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Oil demand to rise until 2050- OPEC
OPEC declared on Thursday that global demand for crude oil will continue to rise until at least 2050, dismissing swift transitions…
CBN ends COVID-19 forbearance measures, directs banks to provide capital…
The Central Bank of Nigeria (CBN) has issued a coordinated set of transitional measures to guide banks out of the regulatory…
Dangote refinery reduces Petrol ex-depot price, now ₦820 Per Litre
Dangote Petroleum Refinery has once again slashed the ex-depot price of petrol, dropping it from ₦840 to ₦820 per litre.
The…
Alleged privacy breach: NDPC slams N766m fine on MultiChoice
The Nigeria Data Protection Commission (NDPC) says it has fined MultiChoice Nigeria, the parent company of DStv and GOtv, N766.24…
Nigeria’s tax reforms incomplete without corporate tax cuts, regulatory…
Chairman of the presidential committee on fiscal policy and tax reforms, Taiwo Oyedele has said Nigeria’s tax reforms remain…
Nigerian banks announce resumption of international transactions on naira…
Indications have emerged that some Nigerian commercial banks have commenced resumption of international transactions on their…
AMCON sells stake in Ibadan DisCo for N100bn
The Asset Management Corporation of Nigeria (AMCON) has sold it's stake in the Ibadan Electricity Distribution Company (IBEDC).…
Naira hikes to N1,570/$ in parallel market
The naira strengthened in the parallel market on Thursday, appreciating to ₦1,570 per dollar from ₦1,580 on Wednesday.
However,…
IMF reviews Nigeria’s GDP growth rate forecast for 2025
The International Monetary Fund (IMF) says its executive board has concluded the 2025 Article IV consultation with Nigeria,…
Privatise Refineries to boost economy – MAN DG
The Director General of the Manufacturers Association of Nigeria (MAN), Segun Ajayi-Kadiri, has urged the Federal Government to…