Economy
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Tinubu’s power reforms target six DisCos’ ownership, management
The ownership and management structure of at least six indebted electricity distribution companies (DisCos) would be changed in new…
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CBN Raises Interest Rate To 18.75%
The Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR), which measures interest rate, from 18.5…
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Just In: Fuel Price increases To N617 Per Litre
The price of Petrol has increased to about N617 per litre, Daily Trust can report A visit to an NNPC…
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Nigeria’s Poultry Industry Faces Collapse as 25m people may lose jobs
The Poultry Association of Nigeria (PAN) has decried the high cost of maize prices and the scarcity of the…
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Anxiety as POS operators set to increase charges
Baring any last minute change, Users of Point of Sales (POS) will be greeted with new service charge beginning…
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Access Bank to acquire Standard Chartered’s in Five sub-Saharan African countries
Standard Chartered Plc says it has reached an agreement to sell its subsidiaries in sub-Saharan Africa to Access Bank, a…
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FG sets to collect VAT from Market Traders , informal sector
The Federal Inland Revenue Service (FIRS) says it has partnered with the Market Traders Association of Nigeria (MATAN) for…
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Discos backtrack on tariff hike, await NERC approval
Power distribution companies, on Monday, backtracked on their earlier announcement of a tariff hike projected to take effect from July…
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CBN directs banks to demand customers’ social media handles for account opening
The Central Bank of Nigeria (CBN) has issued guidelines requiring banks to collect and verify social media handles as…
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Sterling Bank Accelerates Nigeria’s EV Race With Qore
From left: Group Head, Channel Operator, Sterling Head Office, Abubakar Soyemi; Group Head, Energy, Dele Faseemo; Permanent Secretary, Ministry of…
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