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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…
Dangote cuts Petrol Price to ₦840 per Litre
Dangote Petroleum Refinery has lowered its ex-depot price of petrol from ₦880 to ₦840 per litre.
A spokesman for the refinery,…
AMCON puts up Ben Bruce’s Silverbird Mall, nine other properties in…
The Asset Management Corporation of Nigeria (AMCON) has offered several properties for sale to interested members of the public.…
Banks donate to Niger flood victims, pledge long-term support
In a major humanitarian gesture, Nigerian bank chief executive officers (CEOs) donated essential relief materials to support…
Our nationwide fuel distribution scheme will create 15,000 jobs, save…
The Dangote Petroleum Refinery says its nationwide petroleum products distribution scheme will save Nigerians over N1.7 trillion…
Nigerians earning N800k or below yearly now exempted from income tax…
Chairman of the senate committee on appropriations, Solomon Adeola has said Nigerians earning N800,000 or less annually will no…