Live Breaking News & Updates on Pascal oparada

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FG Moves to Merge CBN's NIRSAL Microfinance Bank With Bank of Agriculture

The Nigerian government is considering the merger of CBN's NIRSAL Microfinance Limited with the Bank of Agriculture to boost food security in Nigeria.

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Nigeria Spends $3.5 Billion Repaying IMF, World Bank, Other Loans in 2023

The federal government of Nigeria spent about %3.509 billion on debt servicing in 2023, a 55% increase from the 2022 figure, showing a dependence on external loans.

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Nigerians React as Dealers Crash Rice Price, Survey Shows Cheapest Brands

Nigerians across the country have reported a crash in the price of rice from N90,000 to between N63,000 and N60,000, depending on location and the brand.

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Senate Committee Discloses Port Harcourt Refinery's Readiness

Members of the Senate Ad-Hoc Committee investigating the rehabilitation of the Port Harcourt Refinery stated that the facility is about 90% ready.

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Naira Loses Ground Against The Dollar as CBN Speaks on Forex Sale to BDCs

The Nigerian currency, the naira, has crashed against the US dollar as speculations are rife that the CBN is defending the naira with FX reserves

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Nigerian Breweries Moves to Acquire Another Wine Company, Shuts Down Two Plants

The Nigerian Breweries has said that it will conclude the acquisition of majority share in Distell Wines and Spirits by the end of June this year.

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NPA Secures $700m Facility From Citibank To Rehabilitate Apapa, Tin-Can Ports

The Nigerian Ports Authority has obtained $700 million to rehabilitate the Tin-Can Island, the Apapa ports in Lagos, and ports in the south east.

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Another African Country Overtakes Nigeria as Top Oil Producer

Libya overtook Nigeria as Africa's biggest oil-producing country for the month of March, with Nigeria coming second with 1.23mbpd of crude oil daily.

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BDCs Send Message to CBN on Use of Foreign Currency as Collateral as Naira Opens Strong Against USD

The Association of Bureau de Change Operators of Nigeria (ABCON) has thrown its weight behind CBN's policy banning banks from using FX as collateral.

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British Airways, Other Foreign Airlines Crash Airfares Further on Lagos-London Route

More foreign airlines have crashed their airfares further on the Lagos to London routes, attributing it to the rise in naira value against the US dollar.

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Live Breaking News & Updates on Pascal oparada

The Nigerian Ports Authority has obtained $700 million to rehabilitate the Tin-Can Island, the Apapa ports in Lagos, and ports in the south east.Lagos , Nigeria , Apapa , Calabar , Cross-river , Escravos , Delta , United-kingdom , Edun , Nigeria-general- , Nigerian , Ireti-samuel-ogbu

More foreign airlines have crashed their airfares further on the Lagos to London routes, attributing it to the rise in naira value against the US dollar.France , Abuja , Abuja-federal-capital-territory , Nigeria , London , City-of , United-kingdom , Qatar , Lagos , Ethiopia , Turkey , British

The Nigerian Ports Authority has obtained $700 million to rehabilitate the Tin-Can Island, the Apapa ports in Lagos, and ports in the south east.

Lagos , Nigeria , Apapa , Calabar , Cross-river , Escravos , Delta , United-kingdom , Edun , Nigeria-general- , Nigerian , Ireti-samuel-ogbu

More foreign airlines have crashed their airfares further on the Lagos to London routes, attributing it to the rise in naira value against the US dollar.

France , Abuja , Abuja-federal-capital-territory , Nigeria , London , City-of , United-kingdom , Qatar , Lagos , Ethiopia , Turkey , British