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News - Page 413

Opposition Figures Allege Clampdown on Rivals, Raise Alarm Over Threat to Nigeria’s Multi-Party Democracy

Prominent opposition leaders have raised the alarm over what they described as an escalating threat to Nigeria’s multi-party democracy, accusing the administration of President Tinubu of weaponising state institutions to intimidate and weaken political opponents, Prime Business Africa reports. In a joint

December 15, 2025

Africa·Business·News·World News

African Union Launches Continental AI Strategy To Transform Development Goals

African Union Endorses AI Strategy for Development The African Union (AU) has taken a significant step towards embracing artificial intelligence (AI) as a key driver of development across the continent. On 9th August, during the 45th Ordinary Session of the AU Executive

August 12, 2024

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 1st July 2025

Business·Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 12th August 2024

What is the Dollar to Naira Exchange rate at the black market, like the Aboki FX? The exchange rate for the US dollar (USD) to Nigerian Naira (NGN) in the parallel market also known as black market, especially the Aboki fx as

August 12, 2024

US Dollar's Share In Global Reserves Drops To 59% As BRICS Pushes De-Dollarization

Currency·News·World News

US Dollar Share In Global Reserves Drops To 59% As BRICS Pushes De-Dollarisation

US Dollar’s Global Reserve Share Falls to 59% in 2024 The US dollar, long considered the world’s leading reserve currency, has seen a significant decline in its share of global reserves. In 2024, the dollar’s share dropped to 59%, a notable decrease

August 12, 2024

Business·News

Inflation Pressure Hit Nigerian Business Activity, Dropping to 8-Month Low

Inflation Triggers Business Decline in Nigeria Nigeria’s business landscape faced a notable setback in July as inflation pressure led to a steep decline in business activity. The latest Purchasing Managers’ Index (PMI) report from Stanbic IBTC Bank revealed that the headline index

August 12, 2024

News

CNG Will Reduce Transport Costs By 70% – NASENI Boss

Executive Vice Chairman/CEO of the National Agency for Science and Engineering Infrastructure (NASENI), Mr. Khalil Suleiman Halilu, has said the adoption of Compressed Natural Gas as alternative fuel, will reduce transport cost by up to 70 per cent and deliver 40 per

August 12, 2024

SERAP sues Tinubu, govs over cybercrime law abuse

Business·Finance & Economy·News

SERAP Urges Tinubu To Investigate Alleged Mismanagement Of $1.5 Billion World Bank Loan

SERAP Demands Accountability for World Bank Loan The Socio-Economic Rights and Accountability Project (SERAP) has called on President Bola Tinubu to take decisive action in investigating the alleged mismanagement of a $1.5 billion World Bank loan meant for poverty reduction and social

August 12, 2024

Business·News

Heritage Bank: NDIC Begins Debt Recovery, Repays 86.36% Customers

The Nigeria Deposit Insurance Corporation (NDIC) said it has repaid 86.36 per cent of customers of the defunct Heritage Bank with the use of Bank Verification Number (BVN). The Corporation said the use of BVN-linked alternate accounts of the customers facilitated prompt

August 12, 2024

News

Uwazurike Identifies Culprits of ‘Igbo Must Go’ Campaign

Former President of an Igbo socio-cultural organisation, Aka Ikenga,Chief Goddy Uwazurike, has identified non Lagosians but Lagos based miscreants as the group responsible for the despicable ‘Igbo Must Go’ Campaign. He noted that the campaign has been going on for a long

August 11, 2024

Business·News

700,000 manufacturers, MSMEs Seek FG’s N150bn Loan To Survive Economic Challenges

About 700,000 manufacturers and micro, small, and medium enterprises (MSMEs) in Nigeria are eagerly waiting to benefit from the Federal Government’s N150bn loan scheme, designed to support businesses struggling with the current economic challenges. The Minister of Industry, Trade and Investment, Doris

August 11, 2024

Elumelu’s Transcorp Power Records 55.4% Revenue Increase In Q1

Business·News·Oil & Gas

Elumelu To Nigerian Govt: Tell Us Those Behind Oil Theft

The Chairman Of United Bank for Africa and Heirs Holdings, Tony Elumelu, has charged the Federal Government and security operatives to tell Nigerians those behind oil theft, which has over the years kept crude production below output target. The billionaire business and

August 11, 2024

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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

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 26th November 2025

What is the dollar-to-naira exchange rate on the black market,

CBN Further Raises Benchmark Interest Rate To 27.25%

CBN Holds Interest Rate At 27% — Fourth Time In 2025

The monetary policy committee (MPC) of the Central Bank of

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News - Page 413

Opposition Figures Allege Clampdown on Rivals, Raise Alarm Over Threat to Nigeria’s Multi-Party Democracy

African Union Launches Continental AI Strategy To Transform Development Goals

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 12th August 2024

US Dollar Share In Global Reserves Drops To 59% As BRICS Pushes De-Dollarisation

Inflation Pressure Hit Nigerian Business Activity, Dropping to 8-Month Low

CNG Will Reduce Transport Costs By 70% – NASENI Boss

SERAP Urges Tinubu To Investigate Alleged Mismanagement Of $1.5 Billion World Bank Loan

Heritage Bank: NDIC Begins Debt Recovery, Repays 86.36% Customers

Uwazurike Identifies Culprits of ‘Igbo Must Go’ Campaign

700,000 manufacturers, MSMEs Seek FG’s N150bn Loan To Survive Economic Challenges

Elumelu To Nigerian Govt: Tell Us Those Behind Oil Theft

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Opposition Figures Allege Clampdown on Rivals, Raise Alarm Over Threat to Nigeria’s Multi-Party Democracy

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CBN Holds Interest Rate At 27% — Fourth Time In 2025

Opposition Figures Allege Clampdown on Rivals, Raise Alarm Over Threat to Nigeria’s Multi-Party Democracy

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