The Nigerian government is ramping up initiatives to address the nation’s escalating food security challenges, focusing on sustainable agricultural practices,…
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Forex Market Liberalization Sparks Surge in Investor Confidence
The recent liberalization of Nigeria’s foreign exchange (forex) market has generated renewed optimism among investors, industry experts say, as greater…
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Coronation Merchant Bank Posts Strong Performance with N13.4bn Pre-Tax Profit
Coronation Merchant Bank has announced a profit before tax (PBT) of ₦13.4 billion for the 2024 financial year, marking a…
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Power Sector Crisis Deepens as NDPHC Laments ₦600bn Debt, Idle 2,000MW Capacity
The Niger Delta Power Holding Company (NDPHC) has raised alarm over the deepening crisis in Nigeria’s electricity sector, revealing that…
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Nigeria Targets Mining and Auto Sectors to Power Next Industrial Leap
Nigeria is setting its sights on the mining and automotive industries as central pillars in its quest to ignite a…
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Nigeria Customs Seizes Stolen Luxury Vehicles Worth ₦3.2bn from Canada and Other Countries
The Nigeria Customs Service (NCS) has intercepted a cache of stolen exotic vehicles valued at ₦3.2 billion, smuggled into the…
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Foreign Investment on NGX Plummets to N63bn, Marking 91% Decline
Foreign participation in the Nigerian equities market has sharply declined, with transactions falling by 91% to ₦63 billion in April,…
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Dangote Foundation Empowers Benue Women with Business Grants to Boost Local Economy
In a significant move to uplift grassroots entrepreneurship, the Aliko Dangote Foundation has disbursed cash grants to thousands of women…
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Five Arrested in Kebbi Over Alleged Diversion of N185 Million Worth of Goods
The Kebbi State Police Command has arrested five suspects in connection with the alleged diversion of goods valued at N185…
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Nigerians Face Steep Fuel Costs as Petrol Prices Surge 76% in One Year – NBS Report
The average retail price of petrol in Nigeria has soared by a staggering 76% over the past year, according to…
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