About seven million Nigerian families will receive cash transfers before the end of 2025, as the Nigerian government has said it has disbursed N300bn to Nigerians
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FG suspends 4% FOB Customs charge after backlash, import costs to Drop
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Mixed fortunes as naira reverses two-week gain amid surge in reserves
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Depot owners protest as Dangote slashes petrol price by N259
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Shoprite stores close in two states as Lagos, Abuja outlets struggle with empty shelves
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Step-by-step guide to applying for FG’s Presidential Conditional Grant scheme, deadline in 6 days
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Top Nigerian states with highest, lowest external debts to China, IMF, others as Lagos leads
Nigeria has increased its debt servicing in the 12 months, with DMO data showing the states with the most and least external debts, led by Lagos state.
Nigerian Investors recover some monies as stocks reverse earlier loss
President Donald Trump's recent announcement hiking import tariffs to the US, triggered reactions across stock markets across the world including Nigeria.
Corps members should be paid with e-Naira – Blockchain expert proposes
3 years after launch, the e-naira is yet to live up to the many expectations listed by the CBN. A Blockchain expert suggested ways to increase adoption.
Shareholders lament loss of profits as 10 banks declare N20.8 trillion mandatory deposit with CBN
The Cash Reserve Ratio of 50% mandates Deposit Money Banks to keep 50% of their deposits idle with the CBN, without getting any interest paid on it.
China seeks to 'tariff-proof' economy as trade war with US deepens
China is trying to tariff-proof its economy by boosting consumption and investing in key industries, but analysts say it remains critically vulnerable to the economic storm triggered by Donald Trump's 104 percent levies on its goods.
Some US consumers in 'survival mode' as Trump tariffs arrive
American consumers braced for pain even ahead of President Donald Trump's hefty tariffs on imported products, which came into effect overnight Tuesday into Wednesday. "I am a libertarian on tariffs, always have been," he said Tuesday, adding he plans to pick up a new Apple iPhone on Wednesday in case prices rise.
Japan to sell more rice reserves as prices soar
Japan will sell more rice from its emergency stockpile through July in an attempt to stabilise soaring prices, the agricultural minister said Wednesday. "In order to stabilise rice prices that have soared, the government will sell off its reserve rice every month until this summer" when newly harvested rice enters the market, agricultural minister Taku Eto said.
Vietnam, Spain pledge to upgrade ties after tariff shock
The leaders of Spain and Vietnam pledged on Wednesday to upgrade ties to the highest level, as the two countries attempt to manage the fallout from enormous tariffs imposed by Washington.
India central bank cuts interest rates as Trump tariffs kick in
India's central bank cut interest rates in the world's fifth-largest economy on Wednesday as US President Donald Trump's tariffs kicked in and policymakers warned of "challenging global economic conditions".
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