Economy
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Harsh economy forces shutdown of more than 50 firms in Nigeria •Over 100,000 workers thrown into job market
Over 50 firms in the chemical and non-metallic products sub-sector of the nation’s economy are in a dilemma as multinationals,…
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Unlocking New Revenue Streams for Lagos: Modo Ante announces Eko Revenue Plus Summit
Modo Ante, a pioneer Governance, Public Sector, and Political Consultancy, has announced the Eko Revenue Plus Summit, scheduled to take…
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Hardship: Cost of living in Nigeria skyrockets in one month
The national average cost of a healthy diet increased to ₦1,241 in June 2024. This was revealed by the…
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FG spends $600 million on fuel importation monthly – Finance Minister Edun
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has revealed that the country currently spends $600…
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FG rules out fuel subsidy return amid protests, says ‘There’s no budget allocation’
The Nigerian Government has ruled out the return of fuel subsidies amid the hunger protests. The Minister of Finance,…
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Nigeria’s public debt stock may hit N130trn by December – Report
Nigeria’s public debt stock is projected to hit N130tn this year, raising concerns about the country’s debt-to-gross domestic product ratio.…
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FG to save $7.9bn annually from sale of crude oil to Dangote, others
The Federal Government is hoping to save about $7.92 billion annually from the sale of crude oil to the nation’s…
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CBN sells another US$148million to authorised dealers
The Central Bank of Nigeria (CBN) sold a cumulative amount of US$148,000,000.00 (One Hundred and Forty-Eight Million United States Dollars)…
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Nigeria’s debt service crashes, revenue rises – Finance Minister Edun
The Minister of Finance, Wale Edun, says the Federal Government has recorded significant strides in its fiscal management, with a…
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CBN continues rates tightening, raises interest rate to 26.75%
THE Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday raised the country’s baseline interest rate…
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