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Power sector losing N24 Bilion monthly to imported fuel – Fashola Power sector losing N24 Bilion monthly to imported fuel – Fashola

The Nigerian electricity supply industry is losing an estimated N24bn monthly as a result of the importation of fuel such as diesel for a...

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Naira: Redesign, redenomination or revaluation? – By Henry Boyo Naira: Redesign, redenomination or revaluation? – By Henry Boyo

The evident danger to public health from handling dirty, grimy and bacteria-laden Naira notes in millions of transactions every day, shou...

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Britain reveals plan for Nigeria's Naira Britain reveals plan for Nigeria's Naira

Britain’s Export Finance Agency has announced plan to add the Naira to its list of “pre-approved currencies”.  

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Naira depreciates to 360.56/$ Naira depreciates to 360.56/$

The naira Wednesday depreciated to N360.56 per dollar in the Investor and Exporter window, in spite of 98 per cent increase the volume of...

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Oil price rises above $70 Oil price rises above $70

International oil benchmark, Brent crude, hovered near a three-year high of over $70 per barrel on Monday on signs that production cuts b...

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Aliko Dangote remains Africa’s richest with $12.2 Billion net worth Aliko Dangote remains Africa’s richest with $12.2 Billion net worth

President of Dangote Industries Alhaji Aliko Dangote remains Africa’s richest with a net worth of $12.2billion, according to Forbes. ...

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Naira appreciates to N359.38/$1 Naira appreciates to N359.38/$1

The naira Tuesday recorded its biggest daily appreciation of N1.76 in the Investors and Exporters (I&E) window.

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REVEALED: How to reclaim unfair bank charges REVEALED: How to reclaim unfair bank charges

If by any chance you have incurred wrong or unfair bank charges, banking experts say you can try to reclaim them or come to an arrangeme...

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Naira depreciates to N361/$1 Naira depreciates to N361/$1

The naira Tuesday depreciated by 67 kobo to N361 per dollar in the Investors and Exporters (I&E) window.

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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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