The Nigerian government has secured a $500 million loan from the World Bank to boost the electricity sector and improve DisCos' performance nationwide.
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Traders increase price of rice, beans, Eggs across markets
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G20 nations agree central bank independence 'crucial'
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Nigerians react as Anambra releases state's highest taxpayers to counter Peter Obi
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Diesel prices increased in Nigeria as report lists 10 African countries with the highest prices
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Naira nears equal exchange rate at banks and black market as oil output surges
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GDP growth 2024: Six largest sectors of the Nigerian economy
The National Bureau of Statistics (NBS) has released its latest Gross Domestic Product (GDP) report and provided insight on the sectors performing.
Glittering dreams: India's big push for solar power
Vast lines of solar panels reflect the blazing sun in India's western deserts, a dazzling ocean broken only by bristling wind turbines. The Khavda plant in Gujarat state consists of some 60 million solar panels and 770 wind turbines spread over 538 square kilometres (208 square miles) -- almost the size of the sprawling megacity Mumbai.
The farm fires helping to fuel India's deadly air
Blazing flames light the sky as Indian farmer Ali Sher burns his fields to clear them for new crops, a common but illegal practice that is fuelling deadly pollution killing millions. - 'Land will become barren' - Some farmers are slowly shifting to better practices.
US wine merchants urge exclusions from blanket tariffs
As President-elect Donald Trump vows sweeping tariffs on even America's close partners once in office, US wine merchants and restaurateurs are watching with trepidation -- and pushing for exclusions they say will protect small businesses. "We hope that there would be exclusions for products that are especially important to American small businesses," Aneff said.
Defiant Adani says committed to compliance after US indictment
Indian billionaire Gautam Adani on Saturday said "attacks" on his company made it "stronger", days after US prosecutors accused him and other officials of fraud. "What I can tell you is that every attack makes us stronger and every obstacle becomes a stepping stone for a more resilient Adani Group," he said at an awards ceremony in the northern Indian city of Jaipur.
US 'Black Friday' online spending put at record $10.8 bn
American consumers spent a record $10.8 billion online during "Black Friday" promotions, with many using artificial intelligence tools to find the best deals, Adobe Analytics announced Saturday. As Black Friday promotions continue, online consumers are expected to spend an additional $5.2 billion on Saturday and $5.6 billion on Sunday, Adobe said.
CBN fines 29 Nigerian banks N15bn for anti-money laundering, counter-terrorism violations
For violating anti-money laundering (AML) and counter-terrorism financing (CTF) regulations, the Central Bank of Nigeria (CBN) fined 29 banks a total of N15 billion.
CBN gives simple solution as cash dries up in ATMs, sends message to UBA, GTB, others
Due to the persistent cash scarcity at ATMs, the governor of the Central Bank of Nigeria, Dr. Olayemi Cardoso, is planning to punish careless financial institutions.
Dangote makes over N3bn in 24 hours, gets new position in world’s billionaire list
Aliko Dangote has moved up on the list of the world's billionaires after earning over N3 billion in just 24 hours, while Elon Musk continues to lead globally.
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