Economy and Business
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“Tinubu’s certificate scandal may chase investors from Nigeria” – APC chieftain raises concerns
A chieftain of the ruling All Progressives Congress (APC) has raised concerns over the certificate scandal President Bola Tinubu is…
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Lamentations galore for Nigerians as food, transport prices spike to record 18-year high
The prices of major food items such as maize, milk and plantain have almost doubled within 12 months, leading the…
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“Nigeria’s economy will pick up in 15 months” – Shettima declares
Vice President Kashim Shettima has expressed President Bola Ahmed Tinubu’s determination to provide the enabling environment for businesses to thrive…
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More job loses, factory closures imminent as diesel price hits N1,100 per litre
There are strong indications that more manufacturing companies and businesses in Nigeria may shut down following the energy crisis which…
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CBN: I’ll abandon Emefiele’s policies – Cardoso tells Senate
The new governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has disclosed that he will need to abandon…
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JUST IN: CBN governor, Cardoso, 4 deputies assume office pending Senate confirmation
The newly-nominated Chief of the Central Bank, Yemi Cardoso, and four deputies have assumed their duties today. However, the Senate…
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BREAKING: CBN postpones interest-rate meeting scheduled for next week
The Central Bank of Nigeria (CBN) has postponed its next monetary policy committee meeting scheduled for next week. The meeting…
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BREAKING: Exchange rate crashes to record low of N983/$1
The exchange rate between the naira and the dollar plunged to a record low of N983/$1 at the black market.…
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‘I was targeting new record when Tinubu sacked me’ – Former FIRS chairman
Former chairman of the Federal Inland Revenue Service (FIRS), Muhammad Nami, has reacted to his recent sack by President Bola…
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DMO raises concerns as Nigeria’s debts hit N87.4 trillion
The Debt Management Office (DMO) has raised concerns over Nigeria’s increasing debt profile. According to the DMO, Nigeria’s total public…
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BREAKING: Fidelity Bank fully acquires Union Bank UK
Fidelity Bank Plc has announced the completion of the acquisition of a 100% stake in Union Bank Plc UK. This…
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Tougher times ahead as OPEC predicts hike in fuel, diesel prices
There are strong indications of an imminent increase in the price of fuel following predictions of tighter supply by the…
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Nigerian govt continues clampdown on loan apps, delists 37 illegal operators
The Nigerian government, through the Federal Competition and Consumer Protection Commission (FCCPC), has continued its clampdown on illegal loan apps…
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DSS arrests deputy CBN gov over $300 million fraud
The Department of State Services (DSS) has arrested and detained Ms Aisha Ahmad over allegations of fraud. Ms Ahmad is…
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BREAKING: Petrol pump price set to rise as crude oil prices surge past $90 a barrel
Oil prices have reached their highest level since 2014, as Saudi Arabia announced that it will maintain its voluntary production…
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JUST IN: Nigerian banks to embark on two-day nationwide strike from Tuesday
Nigerian banks have issued a notice to embark on a two-day nationwide strike. The banks said financial services would be…
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Nigeria’s economy last appeared stable during Jonathan’s administration – Wale Edun
Olawale Edun, Minister of Finance and Coordinating Minister of the Economy, has stated that Nigeria’s economy last appeared stable about…
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Good news as Nigerian stocks hit highest level ever
Nigerian stocks on Tuesday attained their summit level as the all-share index, which measures the overall performance of equities, climbed…
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‘Nigeria will invest more rather than borrowing,’ says Finance minister
The Federal Government says it has no intention to borrow from any local or foreign organisation with its removal of…
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BREAKING: Nigeria’s unemployment rate drops to 4.1%
An emerging report from the National Bureau of Statistics (NBS) states that Nigeria’s unemployment rate dropped to 4.1 per cent…
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