Niger Delta group puts oil firms, others on notice as protest holds Dec. 8
The Niger Delta Congress has put oil companies, banks and other businesses on notice as it announced that it will
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Nigeria, Angola’s pushback against OPEC+ oil output quotas persists
OPEC+ is no closer to resolving the deadlock over oil-output quotas for some African members that has already forced the
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Nigeria leads as 750 African startups raised at least $1m round in five years
Nigeria is home to a quarter of startups in Africa that raised at least a $1 million round since 2019,
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FCMB’s credit losses exceed profit, hit N57bn
FCMB Group Plc’s profit before tax for the first nine months of this year failed to keep pace with its
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Naira extends slide as FX market loses 13% of liquidity
The naira extended its decline against the dollar on the official market as liquidity was 13.37 percent lower last week,
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CBN’s resistance to rate hikes raises concern
The Central Bank of Nigeria’s (CBN) refusal to raise its benchmark interest rate since July despite rising inflation has left
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MPC meeting rendered largely ineffective, says CBN gov Cardoso
The Governor of the Central Bank of Nigeria, Oluyemi Cardoso, has said a dislocation of monetary transmission mechanisms rendered the
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Nigeria’s economic growth seen picking up in Q3
The Nigerian economy is expected to expand at a faster pace in the third quarter of this year than in
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CBN’s poor communication harming credibility: Capital Economics
The Central Bank of Nigeria has not done a good job of communicating its plans and strategies, putting its credibility
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NNPC says 275,000 barrels restored to oil output
The Nigerian National Petroleum Company Limited said 275,000 barrels have been restored to the country’s oil production. The NNPC said
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