Establish council bill to manage the activities of manufacturers of herbal products— CEO Ruzu herbalA court sentenced a teacher to life imprisonment for raping a 7-year-old girlWe must dismantle rascality to ensure rule of law – ObiJAMB releases additional 36,540 UTME resultsUPDATE : Tinubu’s government announces plan to redesign NYSC scope
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Category: Economy and Capital Markets
FG releases fund for school feeding programme
The Federal Government said it has commenced the release of funds for the second school term for the National Home-Grown School Feeding Programme. Though the amount disbursed was not revealed, the…
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Hike in fuel prices, scarcity frustrating Nigerians
In the last two months, there has been a deliberate scarcity of Premium Motor Spirit (PMS) and an uneven hike in the price of fuel across the country. Despite the fact, the…
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FG denies hiking petrol pump price as scarcity persists
The Minister of State Petroleum Resources Chief Timipre sylva has denied any increase in the price of Premium Motor Spirit (PMS). His Senior Adviser (Media & Communications), Horatius Egua said…
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Zainab Ahmed says debt trajectory sustainable
On Wednesday, Nigeria’s Finance Minister stated that the country’s debt trajectory is sustainable. The country also announced plans to significantly reduce its debt service-to-revenue ratio this year and has no…
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Petrol subsidy removal will unlock over N11tr, says Muda Yusuf
Unlocking revenues from foreign exchange (forex) and petrol subsidies will be a major step towards the realisation of fiscal consolidation objective of the Federal Government, the Managing Director and Chief…
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Nigeria’s total debt to hit $172B – Debt Management Office
Nigeria’s public debt is expected to increase to 77 trillion naira ($172 billion) in the current year, up from 44 trillion naira as of September, according to the Debt Management…
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NNPC prospects for oil in Niger, Borno –Report
The Nigerian National Petroleum Company Limited is prospecting for crude oil in more locations across the north, after discovering the commodity in Bauchi and Gombe states. NNPC stated that it…
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CBN releases Public security features of the new notes
The Central Bank of Nigeria (CBN) yesterday highlighted security features in the redesigned naira notes to reaffirm the safety of the legal tender. Security features on the new naira notes…
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Buhari seeks fresh N819bn loan, domestic debts hit N22.57tn
Nigeria’s domestic debt rose to N22.57tn as the Federal Government on Wednesday proposed a last-minute supplementary budget for the 2022 fiscal year. The President, Major General Muhammadu Buhari (retd.), is…
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CBN increases cash withdrawal limit to N500,000 weekly
The Central Bank of Nigeria has increased the maximum weekly limit for cash withdrawals across all channels by individuals and corporate organisations to N500,000 and N5 million, respectively. The directive…
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