Finance
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Nigeria’s GDP per capita falls to $824, worse than 1960 levels – AfDB President Adesina
Dr. Akinwumi Adesina, President of the African Development Bank (AfDB), has delivered a stark warning about Nigeria’s economic trajectory. In…
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Nigeria Fines Meta and WhatsApp $220 Million Over Data Privacy Violations
Nigeria’s Competition and Consumer Protection Tribunal has ordered Meta Platforms Inc. and its subsidiary WhatsApp to pay a $220 million…
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China signs major liquefied natural gas deals with UAE to replace US supply amid trade war
China is doubling down on its energy ties with the Middle East, sealing a string of long-term liquefied natural gas…
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7 ways the Swiss think about money — Why 1 in 7 Swiss Adults Is a Millionaire
Switzerland is known for many things — chocolate, watches, mountains — but there’s another standout trait that doesn’t get as…
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Nigeria Sovereign Investment Authority Reports Record ₦1.86 Trillion Profit Amid Oil Theft Decline
The Nigeria Sovereign Investment Authority (NSIA) has announced a record-breaking profit of ₦1.86 trillion for the 2024 financial year, marking…
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World Bank Approves $632 Million in Loans to Boost Nigeria’s Nutrition and Education Sectors
The World Bank has approved two new loans totaling $632 million to support key sectors in Nigeria, focusing on nutrition…
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Dangote Refinery Cuts Petrol Price to N825 Per Litre
Dangote Refinery has announced a reduction in the ex-depot (gantry) price of petrol by N65 per litre, lowering it from…
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Nigeria’s GDP Growth Hits 3.84% in Q4 2024, Driven by Services Sector
Nigeria’s Gross Domestic Product (GDP) expanded by 3.84% year-on-year in real terms during the fourth quarter of 2024, marking a…
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How Qatar is Quietly Buying the World
Qatar, a small but incredibly wealthy Gulf nation, has been steadily expanding its global footprint through strategic investments in real…
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Nigerian Government Spends $8 Billion to Stabilize Naira Amid Economic Challenges
The Nigerian government has reportedly spent approximately $8 billion in its ongoing efforts to stabilize the naira, yet the currency…
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