PepsiCo has announced the opening of a new state-of-the-art chips production facility aimed at increasing local sourcing and boosting regional…
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Nigeria on Path to Boost Crude Production to 2.5 Million Barrels Daily — Federal Government
The Federal Government has reaffirmed its commitment to ramping up Nigeria’s crude oil production, projecting a potential output of 2.5…
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UK Tops Nigeria’s Q1 Capital Inflow Chart with ₦5.5 Trillion Investment
The United Kingdom has emerged as Nigeria’s largest source of capital inflow in the first quarter of 2025, contributing a…
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NNPC Profit Plunges by 80% in July, Drops from N905bn to N185bn
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has reported a sharp decline in its profit for the month of…
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Discos Owe N2.6tn, Reps Launch Probe into Power Sector Crisis
Nigeria’s electricity distribution companies (Discos) are currently indebted to the tune of N2.6 trillion within the country’s power value chain,…
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Google, Microsoft, TikTok Block 13.5 Million Accounts in Nigeria Over Policy Violations
Global tech giants Google, Microsoft, and TikTok have collectively blocked over 13.5 million user accounts in Nigeria within a single…
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FG Projects $200bn Revenue from Lekki Deep Sea Port – Oyetola
Business Correspondent The Federal Government of Nigeria is poised to generate over $200 billion in revenue from the Lekki Deep…
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Bolt Introduces Dashboard Cameras to Strengthen Rider Safety
Ride-hailing company, Bolt, has unveiled a new safety initiative aimed at enhancing protection for both drivers and passengers with the…
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Nigeria, California Move to Strengthen Economic Ties Through Investment Talks
Nigeria and the U.S. state of California have opened discussions aimed at fostering stronger economic and investment collaboration across key…
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Nigeria’s Untapped Oil Reserves Valued at N341tn, Report Reveals
A new industry report has revealed that Nigeria is sitting on untapped oil reserves valued at an estimated N341 trillion,…
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