Nigeria Lost N851bn To Oil Theft, Sabotage –NEITI

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Nigeria lost N851.84bn ($2.78bn) to oil theft and pipeline sabotage in 2019, the Nigerian Extractive Industry Transparency Initiative (NEITI)has said. NEITI said this in its...

Just In: Alpha Beta Ex-MD Drags Tinubu To Court Over Control Of Company

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A former Managing Director of Alpha Beta LLP, Dapo Apara, has dragged a former Governor of Lagos State, Bola Tinubu, before a court over...

Auditor-General: Consolidated Revenue Fund Overdrawn By N2.48tr

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Faults claim N3.2trn transferred to fund 2018 recurrent budget N84.702 billion invested in moribund companies The Auditor General of the Federation has queried alleged...

Buhari Is Making Difference In Nigeria With Help From China – Adesina

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President Muhammadu Buhari’s Special Adviser on Media and Publicity, Femi Adesina, has said his principal is making a difference in the country with help...

NO Further Increase In Cement Price: BUA Cement Insists

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BUA Cement, Nigeria’s second-largest cement maker, has again assured Nigerians that it won’t further increase the price of cement. This is the second time...

Why The Naira Is Now Gaining Against The Dollar

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The exchange rate between the naira and the dollar at the parallel market strengthened on Thursday, rising from N503/$1 to N485/$1. Initial checks by...

IMF asks CBN to harmonise FX rates for market clearance

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Calls for market-based fuel pricing The International Monetary Fund (IMF) has called for the adoption of the Nigerian Autonomous Foreign Exchange (NAFEX) window for official...

Nigeria Seeks Share From $11.5 Trillion Global Digital Economy

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• NITDA engages stakeholders for policy development As part of efforts by the Federal Government of Nigeria to grow the nation’s economy through digital technologies, the...

Breaking: Billions Of Dollars Disappeared In The Crypto Market

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The crypto market suffered significant losses at Wednesday’s trading session with most altcoins including Ethereum, pulling back from their weekly highs after the United...

External Reserves Rrop By $1.4bn In Two Months – CBN

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The country’s external reserves fell by $1.4bn in two months, the latest data from the Central Bank of Nigeria,CBN, showed on Wednesday. The reserves, which...