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Business

Forex shock will swallow tariff cut on car prices, stakeholders warn

Nigerian car prices will not drop despite FG's tariff cut from 70 to 40 percent because forex, logistics and port costs dominate vehicle landing prices.
News

FMDA forecasts 16.42 percent April inflation in Nigeria

FMDA projects Nigeria's headline inflation to rise to 16.42 percent in April from 15.38 percent in March as food and fuel prices climb.

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Business

Forex shock will swallow tariff cut on car prices, stakeholders warn

Nigerian car prices will not drop despite FG's tariff cut from 70 to 40 percent because forex, logistics and port costs dominate vehicle landing prices.
News

FMDA forecasts 16.42 percent April inflation in Nigeria

FMDA projects Nigeria's headline inflation to rise to 16.42 percent in April from 15.38 percent in March as food and fuel prices climb.
News

NEITI flags rising illicit financial flows in Nigeria’s mining sector

NEITI said weak regulation, illegal mining and opaque ownership are driving illicit financial flows in Nigeria's solid minerals sector.
Politics

Mamman jailed 75 years for N33.8bn power fraud, sentenced in absentia

The Federal High Court sentenced former Power Minister Saleh Mamman to 75 years in absentia over N33.8 billion fraud tied to hydroelectric power projects.