Economy
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Climate change: Nigeria secures over $5 billion funding at COP28
Nigeria’s successful pursuit of over $5 billion in funding at COP28 marks a significant milestone in the country’s fight against…
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Nigerians purchasing power drops as prices rise —Stanbic report
The purchasing power of Nigerians has seen a significant decline in recent years. This drop can be attributed to a…
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1,800 workers risk losing jobs, as P&G set to leave Nigeria
P&G, one of the world’s largest consumer goods companies, recently announced its decision to leave Nigeria, putting the jobs of…
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CBN new emergency policy: anti- or pro-financial inclusion
The Central Bank of Nigeria (CBN) recently announced the implementation of a new Know Your Customer (KYC) policy, which has…
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Oil theft : Security operators save Nigeria $43.2m – Enisuoh
The executive director of Tantita Security Services Nigeria Limited, Warredi Enisuoh, stated during the inaugural Maritime Reporters Association of Nigeria…
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Poor power supply: FG signs MOU for 1GW Solar plant
The effects of poor power supply on Nigeria’s economy have been devastating. The country has been plagued by frequent power…
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Sunil Natraj becomes new Jumia CEO for Nigeria
Sunil Natraj is the new Chief Executive Officer for Nigeria, according to a Jumia announcement. An official statement from the…
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What Bank recapitalization could mean for Nigerian Economy
President Bola Tinubu and CBN Governor Yemi Cardoso recently announced that there will be an upward review of the bank…
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Nigeria’s trade surplus hits N3.5trn in 9 months – NBS
Nigeria’s trade surplus has hit N3.5 trillion between January to September 2023, the foreign trade report for the third quarter…
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FG to raise N298.4 billion from sales of national assets
By selling off certain government assets in 2024, the federal government hopes to raise N298.4 billion in revenue. This can…
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