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Day: January 24, 2024

Business News

IPMAN tackles NNPCL over delay in fuel supply

Web AdminJanuary 24, 2024January 24, 2024
The Independent Petroleum Marketers Association of Nigeria, IPMAN, has tackled the Nigerian National Petroleum Company Limited, NNPCL, for fuel supply delay. The National Vice President of IPMAN, Hammed Fashola, disclosed...
Business News

Naira appreciates massively against US dollar at forex market

Web AdminJanuary 24, 2024January 24, 2024
The Naira appreciated massively against the US Dollar at the foreign exchange market on Tuesday. Data from FMDQ showed that the Naira depreciated to N878.61 on Tuesday from N925.45 on...
Business News

US interested in doing business in Nigeria – Blinken

Web AdminJanuary 24, 2024January 24, 2024
U.S. Secretary of State, Anthony Blinken has reiterated the Americans commitment to investing in Nigeria’s economy. He disclosed this at a news briefing after meeting with President Bola Tinubu at...
Business News

BREAKING: Tinubu Heads to France on ‘Private Visit’

Web AdminJanuary 24, 2024January 24, 2024
President Bola Tinubu has departed Abuja for Paris, France, on a ‘private visit’. This was disclosed in a statement by Tinubu’s spokesman, Ajuri Ngelale, on Wednesday. The statement was silent...
Nigeria Explores Collaboration with Magnus Aircraft Group for Aircraft Manufacturing Capacity
Business News Other News

Nigeria Explores Collaboration with Magnus Aircraft Group for Aircraft Manufacturing Capacity

Web AdminJanuary 24, 2024January 24, 2024
The Minister of Aviation and Aerospace Development, Festus Keyamo, recently visited Magnus Aircraft Group in Hungary to explore potential collaboration on establishing an aircraft manufacturing and assembly capacity in Nigeria....
CBN Plans Monetary Policy Adjustment Amidst Inflation Target Achievement
Business News Other News

CBN Plans Monetary Policy Adjustment Amidst Inflation Target Achievement

Web AdminJanuary 24, 2024January 24, 2024
In anticipation of its first Monetary Policy Committee (MPC) meeting scheduled for the coming month, the Central Bank of Nigeria (CBN) has articulated plans to adjust monetary policy once it...
King Mohammed VI Invites Nigerian President Tinubu to Morocco, Focus on Bilateral Relations and Gas Pipeline Project
Business News Other News

King Mohammed VI Invites Nigerian President Tinubu to Morocco, Focus on Bilateral Relations and Gas Pipeline Project

Web AdminJanuary 24, 2024January 24, 2024
Moroccan King Mohammed VI has extended a gracious invitation to Nigerian President Bola Ahmed Tinubu for an official visit to Morocco. This invitation transpired during a recent phone call between...
Nigerian Exchange Records Significant Surge, Market Turnover Rises by 12.97%
Business News Other News

Nigerian Exchange Records Significant Surge, Market Turnover Rises by 12.97%

Web AdminJanuary 24, 2024January 24, 2024
In Tuesday's trading session, the domestic bourse witnessed a notable uptick, propelling the market turnover on the Nigerian Exchange Ltd. (NGX) to a 12.97% increase. Market data indicates a substantial...
Naira Strengthens Against US Dollar in Official Market, Faces Challenges Against Other Currencies
Business News Other News

Naira Strengthens Against US Dollar in Official Market, Faces Challenges Against Other Currencies

Web AdminJanuary 24, 2024January 24, 2024
The Nigerian naira displayed resilience in the official foreign exchange market on Tuesday, closing 5.1% stronger against the US dollar at N878.61/$1 in the Nigerian Autonomous Foreign Exchange Market (NAFEM)....

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Food Inflation Drops to 14-Year Low at 8.89% – NBS

Dangote Petroleum Refinery Hits 650,000 bpd as CDU, PMS Units Reach Full Capacity

Nigeria Produces 2.1 Million Metric Tonnes of Onions Annually — Marketers

Toyota Raises Profit and Sales Forecasts Despite US Tariff Challenges

T-Bill Subscriptions Hit N4.59trn as Investors Rush for High-Yield Government Securities

Police Ask NLC, TUC to Reschedule Tuesday’s Abuja Protest Over Security Concerns

Telcos Plan N1.4tn Network Expansion Investment in 2026 – NCC

Imported Petrol Undercuts Dangote as Price Gap Emerges

Nigerian Stock Market Drops N395bn as Investors Intensify Profit-Taking

Shell to Invest $20 Billion in Nigeria as Energy Reforms Boost Confidence

Oyetola Launches CVFF Application Portal to Boost Nigerian Ship Ownership

FG Deepens Digital Education Reform, Invites Private Tertiary Institutions to Join TERAS

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