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FG gets over $751m World Bank loan
The Federal Government has obtained $751.88m out of the recently approved $1.5bn loan by the World Bank. The loan under ...Dangote refinery insists IOCs frustrating crude purchase, says traders sell above official price
The management of Dangote Industries Limited (DIL) has insisted that international oil companies (IOCs) are frustrating its request to purchase ...Tinubu seeks injection of N6.2tn into 2024 budget
President Bola Tinubu has forwarded to the Senate for consideration and approval the injection of N6.2 trillion into the ...Naira down to N1,555/$ in parallel market
The Naira yesterday depreciated to N1,555 per dollar in the parallel market from N1,545 per dollar last week Friday. Similarly, ...Nigeria’s inflation rate increases to 34.19% amid rising food prices
Nigeria’s inflation rate rose to 34.19 percent in June 2024 — up from 33.95 percent in May. The data is ...Focus on industrialised Nigeria made me sell my house in London – Dangote
Africa’s richest man Aliko Dangote has said that his passion for an industrialised Nigeria made him not to have ...Nigeria’s low crude oil production forces Dangote Refinery to Brazil crude
Dangote Petroleum Refinery is set to import a cargo of Brazilian crude, Bloomberg reported on Friday. It said this ...UK court ends attempt by P&ID to upturn Court judgement favouring Nigeria
Process and Industrial Development’s bid to set aside a previous judgement reversing the company’s $11 billion damages claim against ...Naira depreciates to N1,560/$ in parallel market – lowest in three months
The Nigerian naira fell to N1,561 against the dollar at the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Wednesday. The ...We’ll regulate price of imported foodstuffs — FG
The Federal Government has said food items to be imported into the country in the next 150 days will be ...
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