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Business and Economy
Global Oil demand 2021 Pegs at 96.5 mb/d, 100.6 mb/d in 2022 – OPEC
The Organisation of the Petroleum Exporting Countries (OPEC) says World total oil demand in 2021 is pegged at 96.5 million barrel per day (mb/d(...
Stock Market Gains N1.33trn in First Trading Week
The Nigerian Exchange Limited (NGX) kicked off the first trading week of 2022 on a positive note as its market capitalisation gained N1.33 trillion....
FG imposes N10 per liter tax on carbonated drinks, to control diabetes, obesity, and other diseases
Nigeria’s Federal Government has introduced an excise duty of N10 per litre on all non-alcoholic, carbonated and sweetened beverages.She argued that N10 tax...
FG Projects N10.7trn Revenue Target For 2022
The Federal Government has projected a revenue target of N10.7trillion for the 2022 fiscal year.The Minister of Finance, Zainab Ahmed disclosed this on Tuesday...
OPEC, Allies Maintain Modest Boosting Of Oil Output
OPEC and its allies decided on Tuesday to maintain their policy of modestly boosting oil output next month as the rapidly spreading Omicron variant...
Unknown whale investor secretely moves N216trn worth of Bitcoin
An unknown whale investor secretly moves $432million worth of Bitcoin in block 716,573 some hours ago, at a time when Bitcoin is trading at...
Apple Becomes First US Company To Reach $3trn Valuation
Apple became the first US company to hit $3 trillion in market value, briefly reaching the landmark on Monday in the latest demonstration of...
Nigeria’s inflation rate may be among world’s highest in 2022 – World Bank
The World Bank has said Nigeria may have one of the highest inflation rates globally in 2022, with increasing prices diminishing the welfare of...
NGX resumes after Christmas break with N238bn Loss
The Nigerian stock market resumed trading on Wednesday after the Christmas holidays with a loss of N238 billion due to profit taking.Specifically, the market...
Review Forex ban on 40 items to save Naira, Economists tell CBN
The Centre for the Promotion of Private Enterprise, an economic think tank, has advised the Central Bank of Nigeria to review its ban on...
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