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Manny Akpan | Business & Economy Editor

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NNPC-Chevron Joint Venture Announces Significant Oil Discovery in Niger Delta

LAGOS, Nigeria — The Nigerian National Petroleum Corporation Limited, NNPC, and Chevron Nigeria Limited Joint Venture, NNPC-CNL JV, has announced a major oil discovery...

Nigeria’s Inflation Rate Rises to 32.7% in September, Breaking 2-Month Decline

ABUJA, Nigeria — Nigeria's annual inflation rate increased in September, marking the end of a two-month streak of declining inflation. The National Bureau of Statistics...

ActionAid Nigeria Rebukes World Bank’s Endorsement of Tinubu’s ‘T-Pain’ Reforms

ABUJA, Nigeria — ActionAid Nigeria has strongly condemned recent comments made by World Bank Senior Vice President and Chief Economist Indermit Gill, calling his...

Lufthansa Fined $4 Million by U.S. for Discrimination Against Jewish Passengers

WASHINGTON DC, USA — The U.S. Department of Transportation, DOT, has imposed a record $4 million fine on Lufthansa after the airline barred over...

Abuja: Protesters Demand Investigation into GTBank over Fraud Allegations

ABUJA — Hundreds of protesters gathered outside the Nigeria Police Force Headquarters in Abuja on Tuesday, October 15, 2024 calling for an immediate investigation...

SERAP Urges Tinubu to Reverse Petrol Price Hike Pending Federal Court Verdict

ABUJA, Nigeria — The Socio-Economic Rights and Accountability Project, SERAP, has called on President Bola Tinubu to instruct the Nigerian National Petroleum Company Limited,...

Over One Million Nigerians Facing Extreme Hunger over Food Security Crisis – World Bank

ABUJA, Nigeria — Nigeria is grappling with a deepening food security crisis, with over one million more people falling into severe food insecurity in...

TD Bank Hit with $3 Billion Fine for Role in Drug Cartel Money Laundering Scheme

NEW YORK, USA—U.S. regulators announced on Thursday, October 10, 2024, that TD Bank has agreed to pay a staggering $3 billion to settle charges...

Trump Media Shares Surge Following Rally with Elon Musk

NEW YORK, Nigeria — Shares of Trump Media & Technology Group soared on Monday, closing up 11.45% at $18.39 per share, following a high-profile...

More Turmoil in Trump’s Truth Social’s Parent Company as Senior Executives Depart

NEW YORK, USA  — Several senior executives at Donald Trump’s media company, Trump Media & Technology Group (TMTG), have exited the business following allegations...

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