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Business
Nigeria’s Pension Fund Assets Reach N23.32 Trillion in March 2025, Posting Modest Monthly Growth Amid Robust Yearly Gains
Nigeria’s pension fund assets inched up to N23.32 trillion in March 2025, reflecting a slight 0.27% increase from the N23.26…
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Business
Markets Shudder, Oil Prices Surge as Israel Strikes Iran’s Nuclear Sites
Global markets plunged and oil prices spiked on Friday after Israel launched coordinated strikes on Iranian nuclear and military infrastructure,…
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Business
Oil Exports Hit N12.96tn in Q1 2025 as Local Refineries Struggle for Crude Supply
Despite a robust N12.96 trillion earnings from crude oil and petroleum product exports in the first quarter of 2025, Nigeria’s…
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Business
Petroleum Imports Fall by ₦11.7 Trillion in One Year as Local Refining Gains Momentum
The National Bureau of Statistics (NBS) has reported a sharp decline in Nigeria’s petroleum product import bill, with the country…
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Business
Manufacturing Exports Plunge by ₦746bn as MAN Blames Soaring Interest Rates and Hostile Business Climate
Nigeria’s manufacturing sector is facing renewed pressure as exports fell sharply by ₦746.38 billion in the first quarter of 2025,…
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Business
Nigeria’s Push for 2 Million Barrels Per Day Stalls Again as Oil Output Slips in May
Efforts by the Nigerian Government to ramp up daily oil production to over two million barrels have suffered another setback,…
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