Economy and Business
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BREAKING: Access Holdings Appoints New CEO
Access Holdings Plc has confirmed the appointment of Innocent Ike as its new Group Managing Director and Chief Executive Officer,…
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Securities and Exchange Commission alerts Nigerians over new ponzi schemes
The Securities and Exchange Commission (SEC) has cautioned Nigerians against engaging with Gvest Global, which it described as an unregistered…
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Nigeria has highest number of people without access to electricity – REA MD
The Managing Director of the Rural Electrification Agency (REA), Abba Aliyu, has warned that Nigeria has the world’s highest number…
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BREAKING: Nigeria’s Foreign Exchange Reserves Hit $41bn, Highest Level Since 2021
Nigeria’s foreign exchange reserves have risen to $41 billion, their highest level since December 2021, according to fresh figures from…
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“Naira among the world’s most secure currencies” – CBN boasts
The Central Bank of Nigeria (CBN) has described the naira as one of the strongest currencies in the world in…
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Nigeria’s non-oil exports hit $3.23billion in first half of 2025
Nigeria’s non-oil exports rose to $3.225 billion in the first half of 2025, a 19.59 percent increase from $2.696 billion…
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JUST IN: Capital inflows into Nigeria records $5.6bn in Q1 2025
Capital importation into Nigeria surged to $5.64 billion in the first quarter (Q1) of 2025 — a 67.12% increase compared…
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REPORT: Massive growth in private sector as Nigerian businesses hire at fastest pace since 2023
Nigeria’s private sector kicked off the third quarter of 2025 with strong momentum, recording the fastest rate of job creation…
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Nigerian Tycoon Abdullahi Bashir Haske’s Giant Stride in Business Innovation, Enterprise
In the dynamic landscape of African enterprise, Abdullahi Bashir Haske has distinguished himself as a symbol of excellence, innovation, and…
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BUA Cement Plc records Strong Revenue Growth Of 90.5% to N867.5 million
BUA Cement Plc held its Annual General Meeting today. According to the financial report presented by the Board of the…
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JUST IN: Nigeria’s GDP grows by 3.46% in Q1 2025, says NBS
Nigeria’s Gross Domestic Product (GDP) expanded by 3.46% in real terms year-on-year in the first quarter of 2025, according to…
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Nigeria debt profile to hit N160 trillion as Tinubu’s govt prepares to borrow additional N9.3 trillion
Nigeria’s total public debt could soar to ₦160.6 trillion by December 2025, according to a new projection by CSL Stockbrokers…
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IMF Urges FG to Review 2025 Budget Amid Falling Oil Prices
The International Monetary Fund (IMF) has advised the Federal Government to review and adjust its 2025 budget assumptions, warning that…
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“The signals are promising” – Group hails CBN over economic reforms
The Centre for Economic Growth and Monetary Reforms (CEGMR) has commended the Central Bank of Nigeria (CBN) for what it…
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REPORT: Economic pressure, visa policies cut Nigerian air travel by 30%
Nigerians have significantly reduced spending on foreign air travel, with a 30 per cent drop to $2.66 billion in 2024,…
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Nigeria’s business climate is scaring off American investors – US Ambassador warns
American businesses are increasingly wary of investing in Nigeria due to complex regulations, policy unpredictability, and trade barriers, according to…
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REPORT: Nigeria’s economy struggles as cost pressures, weak confidence hit private sector
Nigeria’s private sector growth decelerated in May 2025 as rising operating costs and falling business confidence weighed on performance, according…
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Policy Consistency and Currency Stability Crucial to $1 Trillion Goal, NGX Says
The Nigerian Exchange Group (NGX) has identified policy inconsistency and currency volatility as major obstacles to the Federal Government’s plan…
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Naira Steady at ₦1,586.15 to the Dollar as FX Reforms Take Hold
The Nigerian Naira closed the week unchanged at ₦1,586.15 to the U.S. Dollar on Friday at the official foreign exchange…
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Nigerian Stock Market Sheds N48 Billion amid Sell-Offs
The Nigerian Stock Exchange ended the week on a bearish note on Friday, with key performance indicators dipping by 0.07…
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