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Oyebanji seeks N175.75bn NRDF grant, plans development of agric, solid minerals, tourism
The Ekiti State Government has commenced plans to access the sum N175.75 billion grant from the Natural Resources Development Fund ...Dangote halts fuel discount scheme amid fraud allegations
The Dangote Petroleum Refinery and Petrochemicals has uncovered a fresh racket involving some of its affiliate marketers and strategic partners ...Oba Otudeko exits First Holdco, sells 10.43 billion shares in N323bn deal
A major shareholding change has occurred at Nigeria’s oldest banking group, First Holdco Plc. Key shareholder Oba Otudeko , exited the ...Nigeria’s Inflation Rate Drops To 22.22% In June
Nigeria’s inflation rate eased to 22.22% in June 2025, down from 22.97% recorded in May, according to the latest Consumer ...Marketers protest as Dangote moves to crash cooking gas price
President of the Dangote Group, Alhaji Aliko Dangote, has announced plans to reduce the price of Liquefied Petroleum Gas, also ...Nigeria’s oil output soars above OPEC quota
Nigeria’s average daily crude production rose above the quota allocated to it by the Organisation of the Petroleum Exporting Countries ...Naira hits four-month high at official market, trades at N1,518/$
The naira, Nigeria’s local currency, appreciated to N1,518.88 per dollar at the parallel section of the foreign exchange (FX) market ...Dangote submits paperwork to build ‘biggest’ seaport in Nigeria
Aliko Dangote, president of the Dangote Group, says he plans to build the “biggest, deepest seaport in Nigeria”. In an ...Pension managers fail in enlisting new contributors, resort to poaching
There are indications that pension fund Administrators, PFAs, are still struggling to enlist new pension contributors despite massive growth in ...Marketers back refineries’ sale, project lower fuel prices
Oil marketers and industry stakeholders have thrown their weight behind the proposed sale of Nigeria’s refineries under the management of ...
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