Business
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Nigeria begins sale of crude oil in Naira
The federal government of Nigeria has officially begun selling crude oil and refined petroleum products in naira, marking a transformative…
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Mark Zuckerberg ovetakes Jeff Bezos as world’s second richest person
Meta CEO, Mark Zuckerberg has overtaken Amazon founder Jeff Bezos to become the world’s second-richest individual. As of Friday, Zuckerberg’s…
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BudgIT accuses National Assembly of padding FCC Oji River’s budget from N12.8b to N103.6b
BudgIT, a Nigerian civic tech organization focused on accountability in public finance, has alleged a significant budget discrepancy involving the…
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‘I can’t explain how my N15m business crumbled’, says viral bottled water hawker, ‘Dr H20’, set up by Aquafina
Viral bottled water hawker, Wisdom Alfred, popularly known as Dr H20, has lamented that the N15 million business set up…
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Nigeria at 64: We’ve cleared N30tn CBN Ways Means loan – Tinubu
President Bola Ahmed Tinubu on Tuesday announced that his administration had cleared the N30 trillion ways and means loan from…
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World Bank approves new $1.57bn to support power sector, others in Nigeria
The World Bank has approved a new $1.57 billion financial package to support Nigeria’s economic reforms and development projects. This…
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Over 40% of Nigerians now enjoy 20 hours of electricity supply – Power Minister, Adelabu
Nigeria’s Power Minister, Chief Adebayo Adelabu, has announced a significant improvement in the nation’s electricity supply, stating that over 40%…
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It’s time for FG to remove petrol subsidy – Dangote
Billionaire, Aliko Dangote, has called on the federal government to end the petrol subsidy immediately, stating that it is the…
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Man left jobless and broke after investing in online investment scheme, Hamster Kombat
A Nigerian pharmacist, Musa A. Bello, has taken to X (Twitter) to lament over the failure of an online…
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Small biz owners lament after hardship forced them to close shop
Small business owners have taken to a thread on X (Twitter) to lament over the economic hardship which has forced…
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Naira rises to N1,640/$ in parallel market
The Nigerian Naira on Friday, September 20, rose to N1,640 to a dollar in the parallel market from N1,650 per…
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Multinational, PZ Cussons prepares to leave Africa
British consumer goods company, PZ Cussons Plc is reportedly preparing to completely or partially quit operations in Africa. Online news…
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Nigeria’s external reserves at risk due to petrol subsidy removal, others
The Central Bank of Nigeria has said that the country’s foreign exchange reserves are at risk due to the petrol…
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IPMAN kicks against decision of NNPCL to sell Dangote petrol higher than imported ones
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has condemned the decision of the Nigerian National Petroleum Company Limited (NNPCL)…
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Dangote refinery sold petrol to us at N898 per litre – NNPC
The Nigerian National Petroleum Company Limited (NNPCL) has announced it purchased Premium Motor Spirit (PMS), otherwise called petrol, from Dangote…
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