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NCC Urges Banks to Settle N120bn USSD Debt to Boost Financial Inclusion
The Executive Vice Chairman of the Nigerian Communications Commission, Prof. Umar Danbatta, has emphasized that…
Nigerian Stock Market Records N112 Billion Loss as Bearish Trend Continues
The Nigerian stock market experienced another downturn on Thursday, resulting in a loss of N112 billion in market…
Nigeria Secures $14 Billion Pledges from Indian Investors, Eyes Economic…
Nigerian President Bola Tinubu has garnered pledges of nearly $14 billion from Indian investors, signaling a…
Nigerian Minister Pledges to Review Land Use Act in Collaboration with World Bank
The Nigerian Minister of Housing and Urban Development, Mr. Ahmed Musa Dangiwa, has affirmed his commitment to…
Nigerian Postal Service Unveils Commemorative Stamp for Pan African Postal Union…
The Nigerian Postal Service (NIPOST) has introduced a commemorative stamp valued at N255 to mark the launch of the…
Nigerian Government Increases Pre-paid Electricity Meter Prices Amid Public…
The Federal Government of Nigeria has announced a rise in the prices of single-phase and three-phase pre-paid…
Tribunal Upholds Bola Tinubu’s Presidential Victory; Dismisses Petitions
The Presidential Election Petition Tribunal has validated Bola Tinubu's victory in Nigeria's February election,…
President Tinubu Advocates $10 Billion Annual Investment for Nigeria’s…
During the Africa Climate Summit held in Kenya, President Bola Tinubu emphasized the need for an annual investment…
Fire Outbreak Causes Chaos at Murtala Muhammed Airport’s International Wing
Confusion and panic gripped the international wing of Murtala Muhammed Airport following a fire outbreak in one of…
PZ Cussons Offers to Buy Out Minority Shareholders of PZ Cussons Nigeria, Aims to…
PZ Cussons, the soap maker, has announced its intention to acquire the remaining 26.73% stake held by minority…
Nigerian Presidential Election Tribunal to Rule on Tinubu’s Victory
Nigeria's presidential election tribunal is set to announce its decision on Wednesday regarding Bola Tinubu's…
Nigeria Holds $8.25 Billion Undisbursed World Bank Loan as of July 2023
Nigeria currently holds approximately $8.25 billion in undisbursed loans from the World Bank as of July 2023,…
FMDQ Records Impressive Forex Turnover of $44 Billion in First Seven Months of…
According to the August edition of FMDQ Spotlight, the FMDQ (FMDQ Securities Exchange) reported an outstanding…
Nigeria’s External Reserves Experience Marginal Uptick in August 2023″
In August 2023, Nigeria's external reserves saw a slight increase of $1.87 million, attributed to the Central Bank…
Nigeria Aims to Submit 2024 Budget to Parliament by October End
The Ministry of Budget and Economic Planning has revealed plans to present the 2024 budget to the House of…
Nigeria’s Business Activity Slumps Amidst Inflation and Currency Woes”
Rising inflation and currency instability have led to a significant downturn in business activities in Nigeria, as…
Nigerian Energy Firm Oando to Acquire Nigerian Agip Oil Company (NAOC) from Eni
Nigerian energy company Oando is set to acquire the Nigerian Agip Oil Company (NAOC), a subsidiary of Italian…
Foreign Firms Repatriated $5.86 Billion from Nigeria Between October 2022 and…
Foreign firms repatriated $5.86 billion from the Nigerian economy between October 2022 and March 2023, with $5.13…
Unconventional Ventures Targets €30 Million to Invest in Impact Tech Startups in…
Unconventional Ventures (UV), a venture capital fund focused on impact tech companies with diverse founding teams,…
Nigerian Oil Marketers Secure Funding to Develop 30,000 Gas Stations Amid Fuel…
Nigerian oil marketers have received approval from both domestic and international financiers to establish…
Nigerian National Petroleum Company Instructs Marketers to Load Petroleum Products…
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has refuted claims of petroleum product…
Nigeria Identified as the Least Refining OPEC Member, Averaging 10,600 bpd Over…
OPEC has singled out Nigeria, one of Africa's leading oil producers, as the least refining member within the…
Nigerian Government Plans to Reduce Tax Waivers Given to Companies
The Nigerian Federal Government is preparing to review and reduce the tax waivers granted to companies operating…
Nigerian Government Tax Revenue Soars by 96.11% in Q2 2023
In the second quarter of 2023, tax revenue from both companies and consumers in Nigeria witnessed a remarkable…
Nigerian Stock Market Emerges as Second-Best Performer in Africa Over 3 Months
Despite concerns regarding inflation, interest rate hikes, and weak macroeconomic indicators, the confidence of…
Nigeria’s Stocks Surge by N1.08 Trillion
In the trading week concluding on September 1, Nigeria's stock market experienced significant growth, with an…
DSS Detains Central Bank Deputy Governor Amidst Ongoing Financial Mismanagement…
The Department of State Service (DSS) has reportedly apprehended Mr. Kingsley Obiora, the Central Bank of…
Reducing Nigerian Government Borrowing Requires Addressing Insecurity and…
Financial experts suggest that for the Nigerian government to reduce borrowing, it needs to address the issue of…
ECOWAS Denies Reports of Transition Proposal in Nigeria
The Economic Community of West African States (ECOWAS) has refuted reports suggesting that its leader, President…
“Growing Skills Gap Poses Major Threat to Nigeria’s Telecom…
A dire warning has been sounded regarding the growing skills gap in Nigeria's telecommunications sector, which…