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    FG Proposes N13.98 Trillion Spending in 2022, Raises USD4 billion to Finance Projects…

    In the just concluded week, the Senate approved the Federal Government’s N13.98 trillion proposed spending for the fiscal year 2022. The breakdown of the approved appropriation bill showed...

    Nigeria Seeks $400 Billion to Build Electricity Generation, Transmission and Distribution Infrastructure

    Nigeria needs more than $400 billion to meet its energy requirements and achieve zero emissions from fossil fuel. The bulk of the money — $310...

    Highlights Of President Muhammadu Buhari #UNGA76 Speech

    Opening: The President congratulates UN Secretary General, Antonio Guterres on his re-election and thanks him for re-appointing Nigeria’s Ms. Amina Mohammed as Deputy Secretary General. On...

    British Petroleum, Glencore Suits Allege Oil Trading Role in Nigerian Elections

    Lawsuits in London and New York have shed light on how fees that trading firms paid agents to win oil contracts from Nigeria’s state...

    JPMorgan Counters CBN’s 2.5% and 3% Growth Estimate, See Nigeria Economy Growth 1.5% in 2021

    The recovery of Africa’s biggest economy from last year’s coronavirus pandemic-induced contraction could be slower than previously expected. Nigeria’s economy is likely to expand by...

    Nigeria targets 2022 oil production of 1.88 mln bpd, GDP growth of 4.2%, N410.15/$

    The Nigerian government expects the country to produce 1.88 million barrels per day of crude oil in 2022 and will use a benchmark oil...

    Lawmaker probes abandoned coal power projects in Nigeria’s coal-rich central belt

    ABUJA, Sept 22 (Reuters) - Nigerian and foreign companies that were granted licences in 2015 to mine coal and generate power from it have...

    UPDATED: Nigeria raises $4 billion Eurobond on healthy investor demand

    By Chijioke Ohuocha Nigeria raised $4 billion via a Eurobond issue on Tuesday after investors demanded more than four times the amount on offer, the...

    A fifth of Nigeria’s youthful workforce lost their jobs due to Covid

    ABUJA, Sept 21 (Reuters) - Around 20% of workers in Nigeria have lost their jobs as a result of COVID-19, the government's statistics office...

    Nigeria’s central bank denies it’s threatening to seize dollar accounts

    There is no plan to convert dollars, pounds, or any other foreign currencies in Nigerians’ bank accounts to naira, says the Central Bank of...

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