Sunday, November 24, 2024

Economy

NNPC increases price of petrol to N617

The Nigerian National Petroleum Corporation has increased the price of petrol from N537 to N617. Multiple NNPC fuel stations in Abuja sold the product at...

Nigeria monthly inflation at 7-year high after fuel subsidy removal

Nigeria recorded its highest monthly inflation rate in seven years in June, after President Bola Tinubu scrapped petrol subsidy and allowed the devaluation of...

Naira’s rapid fall prompts CBN intervention

The Central Bank of Nigeria is intervening to prevent the naira from falling more rapidly a month after the government eased controls for the...

Tinubu seeks N500 billion support for Nigerians after fuel subsidy removal

President Bola Tinubu has asked the National Assembly to authorize his government to spend N500 billion in supporting Nigerians following his government's removal of...

Only 9 Nigerian states got foreign investments in first quarter of 2023

Capital inflows into Nigeria declined 28% in the three months through March to $1.1 billion compared with a year ago, with 28 states receiving...

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