Category: Economy
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Kano Govt to spend N600m on Dawanau International grains market
The Kano State Agro-pastoral Development Project (KSADP), has approved about N600 million for provision of facilities at the Dawanau International Grains Market.
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Economy: African leaders under AU must quickly activate Continental Free Trade Area – Dakuku Peterside
The immediate past DG/CEO of Nigerian Maritime Administration and Safety Agency (NIMASA) Dr Dakuku Peterside, has said sustainable development of the African maritime sector is crucial to unlocking the potentials of the continent and making it a huge contributor to the world economy.
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Marketers raise alarm over rising price of cooking gas
The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) has raised the alarm over the rising price of liquefied petroleum gas (LPG), otherwise known as cooking gas, in the country.
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How petrol price jumped from N189 in Aug 2022 to N626 in Aug 2023
The National Bureau of Statistics (NBS), says the average retail price of a litre of Petrol increased from N189.46 in Aug. 2022 to N626.70 in Aug. 2023.
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Over $23bn revenue generated by oil and gas in 2021 – NEITI
The Nigeria Extractive Industries Transparency Initiative (NEITI) said the oil and gas industry generated over $23billion in 2021.
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Mobilise finance to meet sustainable development, NESG advises govt’
The Nigerian Economic Summit Group (NESG) on Monday, said mobilising finance in high-growth sectors was critical towards achieving sustainable development in Nigeria.
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Tinubu set to depart Nigeria for UNGA78 summit
Nigeria’s President, Bola Ahmed Tinubu, is set to depart for New York, United States, on Sunday to attend the Annual Meeting of World Leaders at the United Nations General Assembly, UNGA78. The theme for the 78th session, “Rebuilding Trust and Reigniting Global Solidarity: Accelerating Action on the 2030 Agenda and its Sustainable Development Goals towards…
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Nigeria’s inflation rate hits 25.80%
The National Bureau of Statistics (NBS) says Nigeria’s headline inflation rate increased to 25.80 per cent in August 2023.
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Food prices continue to soar in Nigeria
The National Bureau of Statistics (NBS) says prices of food items such as beef, tomatoes, beans, and yams witnessed increases in July.
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FG takes $163 million loan from AfFB
The Federal Government has obtained a 163 million USD loan from the African Development Bank, according to Vice President Kashim Shettima.