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Finance & Economy - Page 267

Finance & Economy·News·Nigeria·Top Stories

What Nigeria’s 15.10% Inflation Rate Drop Means

Nigeria’s headline inflation rate fell to 15.10% in January 2026, the latest figures from the National Bureau of Statistics (NBS) show, extending a run of gradual declines that has lasted for almost a year. The figure is slightly lower than the 15.15%

February 16, 2026

Entrepreneurship·News

FUTMINNA, German Firm Partner On Financial Training For Entrepreneurs

Federal University of Technology, Minna (FUT, Minna) and the German Development Cooperation (GIZ) have concluded arrangements to organise free online financial literacy training, a skill acquisition programme for young entrepreneurs in the Nigeria.

February 15, 2022

Oil & Gas

Fuel Sells For N400/Litre In Abuja, Others As Scarcity Persists In Lagos

Prime Business Africa has gathered that residents of Abuja and neighbouring states of Niger and Nasarawa are still facing tough times sourcing for Premium Motor Spirit, popularly called petrol, with the commodity selling for as high as N400/litre by black marketers. This

February 14, 2022

Labour·News

ASUU Again Embarks On Indefinite Nationwide Strike

The Academic Staff Union of Universities (ASUU) has declared another indefinite nationwide strike which takes effect from Monday, February 14, 2022, over unmet demands by the Federal Government.

February 14, 2022

Finance & Economy·News·Top Stories

Global Economy Set For Moderate Growth In 2022

Analysts expect the global economy to grow moderately in 2022E after the initial post-COVID boost in 2021FY due to uncertainties relating to new variants of the pandemic, fading impact of monetary and fiscal stimulus, and lingering supply chain constraints. The Bureau of

February 13, 2022

Oil & Gas

Nigeria’s Oil Production Rises By 202,000 Barrels As OPEC Increases Output

Nigeria increased oil production by 202,000 barrels per day (bpd) in January, compared to a recorded decline in December last year, as the major Oil cartel decided to maintain higher output. This was disclosed by the Organization of Petroleum Exporting Countries (OPEC),

February 11, 2022

NNPCL Denies Inflating Fuel Subsidy Payments

News·Oil & Gas

NNPC May Spend N201 Billion To Clean Up Dirty Fuel

To clean up the 170.25 million litres of methanol-laden premium motor spirit (PMS) imported into the country, the Nigerian National Petroleum Company (NNPC) may need as much as N201 billion, an equivalent of some $480.8 million in conservative exchange rate. The Chief

February 11, 2022

Court Set Date To Hear Oando’s Scheme Of Arrangement For Minority Shares

News·Oil & Gas

Dirty Fuel: Oando Denies, Vows To Assist NNPC Identify Root Causes

Nigerian indigenous oil marketer, Oando Plc, early Friday morning, denied involvement in the raging controversy over the importation of about 170.25 million litres of methanol-blended Premium Motor Spirit (PMS), which, new reports claim, could cost as much as N201 billion to clean

February 11, 2022

African Development Bank President, Akinwumi Adesina

Africa·Finance & Economy·News

COVID-19: Adesina Urges African Leaders To Build Effective Healthcare System

African leaders have been called on to learn lessons from the COVID-19 pandemic experience and build strong health defense systems to buffer healthcare challenges in the continent in future.

February 10, 2022

News·Oil & Gas

MRS Denies Importing Contaminated Fuel Into Nigeria

MRS Oil, one of the major players in the downstream sector of Nigerian oil and gas industry has debunked the allegation in circulation on media platforms that it imported contaminated Premium Motor Spirit (PMS) also known as fuel into the country.

February 9, 2022

Fuel Scarcity Looms In South-East, South-South, Others As IPMAN Threatens To Stop Supply

Oil & Gas

Adulterated Petrol: 100 Million Litres Affected, Say Marketers

Emerging reports claimed that oil marketers estimated that about 100 million litres of contaminated petrol were imported into Nigeria and had been recalled by the Pipelines Product Marketing Company, a subsidiary of the NNPC. Therefore, federal government is said to overseas supplier,

February 9, 2022

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‘CBN’s Interest Rate Remains High, Choking Businesses’

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Trump Threatens 100% Tariffs on Canadian Goods Over China Trade Deal

U.S. President Donald Trump has threatened to impose 100 per

Nigeria Tightens Rules for Courier Companies Using Prepaid Imports

Nigeria’s customs authority has introduced new rules for courier companies

Behind the Geregu Power Sale: Politics and a $750m Deal

The sale of Geregu Power, one of Nigeria’s largest electricity

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Finance & Economy - Page 267

What Nigeria’s 15.10% Inflation Rate Drop Means

FUTMINNA, German Firm Partner On Financial Training For Entrepreneurs

Fuel Sells For N400/Litre In Abuja, Others As Scarcity Persists In Lagos

ASUU Again Embarks On Indefinite Nationwide Strike

Global Economy Set For Moderate Growth In 2022

Nigeria’s Oil Production Rises By 202,000 Barrels As OPEC Increases Output

NNPC May Spend N201 Billion To Clean Up Dirty Fuel

Dirty Fuel: Oando Denies, Vows To Assist NNPC Identify Root Causes

COVID-19: Adesina Urges African Leaders To Build Effective Healthcare System

MRS Denies Importing Contaminated Fuel Into Nigeria

Adulterated Petrol: 100 Million Litres Affected, Say Marketers

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Soludo’s New Market Design: Why Onitsha Traders Must Tread Carefully

Soludo’s New Market Design: Why Onitsha Traders Must Tread Carefully

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Nigeria Tightens Rules for Courier Companies Using Prepaid Imports

Behind the Geregu Power Sale: Politics and a $750m Deal

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Finance & Economy - Page 267

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