Economy
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Dangote Refinery Slashes Petrol Depot Price to N820 as Crude Oil Dips
The Dangote Petroleum Refinery has reduced the depot price of Premium Motor Spirit (PMS), also known as petrol, to ₦820…
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Nigeria Is in Free Fall”: Rhodes-Vivour Slams Tinubu Over ‘Worst Cost-of-Living Crisis in 40 Years
Gbadebo Rhodes-Vivour, the Labour Party’s 2023 gubernatorial candidate in Lagos State, has delivered a scathing critique of President Bola Tinubu’s…
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Dangote Refinery Set to Begin Fuel Distribution Nationwide Amid Lagos E-Call Up Tensions
Amid growing fears of fuel scarcity in Lagos and other parts of Nigeria, the Dangote Petroleum Refinery has announced plans…
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Nigeria’s $5bn Aramco Oil-Backed Loan Stalls as Crude Prices Plunge
The Federal Government’s ambitious plan to secure a $5 billion oil-backed loan from Saudi oil giant Aramco is facing serious…
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Indian National, 12 Others Arraigned for Alleged N4bn Diesel Diversion from Dangote Industries
The Police Special Fraud Unit (PSFU), Ikoyi, Lagos, on Tuesday arraigned an Indian national, Tukur Shamsudden, and 12 others before…
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IPMAN to Dangote: Petrol Price Should Drop Below N825/Litre
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has called on the Dangote Petroleum Refinery to further reduce the price…
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Eid-el-Kabir: Soaring Food Prices Hit Nigerians as Mokwa Bridge Collapse Disrupts Supply Chain
Less than 48 hours to the Eid-el-Kabir celebration, prices of tomatoes, onions, peppers, and other perishables have surged dramatically across…
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Tinubu Marks Two Years in Office, Says Reforms Are Laying Foundation for Shared Prosperity
President Bola Ahmed Tinubu has said that the economic and governance reforms implemented during his first two years in office…
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Tinubu Seeks NASS Approval for $21.5bn External Loans, ₦758bn Bond to Offset Pension Liabilities
President Bola Ahmed Tinubu has transmitted three letters to the National Assembly, seeking legislative approval for an external borrowing plan…
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CBN Cuts Net Loans by N4.1tn, Recovers N253bn Intervention Funds Amid Tightening Reforms
The Central Bank of Nigeria (CBN) recorded a sharp reduction of N4.145 trillion in net loans and receivables in 2024,…
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