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Oil Price Rises
Oil prices have witnessed a steady rise since the crisis between Russia and Ukraine. Brent crude dropped marginally to $92.25...
NIA Pays N11billion on Losses During 2020 #EndSARS Protest
The Nigerian Insurers Association, NIA, has said insurance companies paid N11bn claims on losses suffered during the 2020 #EndSARS protest....
House of Reps Calls for Synergy Between APCN and Social Media Giants
The House of Representatives has called on the Advertising Practitioners Council of Nigeria to liaise with social media giants and...
Naira Closed at N416.5 at the Investors and Exporters Window
The exchange rate between the naira and the US dollar closed at N416.5/$1 at the official Investors and Exporters (I&E)...
IMF Urges Federal Government to Stop Fuel Subsidy
The International Monetary Fund, IMF, has urged the Nigerian government to stop subsidizing fuel. A statement issued at the end...
Reps to Investigate Unclaimed Funds in Commercial Banks
The House of Representatives’ Ad Hoc Committee on Unclaimed Funds in the Nigerian Commercial Banks has begun investigation of funds...
FGN Bond Over-subscriptions Hit N1.61 trillion
Investors committed about N3.36tn to Federal Government bonds between January and December 2021. According to an analysis of the FGN...
External Reserves Falls Below $40billion.
The Central Bank of Nigeria, CBN says the external reserves have fallen below the $40billion mark to the lowest point...
Buhari Approves Upward Reviews of Duty Allowance for Public Officers
President Muhammadu Buhari has approved a 100 per cent upward review of Duty Tour Allowance to officers in the federal public service....
African Airlines Record Low Revenue
The African Airlines Association, AFRAA, says African airlines revenue has remained low with many operators battling cash-flow issues. A statement issued...
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