Business
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Senate To Probe Failed Agreements To Produce Prepaid Meters Locally
The Senate has resolved to probe the operations of DISCOs to ascertain the current status of metering and their extent…
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30years Projection: FG To Earn $2.1tn From Zungeru Hydropower Plant Concession
The Federal Government will, for the next 30 years, earn a total of $2.1 trillion for the concession of the…
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Naira Fall: FG seeks $10bn to Stabilise Exchange Rate
The Nigerian Federal Government is planning to raise $10bn to improve liquidity in the foreign exchange market. On Tuesday, the…
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N23trn Ways & Means debt: FG reveal audit plan
The Federal Government has revealed its intent to audit the N23 trillion Ways and Means debt. The Minister of Finance…
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Abuja DisCo to disconnect presidential villa, 86 MDAs over N47bn debt
Abuja Electricity Distribution Company on Monday said it will disconnect electricity in the Presidential Villa and 86 Federal Government’s Ministry…
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Naira Declines To N1,503/$1 At Official Market
The naira on Wednesday declined against the US dollar at the Nigerian Autonomous Foreign Exchange (NAFEM), concluding the day at…
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Access Holdings – Board will announce acting CEO soon
Access Holdings – Board will announce acting CEO soon The board of Access Holdings Plc will soon announce an acting…
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Economic Crisis: CBN’s efforts already yielding results – Cardoso
The Central Bank of Nigeria has stated that its efforts were beginning to yield results to ease the economic situation…
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Bitcoin rises 5% to highest in a month
Bitcoin rose 5% on Friday to its highest in a month, marching back towards the level it reached in January…
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Verified FX Liabilities: CBN Releases $500m To Clear More Backlog
The Central Bank of Nigeria (CBN) has released US$500 million to various sectors to further address the backlog of verified…
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UK retail sales slump points to new risk of recession
British retailers suffered the biggest drop in sales for almost three years during December, raising the risk that the economy…
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Non-oil export revenue dropped to $4.5bn in 2023 – NEPC
Nigeria’s non-oil export revenue recorded a marginal decrease in the value of exports to $4.5bn in 2023. This represents a…
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UK Inflation Unexpectedly Quickens
The Consumer Prices Index accelerated slightly to four percent last month British inflation unexpectedly rose in December, data showed Wednesday,…
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Niger Govt reiterates commitment to leverage private sector to boost economic activities
Niger State Governor Abubakar Sani Bello has reiterated the commitment of his administration to leverage private sector participation in its…
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