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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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The Central Bank of Nigeria (CBN) has approved the sale of dollars to Bureau de Change (BDC) operators at N1,580 per dollar, providing each BDC...
Heineken Lokpobiri, Nigeria's Minister of State for Petroleum, clarified that the federal government does not fix petrol prices as the sector is...
The naira plummeted to N1,639.41 per dollar in the official market, marking a significant decline of N34 from the previous day. The black market...
The Nigerian National Petroleum Company Limited (NNPCL) attributes the recent petrol price hike to foreign exchange rates and market forces...
Dangote Group has clarified that NNPC has not yet lifted petrol from its refinery, disputing claims made in a recent article. The company...
Dangote Refinery's new transparent petrol, unlike the traditional yellow, features a high ethanol content. This enhances engine efficiency...
The recent hike in petrol prices in Nigeria has led to over a 50% increase in transport fares nationwide. Commuters are struggling to afford...
Nigeria's exchange rate fell to a six-month low of N1,625.88 per dollar on August 4, 2024, indicating ongoing economic challenges. The naira's...
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