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Latest News in Nigeria - Page 78

Nigeria's Equity Market Declines By 1.99% in March Despite Weekly Gains

Nigerian Equity Market Sees 1.19% Decline Amid Trading Volume Drop

Nigerian Equity Market Drops by 1.19% On October 3, 2024, the Nigerian equity market witnessed a significant decline, with the All-Share Index (ASI) dropping by 1.19%, shedding 1,167.97 points to close at 97,064.42. The drop marks a second consecutive session of losses,

October 4, 2024

Business·News

NBS Reports National Cost Of Healthy Diet Dropped To N1,255 In August

NBS Reports Drop in Cost of Healthy Diet for August 2024 The National Bureau of Statistics (NBS) has revealed that the average daily cost of a healthy diet per adult in Nigeria decreased in August 2024. The report showed a drop to

October 4, 2024

Business·FEATURES·News

Growing Concern As Nigerian States Trapped In Debt Despite Rising Revenues

Nigerian states are trapped in a cycle of rising debt despite the increased revenue allocations from the Federation Account. With the removal of the petrol subsidy, many expected an economic boost. However, a paradox has emerged; states are borrowing more, and their

October 3, 2024

Business·Markets·News

Nigeria’s Equity Market Drops 0.33% As Investors Lose N188bn In First October Trade

Nigeria’s Equity Market Starts October with Decline Nigeria’s equity market opened the month of October 2024 with a significant loss, as the Nigerian Exchange Limited (NGX) recorded a 0.33% decline. Investors saw N188 billion wiped off their holdings on the first trading

October 3, 2024

Business·News·Oil & Gas

Nigerian Government Exempts VAT On Diesel, LNG, CNG, Electric Vehicles To Lower Energy Costs

FG Announces VAT Exemption for Diesel, LNG, CNG, and Electric Vehicles The Federal Government has introduced a new value added tax (VAT) exemption on energy products, including diesel, Liquefied Natural Gas (LNG), Compressed Natural Gas (CNG), and electric vehicles. This move is

October 3, 2024

Business·News

Nigeria’s Cryptocurrency Transactions Reach $59bn In 1 Year Amid FX Crisis

Cryptocurrency Use Increases as Nigeria Faces Economic Pressure Cryptocurrency usage in Nigeria is growing rapidly as the country battles a weakened currency and high inflation. According to a new report from blockchain research firm Chainalysis, Nigeria has become the second-largest country globally

October 2, 2024

Port Harcourt Refinery Fails to Meet Production Deadline After 7th Postponement In 2024, NNPC Remains Silent

Business·News·Oil & Gas

Port Harcourt Refinery Misses 7th Production Deadline, NNPC Remains Silent

The Port Harcourt Refinery in Rivers State has once again failed to commence operations, despite multiple promises from the Nigerian National Petroleum Company Limited (NNPC) and the Ministry of Petroleum Resources. This marks the seventh postponement of the refinery’s production, with the

October 2, 2024

#Nigeria@64: A Nation In Adolescence, Struggling To Find Its Economic Path

Business·FEATURES·News

#Nigeria@64: A Nation In Adolescence, Struggling To Find Economic Path

As Nigeria marks its 64th independence anniversary, its economy is at a crossroads. While 64 years in human terms signifies retirement, in the life of a nation, it can be seen as adolescence — a phase marked by growth, potential, and challenges.

October 2, 2024

Emirates To Suspend Flights To Nigeria Over Inability To Repatriate Earnings

Business·News

Emirates Airlines Resumes Flights To Nigeria After 2-Year Suspension

Emirates Airlines resumed its flight operations to Nigeria on Tuesday after a two-year suspension caused by unresolved issues, including foreign exchange restrictions. Its Flight EK 783 landed at Lagos Murtala Muhammad International Airport (MMIA) at 3:32 pm, marking the first time the

October 2, 2024

nigeria independence day design template eaeeedfec screen

Editorial·News

#Nigeria@64: A Silent Struggle Beneath The Celebrations

As Nigeria marks her 64th independence anniversary, the celebration, much like in previous years, will be subdued. Behind the modest fanfare lies a stark reality—the economy, in the words of many, is “not smiling.” Though a 25-year milestone in democracy is indeed

October 1, 2024

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Latest News in Nigeria - Page 78

Nigerian Equity Market Sees 1.19% Decline Amid Trading Volume Drop

NBS Reports National Cost Of Healthy Diet Dropped To N1,255 In August

Growing Concern As Nigerian States Trapped In Debt Despite Rising Revenues

Nigeria’s Equity Market Drops 0.33% As Investors Lose N188bn In First October Trade

Nigerian Government Exempts VAT On Diesel, LNG, CNG, Electric Vehicles To Lower Energy Costs

Nigeria’s Cryptocurrency Transactions Reach $59bn In 1 Year Amid FX Crisis

Port Harcourt Refinery Misses 7th Production Deadline, NNPC Remains Silent

#Nigeria@64: A Nation In Adolescence, Struggling To Find Economic Path

Emirates Airlines Resumes Flights To Nigeria After 2-Year Suspension

#Nigeria@64: A Silent Struggle Beneath The Celebrations

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Nigeria’s New Tax Law: Why Doubts Are Growing

Nigeria’s Military Claims 2025 Wins, But Warns: Terrorists Just Relocating

Dollar Sells For N1,429/$ In Official Window, USD Rate Unchanged In Black Market

Air Peace Denies “Dumping” Passengers in Barbados, Blames Immigration Authorities

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Nigeria Revenue Service Unveils New Identity, Logo as Transition From FIRS Takes Effect

Tinubu Expresses Confidence in Stronger Economic Growth as Nigeria Enters 2026

Nigeria’s New Tax Law: Why Doubts Are Growing

Nigeria’s Military Claims 2025 Wins, But Warns: Terrorists Just Relocating

GivTrade Secures UAE SCA Category 5 Licence

Nigeria Launches N590bn Power Sector Bond to Clear GENCO, Gas Arrears

Dollar Trades Flat In Black Market, Appreciates In Official Window

Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty

Nigeria Revenue Service Unveils New Identity, Logo as Transition From FIRS Takes Effect

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Latest News in Nigeria - Page 78

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