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Friday, April 4, 2025

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Naira devaluation drives Nigeria’s public debt to N134 trillion

Nigeria’s total public debt stock has surged by N12.6 trillion in just three months, reaching N134.3 trillion ($91.3 billion) by the end of the...

CBN reports Nigeria’s external reserves rises to $40.2 Billion

  The Central Bank of Nigeria (CBN) has announced that Nigeria’s external reserves reached $40.2 billion as of October 18, 2024. Deputy Governor of Economic Policy,...

We would raise VAT on luxury goods to 15% – FG

The federal government would apply a 15 per cent Value Added Tax (VAT) on luxury products, according to Mr Wale Edun, Minister of Finance...

Dangote Refinery denies fresh case against NNPCL, says Tinubu already addressing issues

Dangote Refinery has denied reports of a new legal case against the Nigerian National Petroleum Corporation Limited (NNPCL), asserting that the matter stems from...

Dangote Refinery drags NNPCL, AA Rano, others to court over petroleum import licenses

Dangote Petroleum Refinery and Petrochemicals has sued the Nigerian National Petroleum Company Limited (NNPCL), Matrix Petroleum Services Limited, AA Rano Limited, and four other...

Petrol importation resumes as Dangote refinery fails to meet target

Due to the Dangote Refinery's incapacity to provide the nation's substantial fuel needs, petroleum marketers have started importing petrol again. AFRIPOST gathered that between Friday,...

Stakeholders call for govt action to address rising egg prices

The Poultry Association of Nigeria (PAN) in Lagos State, along with other industry stakeholders, has expressed serious concerns over the sharp increase in egg...

Naira falls to N1,725/$ in parallel market 

The Naira weakened further in the parallel market today, dropping to N1,725 per dollar from N1,710 per dollar recorded on Thursday. In contrast, the Naira...

Labour lauds Sanwo-Olu for approving N85,000 minimum wage

  The organised labour has lauded Lagos State Gov. Babjide Sanwo-Olu’s approval of N85,000 minimum wage for the state workers. In interviews with the News Agency...

Edo Gov-elect Okpebholo warns banks against last-minute loans, alerts security agencies to alleged looting

Senator Monday Okpebholo, the governor-elect of Edo State, has issued a stern warning to banks and financial institutions against approving last-minute loans or financial...

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