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    Home » Economic News

    Category: Economic News

    Nigeria to Commission First Crude Export Facility in 50 Years

    Nigeria is set to commission its first crude oil export terminal in more than five decades, marking a milestone for the nation’s petroleum industry. President…

    Victor Adeyemi October 3, 2025
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    Nigeria among world’s poorest in trade

    Nigeria’s position in the global economic space has once again come under the spotlight as experts warn that the country continues to rank among the…

    Tolani Kehinde September 29, 2025
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    Suspension of Import Levy Saves Nigeria from Price Hike

    The Manufacturers Association of Nigeria has welcomed the government’s decision to suspend the 4 percent Free-on-Board import levy, describing it as a timely intervention that…

    Tolani Kehinde September 17, 2025
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    Naira Strengthens to N1,497/$ as FX Inflows and Reserves Rise

    The Nigerian naira made a strong comeback on Monday, regaining ground against the United States dollar and closing below the N1,500 mark for the first…

    Tolani Kehinde September 16, 2025
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    FG Halts 4% Levy on Imports

    The Federal Government has stepped back from the recently introduced 4 percent Free on Board charge on imported goods, offering relief to traders, businesses, and…

    Tolani Kehinde September 16, 2025
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    Nigeria Records 40% Growth in Non-Oil Revenue

    The Presidency has announced that Nigeria is witnessing one of its strongest fiscal performances in recent history, with non-oil revenues surging by over 40 percent…

    Tolani Kehinde September 4, 2025
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    T2 Strikes Multi-Million-Dollar Partnership with India

    Telecommunications provider T2, formerly known as 9mobile, has entered into a landmark agreement with India’s Knot Solutions in a deal worth several millions of dollars.…

    Tolani Kehinde September 4, 2025
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    Tinubu Declares End to Domestic Borrowing

    President Bola Ahmed Tinubu has announced that the Federal Government is no longer borrowing from local banks, describing the move as a sign of Nigeria’s…

    Tolani Kehinde September 3, 2025
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    Chinese Traders Now Accepting Naira

    For years, Nigerians have watched the naira lose its strength against the dollar. Every trip to the market, every import deal, and every international payment…

    Tolani Kehinde September 2, 2025
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    Tinubu Applauds Capital Market Growth During Brazil Meeting

    President Bola Tinubu has expressed strong confidence in Nigeria’s capital market, describing its current growth as remarkable and reflective of investor faith in his administration’s…

    Tolani Kehinde August 27, 2025
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