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Business and Economy
CBN Reassures Public on Safety of Depositors’ Funds
The Central Bank of Nigeria (CBN) has reaffirmed the safety of depositors' funds and the robustness of the banking system. This assurance was given...
Smuggled Nigerian Petrol Floods West African Markets, Sells for N1,700/Litre
The Federal Government raised concerns on Monday about the increased smuggling of Premium Motor Spirit (PMS), commonly known as petrol, driven by significant price...
Petrol Price Could Drop to ₦300/Litre, Say Modular Refineries
By Milcah TanimuOperators of modular refineries in Nigeria have suggested that the price of Premium Motor Spirit (PMS), commonly known as petrol,...
BREAKING: Tribunal Fines DSTV, GOTV N150m, Orders One-Month Free Subscriptions
On Friday, the Competition and Consumer Protection Tribunal fined Multichoice Nigeria, the owners of DSTV and GOTV services, N150 million for disobeying its orders....
Nigeria’s Economy to Reach $1.85 Trillion by 2029, Predicts IMF
The International Monetary Fund (IMF) has projected that Nigeria's economy will reach $1.85 trillion by 2029 in Purchasing Power Parity (PPP) terms. This forecast...
Stock Market Investors Gain ₦15.3 Trillion in Five Months Amid Economic Challenges
Despite facing significant economic challenges, investors in Nigeria's stock market gained a total of ₦15.25 trillion in the first five months of 2024, according...
Cooking Gas Export Ban Leads to Domestic Price Drop – Marketers
The Federal Government’s ban on the export of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, has resulted in a significant price reduction...
SEC DG to Address Green Economy and Infrastructure Transformation at Oriental News Summit
Dr. Emomotimi Agama, the Director-General of the Securities and Exchange Commission (SEC), will be highlighting key policies and strategies for strengthening Nigeria's national economy...
Tinubu Seeks Stakeholders’ Partnership for Transition to Clean Economy
President Bola Tinubu has called for collective action from citizens, stakeholders, institutions, and development partners to protect the environment and ensure a transition to...
CBN Denies Plans to Revoke Licenses of Unity, Polaris, and Keystone Banks
The Central Bank of Nigeria (CBN) has denied any plans to revoke the licenses of Unity Bank, Polaris Bank, and Keystone Bank.“The content is...
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