Business
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Inflation Soars to 29% Due to Food and Forex Challenges
Soaring food prices and foreign exchange pressures may have pushed up push inflation rate beyond 29 per cent, it was…
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Dangote Refinery begins production of Diesel and Aviation Fuel
The Dangote Petroleum Refinery has finally commenced production of diesel and aviation fuel. The largest single-train refinery in the world…
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Nigerian Banks Propel Stock Market to Second-Highest Global Gains in 2024
Nigerian equities are beating all peers in the Europe, Middle East and Africa region in 2024 as pension funds and…
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NBS Reports Lagos and Ogun Lead Internet Growth in 2023
Lagos and Ogun States are the top states with mobile Internet subscriptions in Nigeria in 2023. Kano, Bayelsa and Zamfara…
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Naira gains 19% to N874.79/$ in NAFEM
The naira yesterday appreciated N874.79 per dollar in the Nigerian Foreign Exchange Market (NAFEM). Data from FMDQ showed that the…
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Cadbury Board Initiates Sale of 402 Million Shares Due to $7.7 Million Debt Challenge
Cadbury Schweppes Overseas Limited, controlled by Mondelēz International Inc, is a major investor in Cadbury Nigeria with 74.97 percent stake.…
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Dangote Ready to Begin Production as Crude Supply Reaches 6 Million Barrels
The Dangote Petroleum Refinery, on Monday, announced its readiness to commence production of refined petroleum products as it received the…
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