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Envoy Urges Stronger China-Nigeria Economic Ties
Chinese Consul General calls for enhanced cooperation between China and Nigeria, emphasizing growing trade and investment connections at the China-Nigeria…
Nigeria Needs $7.6b to hit 2.1mbpd by 2025
Nigeria would need about $7.6 billion to restore oil production to 2.1m/bpd by 2025 from the current 1.3m/bpd as of September.
Naira’s Volatility Sparks Economic Uncertainty in Nigeria
The consequences of Nigerian Naira's instability against the US dollar, rattling Nigeria's economic landscape
Big Losses for 6 Manufacturing Companies
Six prominent manufacturers in Nigeria grapple with substantial losses, exacerbated by currency devaluation and increasing interest rates, impacting the nation's economy.
Tinubu : Domestic Refining to End Imports and Boost Economy
Nigeria's struggle with importing petroleum products despite its abundant oil reserves has raised concerns. As smaller domestic refineries face delays and supply issues persist,…
Fitch: Stable Credit for Nigeria, Flags $10bn Forex Concerns
In the latest evaluation by Fitch Ratings, Nigeria's long-term foreign-currency issuer default outlook stands firm at 'B-' with a stable outlook
Crude Shortage Delays Dangote Refinery and Others
A shortage of crude oil supply has led to production delays at the Dangote Refinery and other domestic refineries in Nigeria. This setback hampers efforts to reduce the country's…
Central Bank of Nigeria Refutes Redenomination Rumors
Central Bank Of Nigeria Denies Naira Redenomination Rumors: Official Statement Clarifies Currency's Future
Nigeria & Germany Partner to Unlock $700 Billion in Mineral Wealth
Nigeria is on the verge of unlocking its vast mineral wealth, valued at over $700 billion, thanks to a pioneering partnership with German technology company GeoScan GmbH.
MTN Faces $72.5 Million Tax Dispute with FIRS
MTN, one of the telecommunications industry's heavyweights, is currently entangled in a $72.5 million tax dispute with the Federal Inland Revenue Services (FIRS). This financial…