Business

World Bank Approves $2.25 Billion to Support Nigeria’s Economic Reforms

The World Bank has approved $2.25 billion in financing to aid Nigeria's economic stability efforts and bolster support for vulnerable populations. This includes $1.5...

High Costs of Sallah Rams Cause Concern in Northern Nigeria

As the Sallah festival approaches, many residents in northern states are rushing to buy rams, expressing frustration over the high costs of the sacrificial...

Dangote Expands Refinery Storage and Urges Fuel Quality Enforcement

Alhaji Aliko Dangote, President of the Dangote Group, has announced plans to expand the storage capacity of his refinery by 600 million liters, increasing...

Economic Risks of Minimum Wage Hike Without Productivity Boost, Warns Rewane

Bismarck Rewane, Managing Director of Financial Derivatives Company Limited, highlighted the serious economic risks of increasing Nigeria’s minimum wage without a corresponding rise in...

Foreign Investors Withhold Funding for 20 Modular Refineries Due to Crude Supply Concerns

Foreign investors set to fund the construction of around 20 modular refineries in Nigeria have put their plans on hold due to uncertainties about...

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