Economy
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Governor Sule Signs $2m Supplementary Lithium Deal With Diamond New Energy
ABUJA, NIGERIA — Governor Abdullahi Sule of Nasarawa State has presided over the signing of a fresh $2 million supplementary…
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Naira Trades At ₦1,364.83/$1 As Dollar Market Remains Stable
LAGOS, NIGERIA — The Nigerian Naira traded at ₦1,364.83 per US dollar in the official foreign exchange market, continuing a…
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Dangote Overtakes U.S., Becomes Europe’s No. 1 Jet Fuel Supplier
Dangote Petroleum Refinery & Petrochemicals has cemented its position as a rising global energy powerhouse after becoming Europe’s largest supplier…
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Why Some Nigerians Are Still Poor Despite FG’s Economic Reforms — Oyedele
By Ayodele Quadri, Lagos Times Correspondent ABUJA, NIGERIA — The Minister of Finance and Coordinating Minister of the Economy, Taiwo…
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Dangote reduces petrol price to N1,165, diesel to N1,570
By Ayodele Quadri, Lagos Times Correspondent LAGOS, NIGERIA — The 700,000 barrels-per-day Dangote Petroleum Refinery has announced a fresh reduction…
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NEC approves $4.5bn refinancing of $3.3bn oil-backed loan
The National Economic Council (NEC) has approved the refinancing of the $3.3 billion Project Gazelle Pre-Export Finance Facility into a…
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Equities market dips by N13bn due to profit-taking
The Nigerian equities market closed lower on Friday as investors lost N13 billion following profit-taking in several medium and large-cap…
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NNPCL increases fuel price for second time in two days
The Nigerian National Petroleum Company Limited, NNPCL, has increased the pump price of Premium Motor Spirit, PMS at its retail…
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CBN retains interest rate at 26.50% for second consecutive time
The Central Bank of Nigeria, CBN, has retained the country’s Monetary Policy Rate, MPR, at 26.50 per cent for the…
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Equities market surges 2.27%, investors gain N3.45trn gain
The Nigerian stock market sustained its bullish rally on Tuesday as investors gained N3.450 trillion, driven by renewed buying interest…
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