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ASSETS & FINANCIALS
Equity Market Gains N413bn As Beta Glass Leads Rally
The Nigerian equities market kicked off the new trading week on a bullish note. On Monday, investors gained N413bn, driven…
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OIL & GAS
‘Cabals’ Still Fighting Against Our Refinery — Dangote
The President of Dangote Group, Alhaji Aliko Dangote, says he is still fighting for the survival of his $20bn refinery,…
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OIL & GAS
Major Petrol, Diesel Price Cuts Expected Over Crude Slump
Marketers of refined petroleum products say petrol and diesel prices may drop as crude oil prices slump again. However, the…
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NEWS LENS
MMS Hall of Fame Trains Women On Innovative Leadership Traits
In a bid to enhance the contributions of women at the workplace, businesses and in governance, MMS Woman of Fortune…
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FOTO BEACH
Mary Hamman: Our Wishes Failed Us
We all wished it was a fairy tale told in moonlight with one distant Mary Hamman. Some wished it was…
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ASSETS & FINANCIALS
Agro-Processing Sector Requires $538m Investments Annually – LCCI
The Lagos Chamber of Commerce and Industry’s Agricultural and Allied Group has projected that increasing nationwide agro-processing capacity would require…
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ASSETS & FINANCIALS
AfDB Commits $650m Annually To Drive Nigeria’s Transformation
The African Development Bank Group has approved a new five-year Country Strategy Paper for Nigeria, committing about $650m annually between…
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OIL & GAS
Electricity Subsidy Spending Balloons To N762bn
Electricity subsidy has increased to about N762bn in the first four months of 2025. Figures from various reports of the…
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NEWS LENS
Customs Intercept N921m Contrabands At Apapa Ports
The Nigeria Customs Service said it intercepted 11 containers carrying unregistered sex drugs, expired foodstuffs, and other contraband worth N921bn…
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ASSETS & FINANCIALS
Debt Servicing Gulped N696bn In January – CBN
The Federal Government’s precarious fiscal position worsened in January 2025 as debt servicing obligations exceeded total retained revenue by a…
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ASSETS & FINANCIALS
Non-Oil Export Records 24.7% Surge, Hits $1.7bn
Nigeria’s non-oil export sector recorded significant growth in the first quarter of 2025, with the total value hitting $1.791bn, the…
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ASSETS & FINANCIALS
CBN Issues Directives On Export Proceeds Over $2,000
The Central Bank of Nigeria has issued a new directive mandating full documentation for all Pan-African Payment and Settlement System…
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NEWS LENS
FG Grants N97bn Waiver On Staple Foods Import
The waiver granted by the Federal Government for the importation of essential food items, including maize, rice, and sorghum, among…
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ASSETS & FINANCIALS
Heritage Bank: NDIC Begins N46.6bn Payout To Top Depositors
The Nigeria Deposit Insurance Corporation has commenced the payment of N46.6bn as the first tranche of liquidation dividends to depositors…
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NEWS LENS
US Report Calls Out Nigeria’s Trade Barriers, Port Corruption
The United States government has faulted Nigeria for the continued delay in approving import permits for American agricultural products, describing…
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ASSETS & FINANCIALS
10 Banks Pay N987bn Tax To FG
Ten commercial banks in Nigeria paid a combined N987.40bn in corporate income tax to the Federal Government in the 2024…
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NEWS LENS
FG Bans Importation Of Oil Pipelines
The Federal Government has announced a ban on the importation of oil pipelines into Nigeria. The Minister of Petroleum Resources…
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ASSETS & FINANCIALS
Dangote Accepts World Bank Appointment
The President and Chief Executive of the Dangote Group, Aliko Dangote, says he has accepted his appointment to the World…
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NEWS LENS
NPCC, British Ports Association Strike Partnership On Ports Efficiency
In a bid to enhance the level of efficiency at Nigerian seaports, the Nigerian Ports Consultative Council (NPCC) is set…
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NEWS LENS
NPA, PEBEC Move to Enhance Port Efficiency, Ease of Doing Business
The Presidential Enabling Business Environment Council (PEBEC) and the Nigerian Ports Authority (NPA), on Thursday, launched the Ports and Customs…
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