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Nigeria, World Bank Collaborate on Capital Market Funding for Infrastructure
FG has begun discussions with the World Bank to explore funding options for infrastructure development through Public Private Partnership (PPP). The Infrastructure Concession...
Olaitan Sodiq
Warri Refinery Undergoes Routine Maintenance, NNPC Denies Explosion Reports
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has announced that the Warri Refinery is undergoing a planned routine maintenance program aimed at...
Olaitan Sodiq
Nigeria Faces Fresh Price Hikes As 15% Ports Tariff Increase Takes Effect
NPA has announced a 15% increase in ports tariff, sparking concerns of a fresh price hike nationwide. Stakeholders in the sector have warned...
Olaitan Sodiq
NERC Releases Fresh Guidelines On Electricity Tariff Hikes
The Nigerian Electricity Regulatory Commission (NERC) has released new guidelines on electricity tariff hikes. The guidelines are based on the 2023 Electricity Act,...
Olaitan Sodiq
Dangote Refinery Begins Fuel Export To Saudi Arabia, Targets 550,000bpd Capacity
Dangote Petroleum Refinery has begun exporting fuel to Saudi Arabia, with two cargoes of jet fuel already sold. The refinery’s output currently stands...
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Naira Appreciates Against Dollar on Black Market
The naira has appreciated against the dollar at the parallel foreign exchange market, closing Monday’s trading with gains. According to a Bureau de...
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Nigerian Banks Raise N1.7trn in CBN’s Recapitalization Drive
Ngerian banks have raised N1.7 trillion in the first phase of the Central Bank of Nigeria’s (CBN) recapitalization drive. The development has contributed...
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Telecom Operators Warn NLC Against Planned Protest
Telecom operators in Nigeria have warned the Nigerian Labour Congress (NLC) against proceeding with its planned nationwide protest on February 4. The operators...
Olaitan Sodiq
