Major international oil companies have suspended plans for fresh drilling projects following a sharp decline in crude oil prices, raising…
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Naira Stabilization Slows as Banking Stocks Trade Below Value
Nigerian banks are trading at a discount on the stock market as recent foreign exchange (FX) gains show signs of…
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Analysts Say IMG Rights Issue Favors Existing Shareholders, Advises Caution for Fresh Investors
Financial analysts have described the 2025 rights issue by International Management Group (IMG) as a compelling opportunity for existing shareholders,…
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Luxury Trend: Automated Gates Now Selling for Up to N10m in Lagos
Automated gates have become the latest symbol of prestige in Lagos, with prices soaring as high as N10 million amid…
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Naira Strengthens to Five-Month High, Trades Below ₦1,500 per Dollar
The Nigerian naira has surged to its strongest level since March, breaking below the ₦1,500/$ mark in a development that…
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Saudi Firm Commits $700m to Arise IIP Expansion Drive
Arise Integrated Industrial Platforms (Arise IIP) has secured a $700 million investment from Saudi Arabia’s Vision Invest, a move set…
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Customs Faces N6 Trillion Target in Final Half of 2025
The Nigeria Customs Service (NCS) has been tasked with generating ₦6 trillion within the next six months in order to…
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FG Projects $60bn Fresh Investments in Nigeria’s Gas Sector Expansion
The Federal Government has projected that Nigeria could attract as much as $60 billion in new investments as it intensifies…
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Nigeria’s Oil Prices Fall Below $68, Triggering Budgetary Worries
Nigeria’s major crude oil grades have slipped below $68 per barrel, sparking fresh concerns over the government’s ability to meet…
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Horizon Africa Secures $5m Loan Facility to Boost Expansion Drive
Pan-African investment firm Horizon Africa has secured a $5 million loan facility aimed at strengthening its operations and driving expansion…
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