Business
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Oil Price Falls to $73.5 Per Barrel, Threatening 2025 Budget Revenue
The price of Nigeria’s Bonny Light crude oil has fallen by 10.6%, dropping from $84.02 per barrel on January 15...
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CBN Increases Interest Rate to 27.50%
The Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR) to 27.50% from 27.25%, marking the sixth...
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Nigeria Climbs to Sixth Place on Africa Visa Openness Ranking
Nigeria has been ranked sixth among 54 African countries in the 2024 African Visa Openness Index (AVOI) report, jointly released...
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Tinubu guarantees stability in the oil sector with naira-based crude transactions
On Tuesday, President Bola Tinubu praised the Implementation Committee for their work on the Naira-based sales of crude oil and...
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Maiduguri Airport Set for International Flights Starting January – Keyamo
The Minister of Aviation and Aerospace Development, Mr. Festus Keyamo, has announced that the Muhammadu Buhari Airport in Maiduguri, Borno...
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Dangote Refinery to Receive 24 Million Barrels of Crude Oil in October and November
In a major development, the Federal Government and Dangote Refinery have agreed to pay for crude oil supplied to the...
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MPC: Cardoso Explains Interest Rate Hike
The Governor of the Central Bank of Nigeria, Mr. Olayemi Cardoso, announced that the bank has once again increased the...
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FG and Dangote Finalize Petrol Supply Deal, Lifting Starts Tomorrow.
The Federal Government announced on Friday that petrol supply from the Dangote Refinery will commence tomorrow after finalizing agreements on...
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FAAC Disbursements Surge by 149% to N13.7 Trillion in 7 months
In a remarkable development, the Federation Account Allocations Committee (FAAC) disbursements to the Federal Government, 36 states, and 774 local...
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The SEC Has Issued an “Approval in Principle” To Two Crypto Firms.
The Securities and Exchange Commission (SEC) has granted "Approval-in-Principle" to two Digital Assets Exchanges, allowing them to begin operations under...
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