Economy
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Naira gains marginally, trades N741/$ at I&E window
The naira, on Monday, closed at N741.50 per dollar at the investors and exporters (I&E) window. The foreign exchange (FX)…
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Introduce tax incentives, reduce import duty, economists urge FG
The Centre for the Promotion of Private Enterprise has urged the Federal Government to deploy measures such as the introduction…
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Tinubu in closed-door meeting with Shell Upstream Director Yujnovich, Kyari
President Bola Tinubu has met with the Shell Global Upstream Director Ms Zoë Yujnovich at the Presidential Villa, Abuja. Also…
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NNPCL, marketers fuel vessels to arrive next week – IPMAN
Large consignments of Premium Motor Spirit, popularly called petrol, being imported by major oil marketers, are to hit Nigeria from…
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Fuel subsidy removal, forex reforms: Investors rake in N5.3trn in H1’23
•Highest gain in 15yrs•Gains attributed to policy changes, corporate earnings•But analysts warn of debt, policy shocks Investors in the Nigerian…
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9 illegal refineries with 1m/bpd production capacity uncovered in Bayelsa
As the ongoing war against crude oil theft and illegal refineries in Niger Delta intensifies, no fewer than nine illegal refinery…
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Petrol prices crash at depots – IPMAN
Private Premium Motor Spirit (PMS) depots have crashed the prices of fuel amidst speculations of a rise to N700 per…
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Power firms suspend planned tariff hike as Tinubu yet to consent NERC request
Power consumers, on Saturday, expressed relief after it was confirmed that electricity distribution companies had not implemented the proposed hike…
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AfDB approves $115m loan to Abia for road rehabilitation, erosion – Adesina
The Board of Directors, African Development Bank (AfDB), has approved a loan of 115 million dollars to support a major…
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Don’t panic, N700 fuel pump price mere speculation – IPMAN
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has denied the alleged plan by the association to increase the pump…
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