Business
CBN Implements Measures to Boost FX Supply and Market Correction
The Central Bank of Nigeria (CBN) has introduced significant policy initiatives aimed at correcting the foreign exchange (FX) market and...
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Why FAAN is Relocating Headquarters from Abuja back to Lagos
The Federal Airports Authority of Nigeria (FAAN) has announced its decision to relocate its headquarters from Abuja back to Lagos...
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Why We are Opening Mini Bid round for 12 More Offshore Oil Blocks in 2024 -NUPRC
In response to significant interest from both local and foreign investors during the 2022/2023 mini bid round for seven deep...
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Amnesty International Calls for Environmental Assessment Before Shell’s Onshore Oil Business Sale in Nigeria
Amnesty International (AI) has called on the Nigerian government to demand that Shell Petroleum Development Company of Nigeria Limited (SPDC)...
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The Director-General of the Budget Office of the Federation, Mr. Ben Akabueze, has stated that reducing budget expenses is not...
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President Tinubu Receives Briefing on Steel Sector Investments
President Bola Tinubu met with the Minister of Steel Development, Prince Shuaibu Abubakar Audu, and Defence counterpart, Alhaji Mohammed Badaru,...
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Government Strategic in Forex Benchmark for 2024 Budget, Says Minister Bagudu
The Minister of Budget and National Planning, Alhaji Abubakar Atiku Bagudu, has disclosed that the Federal Government strategically avoided basing...
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UN Report Flags Economic Concerns for Nigeria in 2024
A recently released United Nations World Economic Situation and Prospects (WESP) report for 2024 has spotlighted significant economic challenges facing...
Read moreDetailsCentral Bank of Nigeria Allocates $61.64 Million to Foreign Airlines
In a recent development, the Central Bank of Nigeria (CBN) disclosed its disbursement of approximately $61.64 million to foreign airlines...
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EFCC Investigates Leading Nigerian Companies Over Forex Utilization in Past Decade
The Economic and Financial Crimes Commission (EFCC) has initiated a comprehensive review and investigation into foreign exchange (FX) utilization over...
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