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Naira defies rising oil prices as petrocurrency status fades
The naira, long considered one of Africa’s petrocurrencies, has depreciated against the US dollar over the last 15 trading sessions, despite rising oil prices fueled by the ongoing conflict between…
Nigeria bleeds $21m daily as output gap dents oil windfall
…FG begins direct remittance of oil revenue …Brent may hit $120- JP…
CBN delivers cautious rate cut on election jitters
...Stock market snaps winning streak ...NECA hails rate cut The Central Bank…
Slowing inflation puts first rate cut in five months on table
For the first time in nearly half a year, Nigeria’s central bank…
