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Nigeria’s inflation continued to decelerate in August, with headline inflation falling for the third consecutive month to 15.39% from… The post Why 18% returns make you richer in Abia but poorer in Lagos appeared first on Nairametrics.
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The Federal Government through the RMAFC has moved to ensure equitable distribution of the 13% derivation fund among oil-producing states through the re-verification of disputed and newly drilled oil and gas wells. The post FG moves to ensure equitable 13%…
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Nigeria’s push to expand compressed natural gas (CNG) as an alternative transport fuel is entering a crucial stage, with the success of the… The post CNG adoption faces supply and safety hurdles as Nigeria expands rollout, expert says appeared first…
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Cryptocurrency billionaire Changpeng Zhao’s net worth rose by $9.76 billion in 24 hours to $91.2 billion, according to Forbes’ real-time… The post Binance founder Changpeng Zhao’s net worth jumps $9.8bn in 24 hours to $91.2 billion. appeared first on Nairametrics.
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Nigeria’s edible oil tanker drivers have threatened to commence industrial action from September 22 over alleged interference in their operations by the Petroleum Tanker Drivers (PTD) branch of the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG). The General…
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Nigeria’s push to expand the adoption of compressed natural gas (CNG) as an alternative to petrol and diesel is facing a combination of financing, infrastructure, safety and operational challenges, with vehicle owners saying that the potential savings from cheaper fuel…
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President Bola Tinubu has said more Nigerians should begin to see measurable reductions in transportation costs from October 1, citing the more than N3.5 billion in transport costs he said CNG-powered buses saved commuters in Kaduna in their first year…
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The Lagos Waste Management Authority (LAWMA) has sealed businesses along Ago Palace Way over persistent illegal waste dumping and arrested 11 persons for unauthorised waste disposal on Lagos Island. The post LAWMA seals businesses over illegal dumping along Ago Palace…
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The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has said it cannot fix petrol pump prices, but will step up surveillance against price-gouging and other exploitative practices amid the latest increase in Premium Motor Spirit (PMS) prices. The post…
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Nigerian billionaire Femi Otedola’s net worth has risen by $200 million from its August valuation to $2 billion, according to Forbes’ latest Real-Time Billionaires data. The post Femi Otedola’s net worth hits $2 billion for the first time ever appeared…
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