World Bank sees Nigeria’s inflation hitting 25% on subsidy removal
The World Bank has said the inflation rate in Nigeria is expected to peak at 25 percent this year on
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FX forward, futures contracts surge amid naira devaluation
The demand for foreign exchange forward and futures contracts surged this week as the naira saw a significant decline against
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Nigeria risks falling back into recession, Rewane warns
Africa’s biggest economy is at risk of falling back into recession after a slowdown in the first quarter of the
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Nigerian stocks jump 5.5% in week after Emefiele’s exit
Nigerian stocks ended this week with a 5.49 percent increase in the main index as investors reacted to the suspension
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Nigeria, Morocco, four others sign deal on $25bn gas pipeline project
Nigeria, Morocco, Cote d’Ivoire, Liberia, Benin, and Guinea have signed four significant Memoranda of Understanding related to the Nigeria-Morocco Gas
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Nigeria’s power generation plunges to 2,649.9MW after fire incident
Electricity generation in Nigeria fell by 37 percent in 24 hours, worsening outages in Africa’s biggest economy amid rising cost
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Nigeria’s inflation seen hitting 30% on Tinubu’s reforms
The annual inflation rate in Nigeria is expected to surge to more than 30 percent in coming months following the
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Blackout in Magodo, Ogba, others as Ikeja West Grid trips
Several parts of Lagos have been thrown into total darkness for hours following the tripping from Ikeja West Grid and
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A smile improves your face value
By Harvey Mackay I learned years ago that one of the most powerful and effective things you can do to
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Shell’s E&P unit pays Nigeria $907m in annual taxes, royalties
Shell Nigeria Exploration and Production Company has said it paid a total of $907 million as taxes and royalties to
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