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Dangote Refinery to Start Fuel Distribution Next Week

Oil marketers will begin loading petrol from the Dangote refinery next week, marking a key moment in Nigeria’s fully deregulated oil sector
News

Peter Obi warns of starvation risk for 38 million Nigerians

Peter Obi highlights Nigeria's hunger crisis, criticising government spending while calling for investment in agriculture to address inflation, unemployment, and food insecurity.
News

FG Pleads for Patience Amid Nationwide Protest Plans

The Federal Government appeals for patience and postponement of the planned nationwide protest, citing ongoing efforts to address economic hardships.
News

Tinubu Pleads with Youths to Shelve Planned Protest

President Bola Tinubu urges Nigerian youths to reconsider their planned protest over the high cost of living, assuring them that their grievances are being addressed by the government.
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Tinubu’s N100,000 Wage Blocked by Governors

The NLC Lagos Council criticizes the new N70,000 minimum wage as inadequate for Lagos workers, citing high living costs and governors' influence on the decision.
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Nigeria’s Inflation Climbs to 34.19% in June, Driven by Food Prices

Nigeria's inflation rate rose to 34.19% in June, driven by rising food prices. This significant increase poses serious concerns for the economy and citizens.
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More Naira, Less Value: Inflation Erodes ₦7.6 Trillion in Consumer Spending

Inflation in Nigeria has wiped out ₦7.6 trillion in consumer spending, highlighting severe economic challenges and declining purchasing power for households
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High Food Prices Strain Nigerians’ Incomes

High food prices in Nigeria are placing significant strain on household incomes, exacerbating economic challenges across the country.
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Tinubu Dedicates Key Abuja Road to Nobel Laureate Soyinka

President Bola Tinubu honors Nobel Laureate Wole Soyinka by renaming a key road in Abuja, highlighting his contributions and the government’s commitment to cultural recognition.
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Major Shakeup at CBN: Over 90 Senior Staff Dismissed

The Central Bank of Nigeria has dismissed seven directors and over 90 senior management staff as part of a major restructuring to enhance operational efficiency and governance.
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Nigerian Senator Urges Caution in Amending CBN Act

Senator Sani Musa calls for careful consideration in amending the CBN Act, emphasizing the need to preserve the Central Bank's autonomy for economic stability.
News

CBN Cuts Duty FX Rate Again as Naira Exceeds N1500/$

CBN cuts import duty exchange rate to N1,446.281/$, marking the eighth adjustment this month amid ongoing naira fluctuations.
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Nigerian Central Bank Hikes Interest Rate to 26.25%

Nigeria’s Central Bank raised its benchmark interest rate to 26.25%, aiming to curb inflation and stabilize the economy despite potential growth impacts.
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CBN Hikes Interest Rate to 26.25%, OPS Protests

The Central Bank of Nigeria raises the MPR to 26.25%, aiming to curb inflation but sparking concerns among businesses about higher borrowing costs.
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Business

Dangote Refinery to Start Fuel Distribution Next Week

Oil marketers will begin loading petrol from the Dangote refinery next week, marking a key moment in Nigeria’s fully deregulated oil sector
News

Peter Obi warns of starvation risk for 38 million Nigerians

Peter Obi highlights Nigeria's hunger crisis, criticising government spending while calling for investment in agriculture to address inflation, unemployment, and food insecurity.
News

NNPC Deploys 100-Trucks to Dangote Refinery as Fuel Distribution Begins

NNPC has moved 100 trucks to the Dangote Refinery as fuel distribution begins, aiming to address Nigeria's fuel shortages and reduce dependence on imports.
News

Parents Struggle as Schools Raise Fees Amid Rising Costs

Parents in Nigeria are struggling to keep up as schools raise fees due to rising inflation and operational costs, forcing families to seek cheaper alternatives or cut household expenses.

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