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Business & Economy
Crisis in region is imminent as ECOWAS nations support coup in Niger
The Economic Community of West African States, or ECOWAS, members are concerned about the recent coup in Niger, which has sparked regional tension.
War looms in the West African…
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Subsidy pains: Labour insists on protest as Tinubu okays N500bn palliative, 3,000 buses
•FG begins discussions with NLC today and proposes pay increases, help for MSMES, and other things.
•NLC criticizes FG reforms; Lagos cuts fares as Oyo and Osun experience protests…
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Badagry port to be completed in two years., says Sanwo-Olu
To relieve the congestion in Apapa and Tin Can, the Lagos State Governor, Mr. Babajide Sanwo-Olu, announced on Tuesday that the state had received approval for the construction of a…
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FCCPC vows to prosecute PoS operators over collaborative service price fixing
Members of the Association of Mobile Money and Bank Agents in Nigeria (AMMBAN) have been accused of fixing service prices collectively, and the Federal Competition and Consumer…
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Naira appreciates vs US dollar, closing at 793.70/$
On the Investor & Exporter FX window on Wednesday, the naira strengthened vs the US dollar, closing at 793.70/$.
On the I&E window, the local currency had previously traded at…
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NURPC releases framework to address problems with oil theft, unauthorised cash flows
To address the problems with oil theft and unauthorised cash flows in the nation, the Nigerian Upstream Petroleum Regulatory Commission established a regulatory framework.
The…
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FG’s borrowing from CBN reached N25tn in March
A
Through Ways and Means Advances, the Federal Government borrowed a total of N1.83 trillion from the Central Bank of Nigeria (CBN) in the first quarter of 2023.
Politics According to…
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Breaking: Nigeria Redeems 10-Year $500m Eurobond – DMO
The Debt Management Office (DMO) announced on Wednesday that Nigeria has redeemed a $500 million Eurobond.
A eurobond is a debt instrument that is issued in a country or…
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CBN offers risk management professionals advice on newly emerging threats
Dr. Blaise Ijebor, Director of Risk Management at the Central Bank of Nigeria, has urged risk management professionals to stay on top of trends that could be dangerous for their…
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Tinubu to take over as next ECOWAS chairman
The next ECOWAS (Economic Community of West African States) chairman is expected to be President Bola Ahmed Tinubu.
Recall that Tinubu departs from Abuja on Saturday before the Sunday…
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