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ICPC Charges ex-Mortgage Bank MD, Others in $65M Housing Fraud Case
Gimba Kumo Ya'u, the former managing director of the Federal Mortgage Bank of Nigeria (FMBN), and two other individuals have been charged by the...
Marketers Halt Imports, Source 148m Liters From Dangote Refinery
Major petroleum marketers in Nigeria have said that they will no longer import petrol after the Dangote Refinery's increased output significantly increased local supply.
Marketers...
CBN Rate Hike And Trump Tariffs Leave Naira Steady In Black Market
Following the CBN's interest rate hike, the Nigerian naira was strong in the official currency market but lukewarm in the illicit market.
According to FMDQ...
CBN Maintains Tight Policy Stance Amid Soaring Food And Fuel Prices
To control intractable inflation, the Central Bank of Nigeria (CBN) raised interest rates by 25 basis points on Tuesday, continuing its hawkish approach.
Because of...
Palm Oil Prices Skyrocket By 120% Due To Industry Demand
Due to a shortage of supply and growing industrial demand, palm oil prices have increased by 120 percent in just one year.
According to a...
