As Notting Hill Carnival Gears Up Again, Will Nigerians Find Potential for Celebrating British Africa Heritage

As the iconic Notting Hill Carnival approaches, Nigerians are turning their gaze toward London's vibrant celebration to glean insights that could inspire a similar venture closer to home. This year's carnival, commemorating the arrival of the Empire Windrush and the integration of sound systems and Mas bands, has not only ...

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Exploring Changes in Petrol and LPG Consumption Trends in Nigeria Since End of Subsidy Regime

A recent in-depth analysis conducted by HydroCIS, a prominent data provider, has brought to light intriguing insights into the contrasting demand patterns for petrol and liquefied petroleum gas (LPG) in the month of July 2023. This study's findings have ignited discussions regarding the underlying drivers of these consumption shifts, prompting ...

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Exploring Rise in Cost of Telecom Service as Nigerians Again Face New Increment Amid Economic Challenges

The telecommunications industry in Nigeria is navigating a delicate balance between economic viability and service affordability as it grapples with the rising costs of calls, SMS, and data services. The Association of Licensed Telecoms Operators of Nigeria (ALTON) has issued a resounding call for a comprehensive review of the existing ...

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How Technology Improves your Savings Habit and Helps you Unlock Financial Freedom, The Nigerian Experience

In an increasingly interconnected world where financial uncertainty looms, the cultivation of a strong savings habit has emerged as a paramount goal for individuals worldwide. The tumultuous economic landscape calls for a financial cushion, making saving more crucial than ever. Thanks to the transformative power of technology, the act of ...

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BREAKING NEWS: Leader of Russian Private Mercenary Group Wagner, Yevgeny Prigozhin, “Dies in Plane Crash”

In a shocking and tragic turn of events, Yevgeny Prigozhin, the prominent figure behind the Russian private military company Wagner, has reportedly died in a plane crash today. The incident, which occurred in Russia today, has sent shockwaves through both the international community and Russia itself. Details surrounding the plane ...

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Hackers Planning to Launder Millions in Stolen Crypto Funds – US Security Watchdog Warns

The U.S. Federal Bureau of Investigation (FBI) has raised a red flag, unveiling a meticulously orchestrated plot by hackers to surreptitiously liquidate more than $40 million in purloined cryptocurrency assets. The stunning revelation has sparked widespread concern across the crypto landscape, as the criminal minds behind the scheme remain affiliated ...

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NGX Aims to Boost Foreign Currency Access in Nigeria with Dollar-Denominated Listings

Lagos, August 20, 2023* - As Nigeria grapples with persistent foreign currency challenges, the Nigerian Exchange Ltd. (NGX) has unveiled a groundbreaking proposal aimed at enhancing access to foreign currency for businesses within the nation. The proposal, disclosed through a report from Bloomberg, outlines the possibility of allowing dollar-denominated bond ...

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Nigeria’s Manufacturing Sector Battles Mounting Debt and Tax Woes

The manufacturing landscape in Nigeria is currently grappling with a dual challenge: surmounting a burgeoning debt crisis while simultaneously contending with the weight of escalating taxes. The Manufacturers Association of Nigeria (MAN), an influential body representing the interests of manufacturers, has sounded the alarm, asserting that the Federal Government's mounting ...

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Complex Journey of Fuel Price Dynamics Across States, Over the Years in Nigeria – NBS

Amid the ever-fluctuating landscape of fuel prices in Nigeria, an in-depth analysis of regional and temporal variations paints a vivid picture of the complexities that define this critical economic indicator. The National Bureau of Statistics (NBS) has unveiled a comprehensive view of how fuel prices have evolved, revealing intriguing patterns ...

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