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The CBN’s erratic dollar supply is impeding the naira’s recovery.
Currency traders have attributed the weakening of the naira and the volatility of the foreign exchange market to the Bureau...
DisCos Lament Outstanding Electricity Debts In 20 States
Electricity distribution companies in Nigeria have lamented that no fewer than 20 out of the 36 state governments in the...
Petrol price rises 28.35% to N770.54/ltr
In a recent report by the National Bureau of Statistics, the national average retail price of petrol surged by 28.35%...
Consumer Goods Companies report reduced margins
Consumer goods companies listed on the Nigerian Stock Exchange (NGX) have reported a significant uptick in their cost of production...
Bayelsa faces prolonged blackout as vandals destroy 13 transmission towers
Some parts of Rivers and Bayelsa states will experience months of blackout after vandals destroyed thirteen Transmission Company of Nigeria`s...
Rising yields on FGN Eurobonds heighten concerns about fiscal stability
Wave of apprehension is sweeping through the international investment community as yields on Nigeria’s Federal Government (FGN), Eurobonds have surged...
CBN Reintroduces Publication Of Key Economic Reports
The Central Bank of Nigeria (CBN) has reintroduced the publication of several key economic reports. CBN, in a statement on...
Equity market begins week with N404bn loss
Report states that the Nigerian equity market closed the first trading day of the week on a negative note, with...
NDIC pays Heritage Bank depositors with balances exceeding N5m
The Nigeria Deposit Insurance Corporation (NDIC) has said it has reimbursed 82.36 per cent of the customers of the defunct...
FG Lifts Suspension Of Arik Air’s Flight Operations
Federal Government has lifted the suspension on the operations of Arik Air. Michael Achimugu, the Director of Public Affairs and...
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