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Business and Economy

Niger Delta Lawyers Demand Urgent Refinery Operations Before September Deadline

Some lawyers from the Niger Delta have issued an ultimatum to the Nigerian National Petroleum Company Limited (NNPCL) and its Managing Director, Mele Kyari,...

Akpabio Expresses Empathy for Nigerians Facing Economic Hardship

By   Milcah   TanimuSenate President Godswill Akpabio has expressed empathy for every Nigerian facing economic hardship during a speech welcoming lawmakers back from an eight-week...

Dangote Slams NNPC’s Refinery Stake Withdrawal

By  Milcah   TanimuAliko Dangote, CEO of Dangote Refinery, has termed the Nigerian National Petroleum Company (NNPC) Limited's decision to withdraw from acquiring a 20%...

Dangote Urges Federal Government to End Petrol Subsidy Immediately

Alhaji Aliko Dangote, President and CEO of Dangote Group, has called on the Federal Government to fully eliminate petrol subsidies. He emphasized that the...

Nigerian Government Launches N150 Billion Bond Offer

By  Milcah   TanimuThe Nigerian government, through the Debt Management Office (DMO), has launched three FGN bonds totaling N150 billion, available for subscription at N1,000...

A’Ibom Calls for Investors to Establish CNG Refilling Depots

 By Ogenyi Ogenyi, UyoThe Akwa Ibom government is seeking private investors to help establish refilling depots for Compressed Natural Gas (CNG) buses. This initiative...

Nigeria’s External Reserves Reach 22-Month High at $37.31bn

By   Milcah   TanimuNigeria’s external reserves have surged to a 22-month high, reaching $37.31 billion as of September 18, 2024. This marks the highest point...

NLC Calls for Urgent Talks on Petrol Price and Minimum Wage

By   Milcah   TanimuThe Nigeria Labour Congress (NLC) has expressed concern that the recent hike in petrol prices has effectively nullified the benefits of the...

Job Losses Prompt Withdrawal of N247.47bn from Pension Savings by 483,464 Nigerians

In the second quarter of 2024, 483,464 Nigerians withdrew a total of N247.47 billion from their Retirement Savings Accounts (RSAs) due to job losses,...

Nigerian Govt Targets N150bn from Bond Market to Address Budget Deficit

By  Milcah  TanimuTo tackle the 2024 budget deficit, the Nigerian government plans to raise N150 billion from the bond market this September. The Debt...

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