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Is Nigeria’s Inflation Drop Government's Propaganda Or Genuine Relief?

20 Small-Scale Business Ideas To Consider This 2024

As we step into 2024, aspiring Nigerian entrepreneurs have a plethora of opportunities waiting to be explored. Here are 20 small-scale business ideas to consider, each tailored to the unique dynamics of the Nigerian market. Below Are 20 Small Scale Business Ideas
January 2, 2024
6 Factors Behind Poor Performance Of Nigeria’s Oil & Gas Stocks This Year
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NGX: Foreign Transactions Surge By 113.94%

Foreign transactions on the Nigerian Exchange Limited soared by 113.94% to N71.37 billion (approximately $75.76 million) in November, marking a notable rebound compared to the preceding month’s N33.36 billion. This spike, as revealed in the latest Domestic and Foreign Portfolio Investment Report
January 2, 2024
IMG
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2024 Budget: NASS Slashes Wage Allocations For MDAs By 45%

Nigeria’s National Assembly has approved a budget that reduces allocations for minimum wage and salary-related payments for Ministries, Departments, and Agencies (MDAs). The initially proposed N1 trillion by President Bola Tinubu for Public Service Wage Adjustment faced a cut to N550 billion,
January 1, 2024
Loans

Nigeria Secures $1.71bn Foreign Loans

Nigeria has witnessed a surge in foreign loans, accounting for over 60% of the country’s foreign exchange inflows in the first nine months of 2023. Despite this boost, the total capital importation has seen a 33.99% decline compared to the corresponding period
January 1, 2024
Tinubu UAE

UAE’s Investment In Nigeria Surges To $375m Despite Visa Ban

The United Arab Emirates’ private investments in Nigeria have soared to $375.01 million since the imposition of a visa ban in October 2022, according to the latest Capital Importation report from Nigeria’s National Bureau of Statistics. Despite diplomatic efforts and conflicting official
January 1, 2024
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