, with the NDC saying it lost N20 million mobilizing supporters.
News

Nigerian public servants begin three-day warning strike, demand N500 petrol and new minimum wage

Nigeria's Joint National Public Service Negotiating Council has begun a three-day warning strike from Oct. 2 to 4, demanding N500 petrol and a new minimum wage.
News

From Ifangni to Ilasamaja: How a 10-year-old “tiling apprentice” ended up mixing cement instead of going to school

A 10-year-old from Benin Republic works and sleeps on a Lagos construction site, showing how poverty, migration and informal apprenticeship push children out of school.
News

Why nutritionists say Nigerians should stop boiling eggs and rice in the same pot

Nigerian dietitians warn that boiling unwashed eggs with rice in one pot can transfer Salmonella and E. coli from the shells to the grains, risking foodborne illness.