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Article 'FG Opens Recruitment for Federal Civil Service Positions – Deadline March 10, 2025'- Nigeria News
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Article 'Dangote Refinery Secures 12M Barrels of US Crude to Address Local Supply Gaps'- Nigeria News
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Everything You Need to Know About the NDDC Youth Internship SchemeI want to apply
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Pick n Pay has announced its exit from the Nigerian market, selling its 51% stake in a joint venture. This decision, part of a restructuring strategy, follows financial challenges since its 2018 entry. The company plans to focus on its successful Boxer division and aims for a Johannesburg Stock...
Since its establishment in 2019, TAJBank has rapidly become one of Nigeria's most prominent financial institutions. Recognized for its non-interest banking model, TAJBank attracts individual customers and corporate entities benefiting from its innovative, ethical, and financially inclusive...
Ghana plans to import petroleum products from the Dangote Refinery in Nigeria to lower fuel prices. The move aims to reduce reliance on costly European imports and enhance regional trade. The refinery, which can process 650,000 barrels per day, is expected to operate at full capacity by...
Air Peace, Nigeria’s largest airline, has debunked rumors of a fare increase on the Lagos-Abuja route, refuting claims of a ₦200,000 one-way ticket price. The airline clarified on X (formerly Twitter) that any official announcements regarding fare adjustments will only be made through verified...
The World Bank has criticized the Nigerian National Petroleum Company Limited (NNPCL) for its lack of transparency and inconsistent financial reporting, which hinders oil revenue oversight. The ARMOR Report urges Nigeria to implement fiscal reforms and diversify its revenue sources as it seeks a...
Dangote Cement has invested over $280 million in compressed natural gas (CNG) technology, becoming Nigeria's largest operator of CNG trucks. This initiative supports President Tinubu's drive for cleaner energy, aims to transition the fleet to CNG by 2026, and aligns with Nigeria's climate goals...
![Today's Naira Rate[28-10-2024]: Naira Plummets to N1,740 as Economic Stability Wavers](/data/attachments/209/209591-55c6b3b9b48c9727e0eab9cd8642d5bf.jpg?hash=PERHMQHP25)
The Nigerian naira has plunged to N1,740 per dollar in the parallel market, reversing earlier gains and raising concerns over economic stability. Minor appreciation was noted in the NAFEM, but analysts warn that supply shortages and increasing demand could lead to further depreciation in the...
![Today's Naira Rate[26-10-2024]: Naira Falls to N1,740/$ in Parallel Market as Official Rates Show Mixed Signals](/data/attachments/209/209550-8e774d4b46f10d5320d33103cc295370.jpg?hash=hFfFcRmkeL)
Nigeria
Today's Naira Rate[26-10-2024]: Naira Falls to N1,740/$ in Parallel Market as Official Rates Show Mixed Signals
The Naira depreciated to N1,740 per dollar in the parallel market while appreciating to N1,601.2 in the Nigerian Autonomous Foreign Exchange Market. Trading volume in the official market increased by 23%, widening the gap between parallel and official rates to N140 per dollar, signaling ongoing...
The IMF recently clarified that it had no involvement in Nigeria’s decision to remove fuel subsidies, emphasizing that the policy was a domestic choice. During a press conference, IMF's Abebe Selassie highlighted the need for social investments to mitigate the impact on vulnerable Nigerians amid...
Nigeria
TAJ Bank: Nigeria’s Ethical Banking Revolution – Non-Interest, Customer-Focused, and Innovative
TAJBank, Nigeria’s foremost non-interest financial institution, has firmly established itself as a leader in Sharia-compliant, ethical banking solutions. Since its inception, TAJBank has stood out in Nigeria’s economic landscape by providing a broad range of non-interest banking services...
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