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Finance & Economy - Page 158

Tinubu Engages Labour Leaders in Midnight Meeting Over Planned National Protest

President Tinubu on Tuesday night held a closed-door meeting with the leadership of the Nigeria Labour Congress (NLC) at the State House, Abuja, as efforts intensified to avert a proposed nationwide protest by organised labour over Nigeria’s worsening insecurity. Prime Business Africa

December 17, 2025

How ‘Virtual Fence’ Can Help Fulani Herdsmen, Stop Farmer-Herder Clashes In Nigeria

Agro-Economy·FEATURES

How ‘Virtual Fence’ Ranching Can Help Fulani Herdsmen, Stop Farmer-Herder Clashes In Nigeria

At a time when farmers and herders are clashing in parts of Africa over open livestock grazing and the impact on farmlands, elsewhere in Europe a new technology that enables fenceless grazing is being increasingly adopted.

November 6, 2023

Diesel Price Drop Will Bring Down Nigeria’s inflation Rate – Dangote

Africa·Business·Finance & Economy·News

Dangote Repatriates Over $576 Million From African Operations, Affirms Commitment

Dangote Industries Limited (DIL) has declared that it has repatriated a sum of over $576 million through Nigerian banks, further solidifying its commitment to Nigeria and its pan-African expansion. The company also revealed a cash swap arrangement of $111.97 million between Dangote

November 6, 2023

SERAP Sues President Tinubu, Demanding Probe Into Missing Billions

Business·Finance & Economy·News

SERAP Sues Tinubu, Demands Probe Into Missing Billions

The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit, seeking to compel President Tinubu to probe the alleged disappearance of over US$15 billion in oil revenues and N200 billion earmarked for refinery repairs between 2020 and 2021, as detailed in

November 5, 2023

Business·Finance & Economy·News

26.5 Million Nigerians At Risk of Hunger In 2024, FAO Warns Amid Food Crisis

The Food and Agricultural Organisation (FAO) has warned that approximately 26.5 million Nigerians are on the brink of hunger in 2024. This assessment comes as the nation faces multiple challenges in its food systems. Primes Business Africa reports that President Bola Tinubu

November 3, 2023

Africa·Business·Finance & Economy·News

Tinubu Commends France For Returning $150m Abacha Loot

President Bola Tinubu has extended Nigeria’s appreciation to France for the return of $150 million, previously embezzled by former Head of State, Gen. Sani Abacha. This development was announced by Catherine Colonna, the Minister of Europe and Foreign Affairs of France, who

November 3, 2023

Naira Falls To ₦1,530/$ At Official Market After Public Holiday

Africa·Business·Currency·News

Naira Trades Below N900/$1 At P2P, Spectators Lament

The Naira has orchestrated a comeback against the US dollar, creating waves across multiple markets. This represents a setback for currency speculators who had been betting against the Nigerian currency. For the first time since August 2023, the exchange rate has plummeted

November 3, 2023

Business·Currency

Naira Hits N972 On Binance As US Dollar Continues To Weaken In Black Market

Naira held its ground in the black market, while the US dollar faced further weakening, with traders speculating on the Federal Reserves’ stance on interest rate hikes

November 3, 2023

Finance & Economy·News

Senate Speedily Passes N2.176trn Supplementary Budget, Cites Dry Season As Reason

Nigerian Senate has post-haste approved the N2.176 trillion 2023 supplementary budget which President Bola Ahmed Tinubu transmitted to the upper legislative chambers on Tuesday.

November 2, 2023

N10 Trillion Spent On Refineries, But They Refuse To Work, Says Taiwo Oyedele

Business·Oil & Gas

NUPRC Wades Into Reason For Delayed Take-off Of Dangote Refinery, 5 Others

Nigeria’s failure to make crude oil available to the multi-billion dollar Dangote Refinery has been identified as reason for the delayed production of refined petroleum products at the facility. This came to the fore as the 650,000 barrels per day Dangote Refinery

November 2, 2023

Tinubu Condemns Violence In Rivers, Orders Police To Secure LG Council Secretariats

Business·Finance & Economy

Lithium, New Oil Tinubu Is Banking On To Refloat Nigeria’s Economy?

President Bola Tinubu recently asserted that “we have a line of sight to the foreign exchange we need to refloat this economy.”

November 1, 2023

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Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty

The government of Venezuela has condemned what it described as

Bank of Japan Poised to Lift Rates to 30-Year High as Inflation Pressures Persist

The Bank of Japan (BOJ) is set to raise its

SEC Orders Full Registration of Tradable Instruments by January 2026

The Securities and Exchange Commission (SEC) has ordered all Capital

UK Targets Sugary Milk Drinks as Government Tightens Health Levy

The UK Labour government has expanded its existing sugar tax

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Finance & Economy - Page 158

Tinubu Engages Labour Leaders in Midnight Meeting Over Planned National Protest

How ‘Virtual Fence’ Ranching Can Help Fulani Herdsmen, Stop Farmer-Herder Clashes In Nigeria

Dangote Repatriates Over $576 Million From African Operations, Affirms Commitment

SERAP Sues Tinubu, Demands Probe Into Missing Billions

26.5 Million Nigerians At Risk of Hunger In 2024, FAO Warns Amid Food Crisis

Tinubu Commends France For Returning $150m Abacha Loot

Naira Trades Below N900/$1 At P2P, Spectators Lament

Naira Hits N972 On Binance As US Dollar Continues To Weaken In Black Market

Senate Speedily Passes N2.176trn Supplementary Budget, Cites Dry Season As Reason

NUPRC Wades Into Reason For Delayed Take-off Of Dangote Refinery, 5 Others

Lithium, New Oil Tinubu Is Banking On To Refloat Nigeria’s Economy?

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Finance & Economy - Page 158

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