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Oil prices jump above $65 Oil prices jump above $65

Brent crude oil prices jumped above $65 per barrel after the shutdown of the Forties North Sea pipeline knocked out significant suppli...

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Anyone caught abusing the Naira will go to jail - CBN Anyone caught abusing the Naira will go to jail - CBN

The Central Bank of Nigeria on Friday warned Nigerians against abusing the naira notes. The apex bank said that anyone caught abusing t...

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Coca-Cola advises Nigerians to eat more fruit Coca-Cola advises Nigerians to eat more fruit

The Coca-Cola Nigeria Ltd. has advised Nigerians to choose a healthy lifestyle by reducing their sugar intake and eat more fruits. ...

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Latest GDP figures excite Nigerian presidency Latest GDP figures excite Nigerian presidency

Nigerian presidency on Monday reacted to the ​Q3 ​GDP figures just released by the National Bureau of Statistics,​ NBS.  

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Oil prices rise to $62.06 per barrel Oil prices rise to $62.06 per barrel

Oil prices rose slightly yesterday following expectations that the Organisation of Petroleum Exporting Countries, OPEC, will extend prod...

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Bitcoin vs. Forex: Which Investment Makes Most Sense in Nigeria and Overall? Bitcoin vs. Forex: Which Investment Makes Most Sense in Nigeria and Overall?

Every now and then a new type of investment comes along that looks as though it is going to change the world. Currently, it is cryptocurre...

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Naira closes at N360.16/$1 Naira closes at N360.16/$1

The Naira on Monday traded at N360.16 to the dollar at the investor’s window, the News Agency of Nigeria (NAN) reports.

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Oil price rises towards $59 Oil price rises towards $59

Oil prices rose on Wednesday, lifted by a fall in U.S. crude inventories and concerns that tensions in the Middle East could disrupt sup...

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Why Nigeria must borrow urgently – Finance Minister, Adeosun Why Nigeria must borrow urgently – Finance Minister, Adeosun

Kemi Adeosun, the Minister of Finance, has said for Nigeria to deliver critical infrastructural projects such as roads, rail and power, it ...

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World Bank reveals how much it has invested in Nigeria World Bank reveals how much it has invested in Nigeria

The World Bank Group has said it has an investment portfolio of about $8.5billion scattered across states in Nigeria.

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Dangote reveals secret of his business success Dangote reveals secret of his business success

Africa’s richest man, Aliko Dangote, has revealed the secret of his success in business.

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CBN to sanction exporters withholding forex proceeds CBN to sanction exporters withholding forex proceeds

The Central Bank of Nigeria (CBN) is threatening to sanction exporters who fail to repatriate foreign exchange (forex) proceeds from the...

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Nigerian cows, worst milk producers globally – Ogbeh Nigerian cows, worst milk producers globally – Ogbeh

The Minister of Agriculture and Rural Development, Chief Audu Ogbeh, has said cows raised in Nigeria are the worst milk producers in the ...

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Kidnappers scaring away investors — Dangote Kidnappers scaring away investors — Dangote

Africa’s richest man and President of Dangote Group, Alhaji Aliko Dangote, has raised the alarm over insecurity in the country, particula...

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Oil hits two-year high at $58.37 Oil hits two-year high at $58.37

Oil prices hit a more than two-year high yesterday after major producers said the global market was on its way toward rebalancing, while ...

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Naira crashes further against dollar as CBN vows to punish banks Naira crashes further against dollar as CBN vows to punish banks

The naira on Monday dropped further to 370 per United States dollar in the parallel foreign exchange market.

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Naira appreciates to N366/$1 Naira appreciates to N366/$1

The Naira yesterday appreciated for the second consecutive day to N366 per dollar in the parallel market, even as investors traded $84 m...

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Naira rebounds against dollar Naira rebounds against dollar

The Naira on Tuesday, appreciated against the dollar at the parallel market.

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Naira closes at 370 as dollar supply declines Naira closes at 370 as dollar supply declines

The naira closed at 370 to the United States dollar on Friday, as dollar supply from the Central Bank of Nigeria continued to wane.

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Why CBN Interventions Fail To Save Naira Why CBN Interventions Fail To Save Naira

Financial experts have diagnosed plausible reasons for the steady depreciation of the nation’s currency in spite of series of interventions...

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