DAPPMAN has accused Dangote Refinery of disruptive fuel pricing amd also alleged its product sells at cheaper rate abroad than locally which has been denied.
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FG suspends 4% FOB Customs charge after backlash, import costs to Drop
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Dollar falls to N1,484 in official window, naira appreciates in parallel market
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FG orders immediate release of ₦250bn loan to farmers, targets food security
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Food prices: Rice, beans, garri crash in markets as Tinubu gives order to FEC
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Naira surges on CBN’s $29m intervention, analysts predict break below N1,500
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Canada rail freight shut down threatens to disrupt economy
A labor dispute in Canada threatened to disrupt the North American economy on Thursday after the county's two rail operators shut operations, locking out nearly 10,000 workers.
US existing home sales rise in July, ending downward trend
Sales of previously owned homes in the United States edged up in July, industry data showed on Thursday, breaking a four-month trend of declines. Housing inventory also edged up from June, NAR data showed.
Access, others sell dollars at cheaper rate as naira gains in official market, falls in black market
The Nigerian currency, the naira, came back against the dollar in the official market after the CBN announced a record remittance inflows into the Nigerian economy.
French court dismisses appeal in Agent Orange case
A Paris court Thursday rejected an appeal by a French-Vietnamese woman who has been trying to sue Monsanto and other makers of Agent Orange for the chemical's use in the Vietnam war. The Paris Court of Appeal used the same argument in rejecting Nga's claim.
Climate change a mixed blessing for sun-starved Irish vintners
At a tiny outpost in the wine world, Ireland's handful of winemakers are cautiously eyeing long-term growth potential as climate change warms up its cool climate. Irish winemakers who are clever with site selection and willing to "play the long game" can reap rewards, she said.
Asia struggles to track Wall St up after US jobs, Fed minutes
Stocks fluctuated in Asia on Thursday after Wall Street returned to winning ways on the back of softer-than-expected jobs data and minutes showing some Federal Reserve officials were open to an interest rate cut at their meeting last month.
Filling stations slash diesel pump prices, cheapest States in 10 states
The National Bureau of Statistics has released new data revealing the amount Nigerians paid to buy diesel across the country has reduced from the previous month.
US jobs data point to weaker than expected market
The US jobs market was probably cooler than expected in the year through March, Labor Department data showed Wednesday, signaling weaker but still-positive growth. "The nuance there is very important," he added, telling AFP the data "does not point to a weak labor market."
How windfall tax on banks can fuel Nigeria’s infrastructure, social development
The Nigerian government has proposed a 70% tax on foreign exchange earnings by commercial banks in Nigeria following the devaluation of the naira.
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