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NNPC Ltd refutes allegations by former Vice President Atiku Abubakar that President Bola Tinubu is involved in the acquisition of NNPC Retail by...
Oando Plc has acquired the Nigerian Agip Oil Company from Eni for $783 million, doubling its stake in key oil blocks and increasing its total...
Dangote Petroleum Refinery plans to start petrol supply by mid-September, undergoing test runs for production. Initial delays pushed back the...
Nigeria's Federal Government reports that Togo and Benin owe $14.19 million for electricity supplied in Q1 2024. The Nigerian Electricity...
Since President Bola Tinubu's inauguration in May 2023, Nigerians have faced significant price hikes in essential goods and services, including...
A Chinese firm, Zhongshan Fucheng Industrial Investment Ltd, has repossessed a $57 million luxury jet owned by Nigeria in Canada, following the...
![Today's Naira Rate[22-08-2024]: Nigerian Naira Faces Pressure, Remains at N1600/$ Despite FX Market Gains](/data/attachments/207/207487-2f6d6883f23a034efccccca8e854a5ea.jpg?hash=bRaHhFf4n0)
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Today's Naira Rate[22-08-2024]: Nigerian Naira Faces Pressure, Remains at N1600/$ Despite FX Market Gains
The Nigerian naira remains at N1600/$ in the black market, despite recent improvements in Nigeria's foreign exchange market. The introduction of...
NNPC has repaid 60% of the $1.03 billion loan for its stake in Dangote Petroleum Refinery, amounting to $625 million. The stake has been reduced...
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