Economy
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Marketers may shut down as fuel consumption drops from 60m to 4.5m litre per day
As fuel consumption plummets nationwide due to soaring prices, oil marketers have expressed concerns over significant losses, with around 10,000 oil…
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Fuel price: Why marketers requested N100bn intervention from FG
This comes as oil marketers said that they are awaiting a positive response from the Nigerian Government on their request…
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Minimum wage: Bago approves N80k for Niger state civil servants
Nasir Idris, Kebbi state governor, also approved N75,000 as the new minimum wage for the state’s civil servants.
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$1bn inflow target: CBN holds talks with IMTOs to raise remittance
The Central Bank of Nigeria (CBN) says it engaged leading international money transfer operators (IMTOs) to raise remittance inflows to…
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Nigeria’s economic reforms will unlock investments, growth – IMF
The International Monetary Fund (IMF) has applauded the economic reforms implemented by President Bola Tinubu’s administration.
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FG plans 50% tax relief to help firms increase salaries
A review of the bill on Friday indicated that it aims to introduce certain income tax exemptions to incentivise salary…
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Kogi gets approval to build international airport
The Kogi stage government says it has secured the approval of the federal ministry of aviation and aerospace development to…
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No funding request from Nigeria government — IMF
Abebe Aemro Selassie, director of the African department at the IMF, spoke during a press briefing in Washington DC.
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HoReps uncovers over N32.152bn revenue leakage, summons NUPRC boss
The House of Representatives has issued a 96-hour ultimatum to the Chief Executive Officer of the Nigeria Upstream Petroleum Regulatory…
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FG to de-dollarise Nigerian economy — Finance Minister
The federal government is actively pursuing plans to de-dollarise the Nigerian economy, according to Olawale Edun, the country’s minister of…
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