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Nigeria’s FX reserves rise to $48.5bn — highest since 2013
Nigeria’s foreign exchange (FX) reserves rose to $48.5 billion on Tuesday, representing the highest in about 13 years. The current ...Tinubu strips NNPC of oil revenue deduction powers, orders direct remittance to FAAC
President Bola Tinubu has signed an executive order (EO) for the direct remittance of oil and gas revenues to the ...Govt to allocate N800bn credit to agro-processing, renewable energy sectors
The federal government says it plans to allocate N800 billion to the agro-processing and renewable energy sectors under the national ...FAAN migrates to cashless operation, stops cash-based transaction Feb 29
The Federal Arports Authority of Nigeria (FAAN) has ordered an immediate end to all cash-based transactions across its operations effective ...Nigeria’s inflation rate drops to 15.1%
The National Bureau of Statistics (NBS) says Nigeria’s headline inflation rate has dropped to 15.1 percent in January, down from ...Nigeria leads charge on global tax, monetary reform as G-24 meets
The Director of the Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development (G-24), Dr Iyabo Masha, has outlined ...Nigeria’s crude oil production of 1.45m bpd largest in Africa – OPEC
Nigeria retained its position as the largest crude oil producer in Africa after an increase in the country’s January output, ...22,000 farmers to benefit from FarmerMoni interest-free loans – FG
The Federal Government, through the National Social Investment Programme Agency, says no fewer than 22,000 farmers will benefit from interest-free ...UBA boosts Agency, Merchant banking’ features, scales up value on RedPay terminals
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has launched a new ‘Aggregator Sales Structure’ for its RedPay POS ...Eyesan assures global investors of friendly framework in 2025 licensing round
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said reforms under the Petroleum Industry Act 2021 provide a predictable, transparent, ...
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