National Economy
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CBN Introduces Daily N100,000 Cash-Out Limit for POS Agents
The Central Bank of Nigeria (CBN) has announced new stringent regulations for Point-of-Sale (POS) agents, introducing a daily cash-out transaction…
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Nigeria’s Inflation Rate Hits 34.60%
Nigeria’s inflation rate increased to 34.60% in November 2024, up from 33.88% in the previous month, according to the National…
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Nigeria Slashes IMF Debt by 64% with $1.22 Billion Repayments
Nigeria has made some progress in reducing its International Monetary Fund (IMF) debt, paying off $1.22 billion over just nine…
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Foreign Investment Drought: 32 Nigerian States Struggle to Attract Capital in 2024
In a troubling economic revelation, the latest National Bureau of Statistics (NBS) data shows that 32 out of 36 Nigerian…
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Tax Reforms Promise Benefits for All Nigerians, Says Oyedele
Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, has detailed how the proposed tax reforms…
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Economic Downturn Pushes More Nigerians Below N100,000 Monthly Income Threshold
A stark economic reality has emerged in Nigeria as the number of workers earning below N100,000 ($80) monthly has surged…
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Presidency Partners with Tuface to Promote MSME Development, Job Creation
The Job Creation and Micro, Small and Medium Enterprises (MSMEs) Secretariat in the Office of the Nigerian Vice President has…
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Nigerian Onion Farmers Face Over 50% Post-Harvest Losses, Warn of Impending Price Hikes
Nigeria’s onion producers are sounding the alarm over a storm of challenges threatening the industry, with crippling post-harvest losses, soaring…
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Economic Reforms Show Early Signs of Success – Wale Edun
Nigeria’s Finance Minister and Economic Coordinator Dr. Wale Edun, has said that the country’s economic climate is showing positive signs…
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Makinde Approves ₦80,000 Minimum Wage for Oyo State Workers
The Oyo State Government has approved a ₦80,000 minimum wage for its workforce, State Commissioner for Information and Orientation, Dotun…
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