Business Reports
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Stable Naira and Fairly Lower Prices Expected to Ease Inflation to 33%
The recent stability of the naira and mildly lower food and fuel prices should taper inflation to 33.1 per cent…
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Two Nigerian petroleum regulators failed to account for N313 billion – Audit report
Two agencies regulating Nigeria’s petroleum industry could not properly account for over N313 billion and their actions resulted in the…
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Holiday Bonanza: Dangote Reduces PMS Price to N899.50k
Dangote Petroleum Refinery has reduced the price of its Premium Motor Spirit (PMS) product to below N900 per litre, to…
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Cashless Policy: Nigeria’s Central Bank Limits POS Daily Withdrawal To N100,000
The Central Bank of Nigeria on Tuesday introduced a daily cash-out transaction limit of N100,000 per individual customer for Point-of-Sale…
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CBN awards OPay for financial inclusion innovation
OPay, Nigeria’s leading financial institution has been recognized with the prestigious IFIC Award for Financial Inclusion Innovation by the Central…
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PETROAN, Dangote seal deal to avert petrol scarcity in yuletide
The Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) has reached an agreement with the Dangote Refinery and Petrochemicals…
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WTO Urges Nigeria to Review Customs Procedures at Ports, Knocks High Rate of Physical Inspection
The Trade Policy Review organ of the World Trade Organisation (WTO) expressed concerns over the high rate of physical inspection…
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Dangote to meet PETROAN on fuel supply deal
The management of Dangote Refinery is set to meet with officials of the Petroleum Products Retail Outlet Owners Association of…
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Petrol Price landing cost drops to N971 per Litre …MEMAN
The Major Energies Marketers Association of Nigeria (MEMAN) has revealed that the landing cost of Premium Motor Spirit (PMS), commonly…
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No deadline on circulation of old naira notes, says CBN
The Central Bank of Nigeria (CBN) says Nigerians should disregard claims that the old naira notes will cease to be…
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