Nigeria’s cocoa industry recorded a major milestone in the first quarter of 2025, with exports soaring to a record ₦1.23…
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13% Derivation Fund Cuts Oil-Producing States’ Debt by ₦611bn
Oil-producing states in Nigeria have reduced their combined debt burden by ₦611 billion, thanks to inflows from the 13% derivation…
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Apapa Customs Boosts Revenue by ₦161bn with ‘B’Odogwu’ Automation System
The Apapa Area Command of the Nigeria Customs Service has recorded an impressive ₦161 billion revenue growth, crediting the surge…
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Nigeria’s Crude Oil Output Surges to Six-Month High in July
Nigeria’s crude oil production rose to its highest level in six months in July, signaling a modest recovery for Africa’s…
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How to Make Money Investing in Nigerian Commercial Papers
As traditional investment channels face increased volatility, Nigerian commercial papers (CPs) are emerging as an attractive short-term, fixed-income option for…
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Navigating Nigeria’s Financial Markets Amid Global Economic Shifts
As global markets grapple with a wave of economic uncertainty from rising interest rates in advanced economies to heightened geopolitical…
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Economic Reforms Boost Nigeria’s Q2 GDP Outlook to 3.2%–3.9%
Nigeria’s economy is expected to expand between 3.2% and 3.9% in the second quarter of 2025, driven by a combination…
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NIGCOMSAT Sets Sights on N8 Billion Boost with Nationwide Broadband Push
The Nigerian Communications Satellite Limited (NIGCOMSAT) is aiming to generate over ₦8 billion in revenue as it intensifies efforts to…
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PepsiCo Expands Footprint with New Chips Plant, Prioritizes Local Sourcing
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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