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Thursday, April 25, 2024

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Economy

President Jonathan Approves New Fiscal Policy Measure On Rice

As part of  federal government’s effort to encourage local production and  investment in rice value chain through backward integration and the quest to discourage...

Niger Delta Fishermen Reject $50 Million From Shell As Compensation

Thousands of Nigerian fishermen have rejected an offer of $50 million from Royal Dutch Shell for “some of the largest oil spills in history,”...

FG Records Colossal Drop Of N1.43 Trillion In Crude Oil Sales

A document obtained from the Budget Office of the Federation has  revealed an  enormous drop of 1.43 trillion in crude oil sales in the...

India Now Largest Importer Of Nigeria’s Crude Oil – NNPC

Oil-rich Nigeria said on Thursday that India has replaced the United States as its largest crude importer, accounting for more than a quarter of...

National Confab Delegates Call For National Carrier And Dredging Of Niger River

In continuation of the plenary session of the National Conference, delegates yesterday considered the report of the Transportation Committee headed by Senator Musa Adede,...

#GoodNews: Nigeria Listed As Number One Destination For Foreign Investors

Regardless of the several ill-news emanating from Nigeria, not everything is all gloomy about the most populous black nation on the surface of the...

Inflation Rises To 8% In May Due To Higher Food Prices

Nigeria's year-on-year consumer price index (CPI) which measures inflation rose to eight per cent in May compared to 7.9 per cent the previous month,...

Fuel Scarcity Feared As Independent Marketers In NUPENG Threaten Strike

Members of the independent marketers' branch of the Nigerian Union of Petroleum Natural Gas Workers (NUPENG) rose from their national executive council meeting in...

Iran Offers Assistance On Nuclear Technology To Help Nigeria Boost Electricity

NAN - Mr Saeed Koozechi, the Iranian Ambassador to Nigeria on Monday said Iran was willing to offer assistance on nuclear technology to boost...

State Governments Raise N520 Billion Debt In 6 Years

Sixteen states of the federation have raised bonds totalling N520 billion in the last six years without clear outlines on how the funds were...

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