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Business and Economy
Presidency Denies Claims of French Takeover in Nigeria’s Mining Sector
By Abigail Philip DavidThe Presidency has dismissed rumors that France is taking over Nigeria’s mining sector, solid minerals, or security rights. These speculations...
OPEC Ministers Meet to Stabilize Global Oil Market
By Abigail Philip DavidThe 38th meeting of the Joint Ministerial Monitoring Committee (JMMC) of the Organisation of the Petroleum Exporting Countries (OPEC) took...
Google, Meta, TikTok Pay N2.55trn Taxes to Nigeria in Six Months
By Milcah Tanimu
Major digital companies, including Google, Meta, X (formerly Twitter), TikTok, and Microsoft, contributed N2.55 trillion ($1.5 billion) in taxes to Nigeria's Federal...
Nigeria’s Fuel Imports Surge to 2.3 Billion Litres Despite Dangote and Port Harcourt Refinery Operations
Nigeria's fuel imports have reached 2.3 billion litres between September 11 and December 5, 2024, despite the start of operations at Dangote and Port...
CBN Clarifies Early Exit Programme as Voluntary
By Abigail Philip DavidThe Central Bank of Nigeria (CBN) has stated that its Early Exit Package for staff is entirely voluntary, refuting claims...
NNPCL Commits to Boosting Local Content in Nigeria’s Energy Sector
By Milcah TanimuThe Nigerian National Petroleum Company Limited (NNPCL) has reiterated its dedication to enhancing local content development in Nigeria's energy sector. Speaking at...
How to Report Cash Shortages at ATMs and Banks to CBN
By Milcah TanimuThe Central Bank of Nigeria (CBN) has provided a directory of contact details and email addresses for its branches nationwide, enabling citizens...
Peter Obi Urges FG to Prioritize Public Debate on Tax Reforms
By Abigail Philip DavidFormer Anambra State governor and politician, Peter Obi, has urged the Bola Tinubu administration to conduct a national debate on...
Nigeria’s Private Sector Faces Strain from Naira Depreciation, Fuel Price Increases – Report
By Abigail Philip DavidNigeria’s private sector faced mounting challenges in November 2024, as inflationary pressures intensified due to the depreciation of the naira...
CBN to Retire 1,000 Employees with N50 Billion Severance Package
By Abigail Philip DavidThe Central Bank of Nigeria (CBN) is set to retire around 1,000 employees as part of a strategic effort to...
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