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US seizes Nigerian-owned supertanker over alleged crude theft

US forces seized a Nigerian-owned supertanker over alleged crude theft as experts raise concerns about Nigeria’s maritime oversight.
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Owo Priest Recounts How Attackers Killed Over 40 Worshippers in Court Testimony

A priest recounted how gunmen and explosives tore through his Owo parish, leaving more than 40 worshippers dead and many injured.
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Manufacturers Shun Bank Loans Over High Interest Rates

Nigerian manufacturers cut bank loans 20.3% and finance costs 52.8%, citing high interest rates and shifting to equity.
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Economy: Experts Question Federal Government’s Positive Assessment

Analysts say Nigeria’s economic gains are largely on paper, with macro improvements yet to translate into real relief for citizens. Experts urge targeted reforms for inclusive growth.
News

7 Ways People Waste Money Without Noticing

People often lose money through unnoticed daily habits. These seven common financial leaks quietly weaken budgets and increase monthly pressure.
News

Dangote’s Fortune Slips Below $30 Billion as Cement Shares Fall

Dangote’s wealth dips below $30 billion as cement shares fall on investor caution and Nigeria’s new capital gains tax.
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CANMPEF Warns Inflation, Taxes Threaten Industrial Growth

CANMPEF warns inflation, taxes, and forex issues threaten Nigeria’s industrial stability despite modest growth in 2024.
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Nigerians to Pay Nearly N1 Trillion More for Petrol as 15% Import Tariff Takes Effect

Nigeria’s new 15% fuel import tariff will add nearly N1 trillion yearly to petrol costs for consumers nationwide.
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Dangote Plans $5 Billion Lagos Refinery Expansion To Boost Fuel Supply

Aliko Dangote plans to raise $5 billion to expand his Lagos refinery and boost Nigeria’s energy supply.
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Dangote’s Net Worth Nears $30 Billion as Fortune Hits $29.8B

Aliko Dangote’s net worth climbs to $29.8 billion, driven by gains in his cement and refinery ventures as he edges closer to the $30 billion mark.
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World Bank: 139 Million Nigerians Still Trapped in Poverty

The World Bank urged Nigeria to channel reform gains into real welfare improvements, as 139 million citizens still live in poverty.
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Nigeria’s $92 Billion Lithium Boom Leaves Local Investors Struggling

Nigeria’s $92 billion lithium industry is dominated by foreign companies, leaving local investors sidelined in the race for green energy profits.
Politics

Tinubu Calls for Productivity Push in Independence Day Speech

Tinubu urges Nigerians to produce more, backing reforms that he says will build a stronger, self-reliant economy despite current hardship.
News

The Silent Billion-Dollar Hustle: How Nigerian Market Women Sustain Africa’s Food Security

KEY POINTS Nigeria’s 15 million market women move 70% of the nation’s food, generating...
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News

US seizes Nigerian-owned supertanker over alleged crude theft

US forces seized a Nigerian-owned supertanker over alleged crude theft as experts raise concerns about Nigeria’s maritime oversight.
News

Owo Priest Recounts How Attackers Killed Over 40 Worshippers in Court Testimony

A priest recounted how gunmen and explosives tore through his Owo parish, leaving more than 40 worshippers dead and many injured.
News

Sanusi Faults Political Elite for Turning Public Office Into Family Property

Sanusi accused Nigeria’s political class of turning public office into personal property and urged young citizens to push for national reform.
News

Asian Shares Gain on Fed Rate-Cut Hopes

Asian stocks rise as investors build confidence around potential Fed rate cuts, lifting major regional indexes and improving overall market sentiment.

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