Naira Depreciates to N1,495.60 Against Dollar
The Naira further weakened against the U.S. dollar on Monday, February 3, 2025, closing at N1,495.60 in the official market. According to data from the FMDQ…
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Business
Business is one of the major aspect of livelihood that deals with official settings and the activities involved in that space. This deals with commercial activities that characterizes the day-to-day activities of a working citizen of a country. This category gives insight into things an individual are expected to do in the working environment and what not to do.
Manufacturers Face Inflation, Low Demand, and High Costs
The President of the Manufacturers Association of Nigeria (MAN), Francis Meshioye, attributed the situation to rising inflation and the reduced purchasing…
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NNPCL Uncovers 179 Oil Theft Cases in a Week
The Nigerian National Petroleum Company Limited (NNPCL) has reported uncovering 179 incidents of crude oil theft between January 11 and 17, 2025, underscorin…
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NNPCL Raises Petrol Prices Rates in Lagos And FCT
The Nigerian National Petroleum Company Limited (NNPCL) has announced a rise in petrol prices. In the Federal Capital Territory (FCT), the price has gone…
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Nigeria’s Debt Rises to N142 Trillion Amid Rising Inflation
As of September 30, 2024, Nigeria’s total public debt reached N142.3 trillion, reflecting a 5.97% increase from N134.3 trillion in June 2024. This rise was…
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NCC Approves 50% Increase in Call and SMS Tariffs
The Nigerian Communications Commission (NCC) has approved a 50 percent increase in call tariffs, raising the average cost of calls from N11 to N16.5 per…
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World Bank Bans Two Nigerian Firms Over Corruption
The World Bank has banned two Nigerian companies, Viva Atlantic Limited and Technology House Limited, along with their CEO, Mr. Norman Didam, for 30 months…
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Experts Highlight Key Actions to Reduce Inflation in Nigeria
Economic experts believe that stronger efforts to implement policies aimed at increasing food production and addressing business challenges can stop rising…
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BCAN Backs CBN’s Penalty On Banks For ATM Cash Shortages
The Bank Customers Association of Nigeria (BCAN) has supported the penalties imposed by the Central Bank of Nigeria (CBN) on banks that failed to ensure…
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Asian Markets Recover Despite Trump’s Trade Policy Risks
Asian markets showed signs of recovery on Tuesday, helped by a rally in tech stocks on Wall Street. Investors remain cautious, however, as they try to…
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