Nigeria’s headline inflation rate has been tipped to hit 30% by December 2023, global financial advisory…
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$51bn debt: FG rues dwindling revenue, Reps condemn needless loans, contracts
The Federal Government has described as worrisome the rise in public expenditure amid dwindling revenue accruals.…
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NNPCL working with NEITI, others to reconcile NEITI’s 2021 report
The Nigerian National Petroleum Company Limited (NNPCL), says it is collaborating with the Nigeria Extractive Industries…
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Nigerian govt targets $2.5tn trade, 350m jobs from blue economy
The proper harnessing of the potential of the Blue Economy will result in the generation of…
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Forex gains: Banks’ profits balloon by 156% to N2.3trn
Banks have recorded another round of extra-ordinary profits against the backdrop of foreign exchange revaluation gains arising…
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CBN Begins Clearance Of $10bn Forex Backlogs Of Foreign Airlines, Others
The Central Bank of Nigeria (CBN), has started clearing over $10 billion foreign exchange backlogs of commercial banks…
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Cadbury Nigeria records N4.3 billion pre-tax profit in Q3, 2023
FMCG company, Cadbury Nigeria Plc recorded a pre-tax profit of N4.30 billion in Q3 2023, a…
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Obasanjo urges FG to ban Chinese Adire, train local producers
Former President Olusegun Obasanjo has urged the Federal Government to ban importation of Chinese adire into…
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Reps Summon CBN Governor Cardoso Over Lifting Forex Ban On 43 Items
The House of Representatives has summoned Central Bank of Nigeria (CBN) Governor, Yemi Cardoso, to explain…
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Naira slumps further to 1190 per dollar as Nigerians groan over rising cost of food, cooking gas and others
The naira has maintained its downward trend after commencing trading at 1,175/$ and closed at 1,190/$…
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