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Business and Economy
Binance Pursues Protective Order Against SEC Amidst Legal Clash
Crypto exchange Binance late on Monday filed for a protective court order against the U.S. Securities and Exchange Commission, saying the regulator's requests for...
Black Market Dollar to Naira Exchange Rate Today, August 16th, 2023
By Daniel EduCurious about the Dollar to Naira exchange rate on the black market, also known as the parallel market (Aboki fx)? Take a...
“Oil Marketers Recommend Gradual Subsidy Relaxation Amid Currency Struggles, While President Tinubu Stands Firm Against Fuel Price Hike”
By Daniel EduOil marketers are suggesting to President Bola Tinubu that a gradual relaxation of the removal of subsidy on Premium Motor Spirit (PMS),...
N6.9bn Procurement Scandal: Federal Government to Bring Charges Against Emefiele and Associates on Thursday
By Daniel EduThe suspended Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, and his associates are set to be arraigned by the...
Nigeria’s Inflation Soars to 24.08% in July – NBS
Nigeria's inflation rate increased to 24.08% in the month of July 2023, from the 22.79% recorded in June 2023.This was revealed in a...
Nigeria’s Inflation Surges to Unprecedented 24.08% in July
By Milcah TanimuNigeria's inflation rate has reached a historic pinnacle, surging to 24.08% in July 2023 from the previous month's 22.79%, marking a significant...
Nigeria Labour Congress (NLC) Threatens Economic Shutdown over Petrol Price Increase
By Daniel EduThe Nigeria Labour Congress (NLC) has issued a threat to shut down the country's economy without prior notice to the government if...
CBN Vows To Stabilize Naira, Improve Forex Market
The acting Governor of the Central Bank of Nigeria (CBN), Folashodun Shonubi, says the apex bank will, in the next few days, be taking...
Marketers Warn of Possible Petrol Price Surge to N720 per Litre in Nigeria
Nigeria is bracing for potentially more economic challenges as industry experts predict an upcoming increase in the pump price of petrol, with estimates ranging...
Federal Government Set to Clear N187.32bn Contractors’ Debt by November 2023
By Daniel EduIn the upcoming administration of President Bola Tinubu, it appears that an approximate sum of N187.32 billion will be allocated to resolving...
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