Economy
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NEITI to investigate daily petrol consumption figure
The Nigerian Extractives Industries Transparency Initiative (NEITI) says there is no credible data to ascertain the daily consumption of petrol in Nigeria.…
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Anxiety as ex-depot petrol price rises to N490 per litre
There was palpable anxiety among members of the public yesterday, following a rise in the ex-depot price of petrol by…
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Naira closes at N756/$ as official, parallel market rates converge week after FX policy
The Nigerian naira strengthened on Tuesday to close at N756 to the dollar at the investors and exporters (I&E) window. …
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Tinubu’s first three weeks as president not perfect but reasonable — Bode George
A chieftain of the Peoples Democratic Party, Chief Bode George has praised President Bola Tinubu’s good start to his administration…
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Electricity consumers owing us N50bn in Kwara – IBEDC
The Ibadan Electricity Distribution Company (IBEDC) says it is owed over N50 billion in outstanding electricity bills by consumers in…
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EFCC releases ex-Gov Ortom after 10 hours grill
After spending over 10 hours at the Makurdi office of the Economic and Financial Crimes Commission, EFCC, former Governor of…
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Demolition: land reclaimed worth trillions of naira – Kano Govt
The Kano State Government it has reclaimed land worth trillions of naira since it embarked on demolition exercises across some…
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Dangote lauds Tinubu’s forex policy despite losing $3bn
Aliko Dangote, chairman of Dangote Group, has hailed President Bola Tinubu’s policies on subsidy removal and the elimination of multiple…
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Six companies licenced to import petrol from July – FG
The federal government has granted approval to six companies for the importation of petroleum products. The Nigerian Midstream and Downstream…
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Naira depreciates to N770.38/$ as demand pressure hits I&E
The Naira yesterday depreciated by 16 per cent to N770.38 per dollar in the Investors and Exporters (I&E) window following…
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