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G7 oil release set to ease diesel pressures

European diesel prices may come under pressure in the near term following the decision by the Group of Seven to…

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Federal Government pays $22.5m in charges on controversial UAE loan

The Federal Government paid $22.5m in charges on its controversial $1.5bn Total Return Swap financing from First Abu Dhabi Bank…

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Two-day profit-taking drags NGX down by N894bn

The Nigerian equities market closed the final trading session of September on a pronounced bearish note, extending its downward momentum…

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States generate N114bn from road taxes in three years

The 36 states generated N113.94bn from road taxes between 2023 and 2025, an analysis of data from the National Bureau…

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NMDPRA plans gas distribution licensing round

The Nigerian Midstream and Downstream Petroleum Regulatory Authority has announced plans to open a digital licensing round for gas distribution…

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Free zones attract $200bn FDI, create 500,000 jobs – FG

The Federal Government has said Nigeria’s free trade zones have attracted more than $200bn in foreign investment and over N900bn…

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NNPC’s oil security claims rise to N11.2tn

The Nigerian National Petroleum Company Limited recorded claims totalling N11.2tn from the Federation in 2025 for costs and advances incurred…

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