Economy
Oil and Gas Marketers Challenge ‘Dollarisation’ Practices in Nigeria
The Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) raised concerns on Tuesday regarding what they described as the...
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Debunking the Fuel Scarcity Myth and Its Impact on Financial Wellness
The ongoing scarcity of certain essential commodities in Nigeria, including petroleum products and foreign currency, has sparked debates and speculations...
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HSBC pre-tax profit climbed about 78% to $30.3 billion in 2023
HSBC, Europe’s largest bank by assets, reported a full-year 2023 pretax profit of $30.3 billion, marking a 78% increase from...
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Senate to Investigate Buhari Government and Emefiele Over N30 Trillion CBN Loans
In a bid to unravel the circumstances surrounding the N30 trillion loans obtained by the Central Bank of Nigeria (CBN)...
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FG Raises Exchange Rate for Cargo Clearance to N1,605/$
In a recent development, the Federal Government, through the Central Bank of Nigeria, has once again adjusted the exchange rate...
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P2P market crosses N1800/$1 as Official Rates Settled at N1551/$
The Nigerian naira witnessed mixed fortunes in forex markets on Tuesday, February 20th, 2024, with the official exchange rate settling...
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Aso Villa, DHQ, CBN face disconnection over N47bn debt
No fewer than 86 ministries, agencies, and departments of the Nigerian government are collectively indebted to the Abuja Electricity Distribution...
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Job Seeker Decline as Self-Employment Surges Amid Tough Economy
The National Bureau of Statistics (NBS) has released its latest report on Nigeria's labour market, uncovering significant shifts in employment...
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National Protest: NLC To Shut Down Nation Over High Cost of Living Crises
Nigeria has witnessed a steady increase in food prices, exacerbating the economic challenges faced by many citizens. The situation has...
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Eu to invest €37m in Nigeria’s Power Sector
The European Union (EU) has announced a substantial investment of €37 million in Nigeria's power sector, adding to the approximately...
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