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“N11,000 Flight Charge No Longer Realistic” – FG

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"N11,000 Flight Charge No Longer Realistic" - FG

The Director-General of the Nigerian Airspace Management Agency (NAMA), Farouk Umar, has warned that the N11,000 charge currently imposed on airlines per flight is...

“Nigeria’s Gross Domestic Increases By 4.23%” – NBS

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"Nigeria's Gross Domestic Increases By 4.23%" - NBS

Nigeria’s Gross Domestic Product rose by 4.23 per cent year-on-year in real terms in the second quarter of 2025, according to the latest figures...

Naira Appreciates To N1,518/$ In Parallel Market

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Naira Appreciates To N1,518/$ In Parallel Market

The Naira yesterday appreciated N1,518 per dollar in the parallel market from N1,520 per dollar on Monday. However, Naira depreciated to N1,493.2 per dollar in...

FIRS Defends FG’s Borrowing Framework As Legitimate

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FIRS Defends FG’s Borrowing Framework As Legitimate

The Federal Inland Revenue Service, FIRS, yesterday defended the federal government’s borrowing plan, insisting that debt remained a legitimate component of every national budget. It...

“Nigeria’s Eight-month Debt Service Bill Rises To $2.86bn” – CBN

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Petrol Import Spending Reduces By 54% To $6.7bn In Two Years

Nigeria spent a total of $2.86bn servicing external debt in the first eight months of 2025, according to the international payment data from the...

Cardoso Reaffirms Commitment To Enhance Financial Stability

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Cardoso Reaffirms Commitment To Enhance Financial Stability

The Central Bank of Nigeria (CBN) has reaffirmed its commitment to shaping global regulatory frameworks for stablecoins and other digital assets, emphasizing that innovation...

CBN Seeks Governors’ Support On Monetary Policy Reforms

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CBN Gives One-month Ultimatum To Financial Institutions, Others For Dual PoS Connectivity

The Central Bank of Nigeria (CBN) has called for the support of state governors across the federation for its ongoing monetary policy reforms, aimed...

NFEM Records Dollar Strengthening Against Naira At Exchange Rate Today

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NFEM Records Dollar Strengthening Against Naira At Exchange Rate Today

The Nigerian Foreign Exchange Market (NFEM) recorded a strengthening of the Naira against the US Dollar on October 28, 2025, while the parallel market...

Naira, Stocks Weakens After Trump’s Military Threat

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Naira, Stocks Weakens After Trump’s Military Threat

Nigeria’s financial markets began November 2025 on a sour note as the naira and equities weakened sharply following remarks by United States President Donald...

FG Unveils Plans To Boost Food Production

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FG Unveils Plans To Boost Food Production

The Federal Government has unveiled new agricultural reforms aimed at ending hunger, boosting food production, and reducing post-harvest losses estimated at over $10bn annually,...

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