The Dangote Refinery is set to commence petrol production in August, following the resolution of crude supply issues, marking a significant milestone for Nigeria’s oil sector.
Nigerian economy
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The Nigerian naira plummets to a record low of N1507.83 to the dollar, highlighting economic challenges and sparking concerns over inflation and cost of living.
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Nigerians celebrate Sallah amid economic hardship and rising food prices, with many families finding ways to keep the festive spirit alive through community support and prayer.
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President Tinubu’s first year marked by economic hardships and insecurity, with reforms failing to deliver promised benefits and citizens left struggling.
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Nigeria extends the PEBEC Regulatory Reform Accelerator by 30 days to finalize critical reforms, aiming to improve the business environment and attract investments.
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Nigerian labor unions’ wage demands could cost the government over N11 trillion annually, leading to intense negotiations and economic concerns
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The EFCC has directed foreign missions in Nigeria to exclusively use the Nigerian naira for all transactions, aiming to strengthen the currency and reduce dollar dependency.
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Peter Obi slams the new Cyber-Security Levy as an unreasonable financial burden on Nigerians, exacerbating the economic challenges under President Tinubu’s administration.
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Once more, the Nigerian naira has taken a significant hit, dropping at the official market to trade at N1234. This latest tumble has raised concerns among investors and stakeholders in …
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Amidst anticipation and speculation, renowned Nigerian politician and business tycoon, Bola Ahmed Tinubu, has made a decisive move by appointing Emomotimi Agama as the new Director-General of the Securities and …
