Nigeria Secures Record $747m Deutsche Bank Loan to Fast-Track Lagos-Calabar Super Highway
In a major boost for Nigeria’s infrastructure drive, the Federal Government has secured a landmark $747 million loan to fund
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The Nation Scope
…for truth and posterity
The Nation Scope
…for truth and posterity
Economy
Dangote Refinery Slashes Petrol Depot Price to N820 as Crude Oil Dips
The Dangote Petroleum Refinery has reduced the depot price of Premium Motor Spirit (PMS), also known as petrol, to ₦820
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Nigeria Is in Free Fall”: Rhodes-Vivour Slams Tinubu Over ‘Worst Cost-of-Living Crisis in 40 Years
Gbadebo Rhodes-Vivour, the Labour Party’s 2023 gubernatorial candidate in Lagos State, has delivered a scathing critique of President Bola Tinubu’s
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Dangote Refinery Set to Begin Fuel Distribution Nationwide Amid Lagos E-Call Up Tensions
Amid growing fears of fuel scarcity in Lagos and other parts of Nigeria, the Dangote Petroleum Refinery has announced plans
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Nigeria’s $5bn Aramco Oil-Backed Loan Stalls as Crude Prices Plunge
The Federal Government’s ambitious plan to secure a $5 billion oil-backed loan from Saudi oil giant Aramco is facing serious
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Indian National, 12 Others Arraigned for Alleged N4bn Diesel Diversion from Dangote Industries
The Police Special Fraud Unit (PSFU), Ikoyi, Lagos, on Tuesday arraigned an Indian national, Tukur Shamsudden, and 12 others before
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IPMAN to Dangote: Petrol Price Should Drop Below N825/Litre
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has called on the Dangote Petroleum Refinery to further reduce the price
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Eid-el-Kabir: Soaring Food Prices Hit Nigerians as Mokwa Bridge Collapse Disrupts Supply Chain
Less than 48 hours to the Eid-el-Kabir celebration, prices of tomatoes, onions, peppers, and other perishables have surged dramatically across
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Tinubu Marks Two Years in Office, Says Reforms Are Laying Foundation for Shared Prosperity
President Bola Ahmed Tinubu has said that the economic and governance reforms implemented during his first two years in office
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Tinubu Seeks NASS Approval for $21.5bn External Loans, ₦758bn Bond to Offset Pension Liabilities
President Bola Ahmed Tinubu has transmitted three letters to the National Assembly, seeking legislative approval for an external borrowing plan
Read MoreCBN Cuts Net Loans by N4.1tn, Recovers N253bn Intervention Funds Amid Tightening Reforms
The Central Bank of Nigeria (CBN) recorded a sharp reduction of N4.145 trillion in net loans and receivables in 2024,
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SERAP Demands Accountability from NNPCL over Missing N500bn Oil Revenue
The Socio-Economic Rights and Accountability Project (SERAP) has called on the Group Chief Executive Officer of the Nigerian National Petroleum
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Kresta Laurel @35: Sen. Gbenga Daniel Commends President Tinubu For Paving Way For Sustainable Economy Development
The founder of Kresta Laurel Limited (KLL) Otunba Gbenga Daniel has commended President Bola Ahmed Tinubu on “Nigeria First” Initiative,
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World Bank Flags Nigeria’s 2025 Budget as Overly Ambitious, Warns of Recourse to CBN’s Overdraft
The World Bank has described Nigeria’s record-breaking ₦54.99 trillion 2025 federal budget as overly ambitious, cautioning that revenue shortfalls may
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ECOWAS Commissioner Blasts High Air Travel Costs, Calls for Reform to Boost Regional Integration
The cost of air transport within the West African sub-region remains the highest globally, according to Mr. Sédiko Douka, the
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EFCC Reveals Plans to Bring Simon Ekpa Back to Nigeria for Trial in Nnamdi Kanu’s Case
The Economic and Financial Crimes Commission (EFCC) has confirmed that Simon Ekpa, an associate of the detained leader of the
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NDIC Disburses N46.6 Billion as First Tranche of Liquidation Dividends to Heritage Bank Depositors
The Nigeria Deposit Insurance Corporation (NDIC) has announced the payment of the first tranche of liquidation dividends, totaling N46.6 billion,
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US Accuses Nigeria of Blocking US Agricultural Imports, Nigeria Customs Hits Back with Strong Rebuttal
The ongoing trade dispute between Nigeria and the United States has taken a new turn, with the US government accusing
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Gold Hits Record $3,500 an Ounce Amid Trump’s Tariffs and Fed Criticism
Gold surged to a historic high of $3,500.10 per ounce on Tuesday, driven by escalating trade tensions sparked by US
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Northern Nigeria’s Agricultural Crisis: Banditry and Herdsmen Attacks Devastate Food Security
The once-thriving agricultural sector in Northern Nigeria, particularly in the nineteen northern states, is under siege as farming communities face
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European Union Eyes Nigeria’s Solid Minerals Sector for Trade and Investment Growth
Headline: European Union Eyes Nigeria’s Solid Minerals Sector for Trade and Investment Growth The European Union (EU) has expressed interest
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The Dark Legacy of Ponzi Schemes in Nigeria: A Look at 11 Most Infamous Investment Scams
The recent crash of CBEX, a digital asset trading platform that allegedly vanished with over ₦1.3 trillion, has once again
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Nigeria’s Inflation Rate Surges to 24.23% in March 2025, Up from 23.18% in February
The National Bureau of Statistics (NBS) has announced that Nigeria’s headline inflation rate increased by 4.4 percentage points, rising to
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Shareholders Applaud Tinubu’s Naira-for-Crude Policy Continuation, Urge Dangote Refinery to List on Stock Exchange
Shareholders have praised President Bola Tinubu and the Federal Executive Council (FEC) for continuing the Naira-for-Crude policy, which they see
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