The World Bank is set to approve two loans totalling $750m for Nigeria on Tuesday, September 30, 2025, according to […]
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‘Economic Sabotage’, Dangote Reacts To PENGASSAN’s Directive, Says Fuel Price Hike Imminent
Dangote Petroleum Refinery has warned that the recent directive issued by the Petroleum and Natural Gas Senior Staff Association of […]
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Naira Ranks Ninth Weakest Currency In Africa
The Nigerian Naira has been ranked as the ninth weakest currency in Africa, according to a Forbes currency calculator report […]
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Nigerian Crude Oil Hits $70/barrel Amid Global TensionsÂ
Nigerian crude settled at about $70 per barrel, up from $68 earlier in the week. This is because U.S. crude […]
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BUA Boss Predicts Naira Will Strengthen To N1,300 By Year-end
Abdul Samad Rabiu, president of BUA Group, has predicted that the naira will strengthen to between ₦1,300 and ₦1,400 to […]
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CBN Introduces 75% CRR On Non-TSA Public Sector Deposits
The Central Bank of Nigeria (CBN) has introduced a 75 percent cash reserve ratio (CRR) on non-treasury single account (TSA) […]
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FLASH: CBN Cuts Interest Rate To 27%
The Central Bank of Nigeria (CBN), on Tuesday, announced a reduction in its Monetary Policy Rate (MPR) by 50 basis […]
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Nigeria’s Economy Grows By 4.23 Percent In Q2 2025
Nigeria’s economy grew by 4.23 percent year-on-year in real terms in the second quarter of 2025, according to the National […]
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Nigeria Met 96% OPEC Quota In August; Output Averaged 1.63 Million Barrels Per Day: NUPRC
Nigeria’s upstream oil sector has recorded a year-on-year output increase, averaging 1.63 million barrels per day (bopd) of crude oil […]
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Tinubu’s Reforms In Oil, Gas Sector Deliver 28 FDPs Worth $18 Billion – NUPRC
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revealed that President Bola Tinubu’s renewed hope competitive reform agenda has delivered […]
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