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Nigeria Loses N2.1 trillion
Nigeria lost N2.1 trillion as a result of crude oil production deferment in one year. The Nigeria Extractive Industries Transparency...
Federal Government slams new tax on telephone calls
The Federal Government has slammed a new tax on phone calls in the nation to fund free healthcare for the...
CBN denies plans to withdrawal naira notes from circulation
The Central Bank of Nigeria, CBN, has dismissed reports that it intends to replace the naira notes in circulation with...
Nigeria’s external reserves record decline of 0.63 percent
Nigeria’s external reserve lost $246.25 million during the week, representing a 0.63% decline from $39.04 billion. The decline in the...
Nigeria To Earn $2bn In Advertising
The Federal Government has said the Creative Industry and Advertising Sector will earn two billion dollars in advertising within three...
Customs Reviews Depreciation on Vehicle Duty
The Nigeria Customs Service has said it will review depreciation on vehicle duty as it begins the rollout of its...
Naira Falls to N604/$
The Naira fell to N604/$ at the parallel market from N565 at the start of the year. Nigerian BDCs attributed...
Investors Lose N204 billion naira
Investors have lost N204 billion in three consecutive trading sessions. The market had been outperforming other peers in recent weeks owing...
Nigeria Exchange Closes on a Negative Note
The Nigeria Exchange Limited closed on a negative note amidst sell-offs and buy-interests. The All-Share Index closed at 52,944.09 points...
Crude Oil Production Drops to 1.219 million in April
Nigeria’s crude oil production fell to an average of 1.219 million barrels per day in April 2022. This represents a...
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