After months of relentless inflation and public frustration over soaring food costs, Nigeria’s food prices are beginning to show signs…
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Investor Confidence Boosts Nigeria’s Marketing Sector with $26.39m Inflow
Nigeria’s marketing sector has recorded a fresh inflow of $26.39 million as investors show renewed confidence in the industry. Data…
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Nigeria Moves to Secure $1.75bn World Bank Loan Amid Economic Reforms
The Federal Government has approached the World Bank for a fresh $1.75 billion loan to support ongoing economic reforms and…
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Nigeria’s Crude Oil Output Surges to Six-Month High in July
Nigeria’s crude oil production rose to its highest level in six months in July, signaling a modest recovery for Africa’s…
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Nigeria’s Non-Oil Export Earnings Surge to $3.2bn in First Half of 2025
Nigeria’s non-oil export sector recorded a significant upswing in the first half of 2025, generating $3.2 billion in revenue, according…
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India Snaps Up Nigerian Crude as Dangote Refinery Turns to U.S. Oil Imports
India has emerged as a key buyer of Nigerian crude oil in recent months, filling a gap left by the…
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AJE Group Unveils State-of-the-Art Production Line to Boost Output
AJE Group, a leading multinational beverage manufacturer, has commissioned a new production line aimed at increasing output and meeting growing…
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RMRDC Seeks Major Reduction in Nigeria’s Raw Material Imports
The Raw Materials Research and Development Council (RMRDC) has called for a 60% reduction in Nigeria’s raw material imports to…
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UAC Nigeria Sees 14% Profit Decline to N7.36bn in First Half of 2025
UAC of Nigeria Plc has reported a 14% year-on-year drop in profit after tax, sliding to N7.36 billion for the…
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Dangote Refinery Resumes Petrol Sales After Week-Long Halt, Adjusts Pump Price Upwards
The Dangote Petroleum Refinery has resumed the sale of Premium Motor Spirit (PMS) after suspending supply for one week, with…
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