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Latest News in Nigeria - Page 85

Nigeria’s Oil Sector: A Crisis Of Leadership, Corruption, Poor Governance

The oil sector has long been Nigeria’s economic lifeblood, contributing the bulk of its foreign exchange earnings and government revenue. Yet, despite the nation’s immense crude oil reserves, the industry is riddled with corruption, mismanagement, and leadership failures. The result is a

September 18, 2024

More Than 90% Of Nigerian Youths Fear Country Is Moving In The Wrong Direction- Report

FEATURES·News

More Than 90% Of Nigerian Youths Fear Country Is Moving In Wrong Direction- Report

Nigerian Youths Losing Faith in the Nation’s Future A new report from the 2024 African Youth Survey has shed light on a growing concern among Nigerian youths about the future of their country. According to the survey, an overwhelming 94% of Nigerian

September 18, 2024

Guinness Nigeria Plc Gains NGX Approval For Block Divestment Deal Worth N103bn

Business·Markets·News

Guinness Gains NGX Approval For Block Divestment Deal Worth N103bn

Guinness Gets NGX Green Light for N103 Billion Block Divestment Guinness Nigeria Plc has secured the approval of the Nigerian Exchange Limited (NGX) for a significant block divestment deal valued at N103 billion. This move involves the sale of 1.27 billion ordinary

September 18, 2024

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

Business·Markets·News

Nigeria’s Equity Market Rises By 0.23%, Investors Focus On Long-Term Prospects

Equity Market Opens with Gains Amid Mixed Signals Nigeria’s equity market started the shortened trading week on a positive note, driven by investor interest in banking and consumer goods stocks. Despite significant profit-taking in insurance, industrial, and oil & gas stocks, the

September 18, 2024

Business·News

CBN Limits Ways And Means Advances To 5% Despite National Assembly’s Proposal For Increase

CBN Maintains 5% Limit on Ways and Means Advances The Central Bank of Nigeria (CBN) has said it will cap its Ways and Means Advances to the Federal Government at 5% for the fiscal years 2024 and 2025. This decision comes despite

September 17, 2024

Business·News·Oil & Gas

Crude-for-Naira Deal To Ease Fuel Prices, Availability From October 1- NECA

Crude-for-Naira Deal to Start from October 1 The Crude-for-Naira initiative, set to begin on October 1, 2024, has generated wide reactions across Nigeria, with key industry players expressing optimism. The agreement struck between the Nigerian National Petroleum Company Limited (NNPCL) and Dangote

September 17, 2024

FAAC Disburses N3.473trn To FG, State, LG In Q2- NEITI

Business·News

FAAC Disburses N3.473trn To FG, States, LGs In Q2 – NEITI

NEITI Report Shows Slight Increase in FAAC Allocations The Federation Accounts Allocation Committee (FAAC) has disbursed N3.473 trillion to the federal, states, and local governments in the second quarter of 2024, reflecting a 1.42% increase compared to the first quarter. This information

September 17, 2024

News

Nigeria’s Flooding Crisis: A Pathway To Health Disaster

Flooding in Northern Nigeria: A Looming Health Crisis The recent flooding in northern Nigeria has once again highlighted the country’s vulnerability to natural disasters, but the real concern is the public health disaster that may follow. With hundreds of thousands of people

September 16, 2024

Google, Netflix, Facebook Pay N2.55trn Tax To Nigeria In 6 Months- Report

Business·News

Google, Netflix, Facebook Pay N2.55trn Taxes To Nigeria In 6 Months- Report

Foreign Companies Contribute N2.55tn in Taxes Foreign companies such as Google, Netflix, and Facebook paid N2.55 trillion in taxes to Nigeria during the first half of 2024. This amount marks a significant increase of 158.76% compared to N985.27 billion collected during the

September 16, 2024

Naira-for-Crude Policy: Bold Economic Reform Or Risky Gamble For Nigeria's Future?

Business·FEATURES·News·Oil & Gas

Naira-for-Crude: Bold Economic Reform Or Risky Gamble For Nigeria’s Future?

Nigeria Introduces Naira-for-Crude Policy Nigeria has long been a major player in the global oil market, exporting its crude oil in exchange for US dollars, the dominant currency in international trade. This practice, while in line with global norms, has led to

September 16, 2024

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Latest News in Nigeria - Page 85

Nigeria’s Oil Sector: A Crisis Of Leadership, Corruption, Poor Governance

More Than 90% Of Nigerian Youths Fear Country Is Moving In Wrong Direction- Report

Guinness Gains NGX Approval For Block Divestment Deal Worth N103bn

Nigeria’s Equity Market Rises By 0.23%, Investors Focus On Long-Term Prospects

CBN Limits Ways And Means Advances To 5% Despite National Assembly’s Proposal For Increase

Crude-for-Naira Deal To Ease Fuel Prices, Availability From October 1- NECA

FAAC Disburses N3.473trn To FG, States, LGs In Q2 – NEITI

Nigeria’s Flooding Crisis: A Pathway To Health Disaster

Google, Netflix, Facebook Pay N2.55trn Taxes To Nigeria In 6 Months- Report

Naira-for-Crude: Bold Economic Reform Or Risky Gamble For Nigeria’s Future?

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Remembering Ambakina Moses Jitoboh

Iran’s Supreme Leader Ayatollah Khamenei is confirmed dead

Israeli PM Claims Khamenei Targeted in Strikes, Fate Remains Unclear

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HURIWA Challenges New IGP Disu to Tackle Deep-Rooted Corruption, Indiscipline in Nigeria Police

US-Iran Conflict Could Fuel Inflation in Nigeria – CPPE

Ex-Iranian President Ahmadinejad Killed in Tehran Airstrike

Iran Strikes Kill Three in UAE Amid Gulf Attacks

Dangote Cement Records 20% Increase in 2025 Revenue

Aston Martin to Cut 20% of Workforce Over Rising Losses

CPPE Warns Nigeria’s $6bn Capital Inflow Surge May Be Fragile Despite Rebound

Ellah Lakes’ N235 Billion Public Offer Falls Flat: Investors to Receive Refunds

HURIWA Challenges New IGP Disu to Tackle Deep-Rooted Corruption, Indiscipline in Nigeria Police

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Latest News in Nigeria - Page 85

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