Economy
FG to Sanction Trade Associations for Anti-Competitive Practices and Food Price Hikes.
In a bid to address the issue of anti-competitive practices and the arbitrary increase in food prices, the Federal Government...
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Nigeria’s Economy at Risk: UK’s Naira Deal Sparks Liability Concerns and Sky-High Interest Rates
The recent decision by Britain's export finance agency to add the Nigerian naira to its list of "pre-approved currencies" marks...
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Britain to add Nigeria’s naira to list of accepted trade currencies.
In a move signaling its commitment to bolstering trade ties with Nigeria, Britain's export finance agency has announced the inclusion...
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NNPC Increase Pump price to N617 Per Litre Amidst Economic Hardship
The Nigerian National Petroleum Company Limited (NNPCL) has recently taken a surprising and concerning step by announcing a significant increase...
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Identifying the Factors Behind Nigeria’s Petrol Inflation Surge.
The inflation figures for Nigeria in June 2023 recorded a slight increase compared to the previous month. This rise can...
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Petrol Consumption Reduced to 46.34 Million Litres per Day Following Subsidy Removal- NMDPRA.
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has announced that the country's daily petrol consumption figure now stands...
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Nigeria’s Inflation Reaches 18-Year High, Government Implements Reforms to Tackle Rising Costs
Nigeria is facing its highest inflation rate in 18 years, with reports indicating that it reached approximately 24 percent in...
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Just in: Nigeria’s Inflation Rate Rises to 22.79% in June 2023.
According to the recently released Consumer Price Index report by the National Bureau of Statistics (NBS), Nigeria's inflation rate climbed...
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Exploring Nigeria’s Rising Debt: The Impact of Federal Government Borrowing from the Central Bank
Nigeria's fiscal management has been under scrutiny in recent years, and concerns about the country's rising debt levels have been...
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NNPC Aims to Increase Oil Production to 1.7 to1.8 Million Barrels per Day by 2024.
Nigeria's national oil company, the Nigerian National Petroleum Company Limited (NNPC), is eyeing several oil blocks and fields in the...
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Popular Story
FG Introduces Green Tax on High-Engine Vehicles from July 1 to Promote Cleaner Transport
FG Takes Governors to Supreme Court Over Local Government Allocations
Interpol, Kenya Government Probe Three Nigerian Fintech Tycoons over N128 Billion from Nigeria
Nigerian Breweries Warns of FX Risks and Higher Inflation from Middle East Instability
Naira Softens at N1,351 Against Dollar as Parallel Market Premium Widens
