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Naira Holds Firm Against Dollar Across Markets ‎The Naira remained steady against the US dollar on Thursday, July 14, strengthening in both the official and parallel markets. ‎In the black market, currency dealers in Abuja told Economic Confidential that the naira traded at ₦1,535/$1 for buying and ₦1,540/$1 for selling…Read More

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The trade relationship between the United States and Nigeria has suffered a significant setback, as official data from the US Census Bureau and the Bureau of Economic Analysis show that US imports of Nigerian goods decreased by $527m. The post Nigeria’s Exports to US Plummet by $527m appeared first on Economi Confidential…Read More

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Oil marketers and industry stakeholders have thrown their weight behind the proposed sale of Nigeria’s refineries under the management of the Nigerian National Petroleum Company Limited. The post Oil Marketers Back Potential Privatisation of Refineries appeared first on Economi Confidential…Read More

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The Federal Inland Revenue Service (FIRS) has announced plans to host a two-day national conference on illicit financial flows as part of renewed efforts to combat tax evasion and safeguard Nigeria’s financial system. The post FIRS Rolls Out Plan to Combat Tax Evasion, Illicit Financial Flows appeared first on Economi Confidential…Read More

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The recently concluded Club World Cup in the United States was many things: a competitive showcase for elite football clubs, a chance to witness thrilling matchups, and perhaps most crucially a dress rehearsal for what could be the most ambitious World Cup in history.  With 48 national teams set to compete across three countries…Read More

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