Nigeria Business
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Subsidy regime ended in February 2022 – NNPCL
The Nigerian National Petroleum Company Limited (NNPCL) on Thursday said the petroleum subsidy regime in the country ended in February…
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CBN debunks reports of naira devaluation
The Central Bank of Nigeria (CBN) has debunked reports that the apex bank devalued the naira to N631/$1 in an…
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Nigerian stocks jump at fastest pace in 2023 as investor confidence improves
Nigerian stocks accelerated at their swiftest pace so far this year on Tuesday as the main equity index rose by…
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NNPC speaks on subsidy removal, cautions against panic buying
The Nigerian National Petroleum Company Limited (NNPC Ltd) says the decision to remove subsidy on petrol, popularly called fuel, by…
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CBN issues guide on usage of SabiMONI platform
The Central Bank of Nigeria (CBN) has issued procedures on how individuals can set up a profile on the new…
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SCORECARD: How Nigeria’s oil sector fared under Buhari as petroleum minister
As the Muhammadu Buhari eight-year reign ends on 29 May, Nigerians continue to reflect on the various challenges faced in…
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Price of 5kg cooking gas up 22.15% in one year – NBS
The average price of refilling a five-kilogramme cylinder of cooking gas rose by 22.15 per cent year on year in…
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How Tourism, AfCFTA can boost Nigeria’s economy – Minister
The African Continental Free Trade Area (AfCFTA) is a significant development for the African continent and presents a tremendous opportunity…
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CBN increases interest rate to 18.5%
The Central Bank of Nigeria, on Wednesday, raised its benchmark lending rate to 18.5 per cent, from 18 per cent,…
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Nigerian petroleum agency to begin licensing enforcement by June
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) on Monday said it will sanction any depot or operator supplying…
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