Economy
FG Unveils Measures to Strengthen Nigeria’s Gas-to-Power Value Chain
The Federal Government has announced new measures to reinforce Nigeria’s gas-to-power value chain, emphasising natural gas as the backbone of...
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Tinubu Launches Nigeria’s National Halal Economy Strategy to Tap $7.7 Trillion Global Market
President Bola Ahmed Tinubu has officially launched Nigeria’s National Halal Economy Strategy, a major initiative designed to position the country...
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NRS Chairman Advocates Shift from Raw Materials to Innovation-Driven Economy
Chairman of the Nigeria Revenue Service (NRS), Zacch Adedeji, has called for a paradigm shift from reliance on raw material...
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Unpaid FX Forwards Still Hurting Manufacturers Despite CBN’s Claims — MAN
The Manufacturers Association of Nigeria (MAN) has said that not all manufacturing companies have been paid for their unpaid foreign...
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Nigeria Signs Key Cooperation Agreement with IFC to Boost Bankable Infrastructure Projects
The federal government, through the Ministry of Budget and Economic Planning, has signed a cooperation agreement with the International Finance...
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Nigeria Saves Over N6 Trillion on Petroleum Imports Through Bold Downstream Reforms – NMDPRA
Nigeria’s downstream petroleum sector has saved over N6 trillion in petroleum product imports in just the first nine months of...
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FG Flags $120bn Annual Loss on Imported Refined Petroleum, Pushes for Local Refining
The federal government has expressed concern over Africa’s estimated $120 billion annual expenditure on imported refined petroleum products, describing it...
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FG Proposes N3.6tn FAAC Deduction to Fund Electricity Subsidies Over Three Years
The Federal Government has proposed a total deduction of N3.6 trillion from the Federation Account to fund electricity subsidies between...
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World Bank Hails Nigeria as Example of Credible Reform Leadership
The World Bank has described Nigeria as a country increasingly cited around the world as an example of steady and...
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Edun: Economic Reforms, Private Sector Key to Nigeria’s 7% Growth Target by 2028
The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has said sustained economic reforms and stronger...
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