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Naira Falls 5.8% Versus the US Dollar in April, Depressing Prospects
The Nigerian Naira had a sharp decrease at the end of April, officially finishing at N1,390.96/$1 in the NAFEM, the official exchange rate market.
This...
FG launches Port Harcourt-Aba Rail Project as Train Operations Get Underway
The Federal Government has inaugurated a 6.2-kilometer (KM) Port Harcourt-Aba railway project, signaling the beginning of train service between Abia and Rivers states.
Sen. Saidu...
Federal Government Approves Salary Increment for Civil Servants
The Federal Government on Monday approved a wage raise for government servants on the remaining six Consolidated wage Structures, ranging from 25% to 35%,...
Critical Mineral Deposits in SSA can Boost the Region’s GDP by 12% – IMF
The International Monetary Fund (IMF) estimates that significant mineral resources in Sub-Saharan Africa (SSA) can improve the region's GDP by 12% by 2050.
This was...
UAC of Nigeria Reports Pre-Tax Profit of N9.030 Billion in Q1 2024
UAC of Nigeria Plc announced a pre-tax profit of N9.030 billion for the first quarter ended March 31, 2024, reflecting a 1,064% year-on-year growth.
The...
