Naira continues appreciation against US dollar as foreign reserves increase
The naira continued its appreciation against the United States dollar at the foreign exchange market on Friday, driven by a slight rise in Nigeria’s external re...
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Lagos makes global top 15 in 2025 nightlife rankings (Full List)
Lagos has once again earned global recognition, securing the 14th position in the latest ranking of the world’s best nightlife cities, and placing second on the...
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Battle over electricity tariff cut ranges as state commissioners back Enugu regulator
The controversy over electricity tariff reduction in states rages on as the state electricity commissioners on Wednesday backed the Enugu Electricity Regulatory...
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Naira records three straight depreciations against dollar as foreign reserves drop
Nigeria’s naira continued its depreciation streak against the dollar at the official foreign exchange market on Wednesday for the third straight time this week....
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Senate approves Tinubu’s $21bn foreign loan plan
The Senate has approved President Bola Tinubu’s external borrowing plan of over $21 billion for the 2025â2026 fiscal cycle.DAILY POST reports that the develop...
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Eight Nigerian banks have surpassed CBN recapitalization requirement— Cardoso
The Central Bank of Nigeria Governor, Olayemi Cardoso, has revealed that eight Nigerian banks have met its recapitalization requirement ahead of the 2026 deadli...
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Nigerians now have more confidence in naira—CBN Governor Cardoso
The Central Bank of Nigeria Governor, Olayemi Cardoso, has said for the first time in a long while, Nigerians are now having greater confidence in the naira. Ca...
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BREAKING: CBN MPC retains Nigeria’s interest rate at 27.50%
The Central Bank of Nigeria’s Monetary Policy Committee meeting has retained the country’s interest rate at 27.50 percent. The Governor of CBN, Olayemi Cardoso,...
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Real estate overtakes oil in Nigeria’s economy after GDP rebasing
The service, industry, and agriculture subsectors propelled Nigeria’s economy’s expansion to N372.8 trillion in 2024 ($145.3 billion) at the present exchange va...
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Mixed reactions as Enugu Govt announces electricity tariff reduction
Mixed reactions have trailed the recent order by the Enugu Electricity Regulatory Commission for Main Power to reduce its electricity tariff for Band A customer...
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Naira harmonisation achieved – Presidency
The presidency says Nigeria’s naira harmonisation across foreign exchange markets has been achieved under President Bola Ahmed Tinubu’s administration.Bayo Onan...
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BUA, Dangote Cement, others push NGX to N833 billion gain
BUA, Dangote Cement, First Bank Holding, and other firms’ stock pushedthe Nigerian stock market to continue its upward trend, with a gain of N833 billion on Thu...
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