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Article 'IMF Report: Nigeria's Economic Reforms Under Tinubu Falling Short of Expectations'- Nigeria News
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Article 'Dangote Refinery Eyes 650,000 Barrels Per Day with Billions in Funding'- Nigeria News
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Article 'FCTA Employees to Receive N70,000 Minimum Wage Starting November 2024'- Nigeria News
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Everything You Need to Know About the NDDC Youth Internship SchemeI want to apply
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Nigeria
Aliko Dangote and Femi Otedola Engage in Witty Banter Over Corporate Takeover Drama at Dangote Cement
At the Dangote Cement customers appreciation event in Lagos, Aliko Dangote, the President/Chief Executive of Dangote Industries Limited, extended a warm welcome to his billionaire friend, Femi Otedola, expressing openness to Otedola's potential corporate takeover of Dangote Cement.
During the...
Today at the Muhammadu Buhari Civic Centre, Alhaji Ahmed Usman Ododo was sworn in as the 5th Executive Governor of Kogi State, marking the dawn of a new era in the state's political landscape.
The inauguration, presided over by Kogi State Chief Judge, Justice Josiah Mejabi, witnessed a...
The Poultry Association of Nigeria (PAN) reports that more than half of the country's poultry farms closed their doors in 2023, signaling a crisis in the sector. Mr. Mojeed Iyiola, Chairman of the PAN Lagos State chapter, voiced the distressing situation during an interview with the News Agency...
Microsoft has revealed plans to lay off 1,900 employees at Activision Blizzard and Xbox. This move, constituting approximately 8% of the Microsoft Gaming division, comes just three months after the completion of Microsoft's $68.7 billion acquisition of Activision Blizzard.
The internal memo...
The Nigerian Naira has hit a record low of N1,410 against the US Dollar on the black market, reflecting a 3.29% drop from the previous day's closing rate. The sudden depreciation is attributed to increased demand for dollars, notably from businesses restocking, individuals pursuing overseas...
The Bureau of Public Enterprises (BPE), acting on behalf of the Federal Government, is in the process of selling five power plants under the National Integrated Power Projects (NIPPs) at an estimated cost of $1.15 billion. While sources suggest an international benchmark valuation exceeding $5...
Nigeria
Dangote Petroleum Refinery Partners with Key Industry Associations for Enhanced Product Distribution in Nigeria
Dangote Petroleum Refinery has registered key associations, MOMAN, IPMAN, and DAPPMAN, constituting 75% of Nigeria's total market share. This move is a strategic step, aligning with the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN), Independent Petroleum Marketers...
Nigeria
Forbes 2024: Africa's Richest Stage Comeback, Reach $82.4 Billion - Notable Gains, Challenges, and Shifts Unveiled
The fortunes of Africa's wealthiest have experienced a modest rebound in the past 12 months, overcoming a previous decline, as revealed by the 2024 Forbes list of Africa's Richest. The net worth of the top 20 billionaires now stands at a combined $82.4 billion, indicating a $900 million increase...
Nigeria
Femi Otedola Reveals Vision Behind Dangote Cement Shares Acquisition: Long-Term Wealth and Economic Growth for Nigeria
Billionaire investor Femi Otedola has released a comprehensive statement explaining his recent acquisition of shares in Dangote Cement, one of Nigeria's leading companies. The press release underscores Otedola's strategic approach, emphasizing long-term wealth preservation, export potential, and...
Nigeria
Internet Access Slashes Poverty by 7% in Nigeria and TanzaniaInternet Access Slashes Poverty by 7% in Nigeria and Tanzania - World Bank Report
A recent World Bank brief, titled "Digital Transformation Drives Development in Africa," reveals that improved internet access has contributed to a notable 7% reduction in extreme poverty in Nigeria and Tanzania over three years. The report also highlights an 8% increase in labor force...
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