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Impact Analysis: Nigeria's New Tariff Hike to Save Billions in Subsidy Costs"
Nigeria Impact Analysis: Nigeria's New Tariff Hike to Save Billions in Subsidy Costs"
Nigeria News
2 min read
The government has announced a substantial reduction in monthly electricity subsidy expenses. This decision comes in the wake of a recent tariff...
Naira Strengthens: Surprising Surge to N1,260 per Dollar Rocks Foreign Exchange Market
Nigeria Naira Strengthens: Surprising Surge to N1,260 per Dollar Rocks Foreign Exchange Market
Nigeria News
1 min read
Amidst fluctuations in Nigeria's foreign exchange market, the Naira demonstrated a surprising appreciation, climbing to N1,260 per dollar in the...
Traders on Edge as Customs FX Rate Surges to N1,330/$, Exceeding Official Market
Nigeria Traders on Edge as Customs FX Rate Surges to N1,330/$, Exceeding Official Market
Nigeria News
1 min read
Recent developments in Nigeria's foreign exchange landscape reveal a noteworthy surge in the customs exchange rate for import duties, exceeding...
Relief for Industries: Dangote Refinery Begins Local Diesel Distribution at Affordable N1,225/Litre Rates
Nigeria Relief for Industries: Dangote Refinery Begins Local Diesel Distribution at Affordable N1,225/Litre Rates
Nigeria News
1 min read
Nigeria's Dangote oil refinery commenced supplying petroleum products to the local market, marking a significant stride in the nation's pursuit of...
Nigerians Outraged Over Proposed 300% Increase in Electricity Tariffs Amid Economic Hardships
Nigeria Nigerians Outraged Over Proposed 300% Increase in Electricity Tariffs Amid Economic Hardships
Nigeria News
1 min read
Power companies in Nigeria are set to implement a significant increase in electricity tariffs, raising rates to N200 ($0.15) per kilowatt-hour...
Forbes 2024: Nigerian Powerhouses Dangote, Adenuga, Rabiu, and Otedola Make Prestigious Billionaires List
Nigeria Forbes 2024: Nigerian Powerhouses Dangote, Adenuga, Rabiu, and Otedola Make Prestigious Billionaires List
Nigeria News
1 min read
Aliko Dangote, Mike Adenuga, Abdulsamad Rabiu, and Femi Otedola emerged as the only Nigerians featured in Forbes' 2024 billionaires list...
Currency Traders Cheer as Naira Strengthens to N1,250 Per Dollar
Nigeria Currency Traders Cheer as Naira Strengthens to N1,250 Per Dollar
Nigeria News
1 min read
The Nigerian naira saw an appreciation to N1,250 per dollar in the parallel foreign exchange market on Monday, marking a 0.43 percent increase...
Nigerian Government's Denial Hampers Air Peace's International Operations, CEO Says
Nigeria Nigerian Government's Denial Hampers Air Peace's International Operations, CEO Says
Nigeria News
1 min read
Allen Onyema, the CEO of Air Peace Airlines, revealed the challenges his airline faced due to what he described as internal and external...
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