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Economic news with real-world context. Scan Naira, market movements, and business decisions to understand their impact on everyday life beyond numbers and statistics - markets with meaning.

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Nigeria Business News Digest: Markets, Money, and Meaning

Economic news with context. Scan the market, Naira movements, and business decisions, and understand their impact on everyday life.
The Digest: Nigerian oil workers' union PENGASSAN has directed its members to immediately cut off all gas and crude oil supplies to Dangote...
A major confrontation is escalating in Nigeria's energy sector as PENGASSAN has threatened to completely shut down operations at Dangote Refinery...
In a move that will immediately impact millions of Nigerians, fuel marketers have confirmed plans to increase petrol prices nationwide after...
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Key points: Official CBN Rate (NAFEM): ₦1,480.66 / $1 Black-Market Rate: ₦1,495 / $1 Drivers: Low FX demand, improved liquidity, CBN...
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The Digest: Nigerians face imminent increases in fuel costs as Dangote Petroleum Refinery announces the suspension of petrol sales in naira...
Key Points: Official CBN Rate: ₦1,488.26 / $1 Black-Market Rate: ₦1,500 / $1 Drivers: Stronger reserves at $43bn, CBN support, moderated FX...
The Digest: In a significant consolidation move within Nigeria's financial sector, Providus Bank and Unity Bank have obtained shareholder...
The Digest: In an official response to growing labor concerns, Dangote Petroleum Refinery has refuted reports of mass staff dismissals, framing...
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