The Nigerian naira started the year 2024 on a dismal note, losing 8.23 percent of its value against the US dollar at the official market on Tuesday. According to data …
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President Bola Tinubu has signed a bill to extend the 2023 supplementary budget until March 2024, in a move to enhance the country’s security and infrastructure development. The bill, which …
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Lucky Aiyedatiwa has been sworn in as the new governor of Ondo State, following the demise of his predecessor, Oluwarotimi Akeredolu, who died at the age of 67 after a …
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Nigeria has been rocked by a series of brutal attacks by armed groups, also known as bandits, that have left hundreds of people dead and thousands homeless in the central …
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Nigeria’s central bank has lifted its restrictions on virtual assets service providers (VASPs), allowing them to operate bank accounts and offer services to customers who deal in cryptocurrencies. The Central …
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Nigeria, Africa’s largest economy, is facing a new threat to its already fragile recovery from the pandemic: the escalating violence and piracy in the Red Sea, a vital route for …
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Nigeria’s total public debt increased marginally by 0.61% to N87.91 trillion in the third quarter of 2023, according to the latest data from the Debt Management Office (DMO). The debt …
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Lagos, Nigeria’s most populous city, is set to open its second mass transit rail line in the first quarter of 2024, following the completion of several infrastructure projects associated with …
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Olubunmi Oluwaseun Kuku has been appointed the Managing Director and Chief Executive Officer of the Federal Airports Authority of Nigeria (FAAN), the agency responsible for the development and management of …
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The Nigerian Extractive Industry Transparency Initiative (NEITI) has announced that it has recovered over $3 billion from the oil and gas sector, and identified over $20 billion more in unremitted …
