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We’ll stabilize food prices ahead of Ramadan – Kano traders assure residents
By Muhammad Alhaji
The traders in Kano have assured residents of the state of stabilizing prices of food and other essentials ahead of the month of Ramadan.
The traders made this known when they sought an audience with Chairman of!-->!-->!-->!-->!-->…
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Kano traders accuse Dangote, BUA of inflating prices of essential commodities
By Muhammad Alhaji
As Kano Public Complaint and Anti Corruption Commission (PCACC) begins closure of warehouses hoarding essential commodities in the state, some traders have accused Africa's richest man Aliko Dangote of Dangote Group!-->!-->!-->…
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Nigerians groan over hike in price of cooking gas, consider firewood as alternative
Many Nigerians residing in Benin city, capital of Edo State, have expressed concern over the hike in price of cooking gas, which now sells for N1,400 per kilogram.
Ekata Ogieva, a cooking gas vendor said that the recent increment in the!-->!-->!-->…
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Renewed Hardship: Group Laments Unprecedented Cost Of Living Crisis In Nigeria
A socio-political cultural group, Atunluse Initiative, has expressed concern over the rising cost of living occasioned by fuel subsidy removal and the devaluation of the naira.
Speaking with journalists in Akure on Sunday, the!-->!-->!-->…
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OBITUARY: Herbert Wigwe, An Undisputed Leader In The Economic Transformation Of Nigeria
The news of Herbert Wigwe's death shook the press on Saturday, Feb. 10, after losing his life in a tragic helicopter accident that occurred near the California-Nevada border in the United States of America (USA). Apart from Mr Wigwe, his!-->…
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Naira weakens to N1,500/$ at parallel market
The Nigerian currency, naira, on Wednesday, depreciated to N1,500 at the parallel section of the market.
The rate is a 3.45 percent decrease from the N1,450 per dollar recorded on Monday.
Currency traders in Lagos, also known as!-->!-->!-->!-->!-->…
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How we uncovered $2.4bn fraud in FX claims –CBN
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has narrated how the apex bank uncovered $ 2.4 billion fraud in Forex trading.
Cardoso made the revelation in an interview with Arise TV.
He said after the bank!-->!-->!-->!-->!-->…
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Naira appreciates against dollar
The naira, on Friday, appreciated at the official section of the foreign exchange market.
It gained 1.84 percent or N26.9 to close at N1,435 per dollar — from the N1,461.90/$ rate reported on Thursday.
During trading, the dollar!-->!-->!-->!-->!-->…
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UBA surpasses N1trn market capitalisation mark
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has joined the group of companies with a market capitalization of over N1 trillion, as its share price value hits N29.90 per share.
At the close of trading of the Nigerian Exchange!-->!-->!-->…
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NCC restores regulatory services to Globacom
The Nigerian Communication Commission (NCC) on Thursday said it has restored regulatory services to one of its licensees, Globacom Ltd., a telecommunications company after it successfully cleared its outstanding debt.
This was made!-->!-->!-->…
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