Business News
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205World Bank: Nigeria’s Social Safety Nets Leaving Most Poor Behind
The World Bank has raised concerns over the inefficiency of Nigeria’s social safety net programmes, revealing that while more than half of...
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239Private Sector Collaboration Key to Driving Africa’s Investment Revolution –AfCFTA
Secretary General, African Continental Free Trade Area (AfCFTA), Mene Wamkele, has stated that deeper collaboration with the private sector remains the catalyst...
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552FG Mobilises ₦700b to Close Metering Gap, Eyes $2b Investment Boost
The Federation Accounts Allocation Committee (FAAC) has mobilised N700 billion to implement the Presidential Metering Initiative, a key effort aimed at bridging...
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171Private Sector Sustains 11-month Growth as PMI Hits 55.4 Points
Nigeria’s private-sector activity expanded for the 11th consecutive month in October, supported by broad-based growth across industry, services, and agriculture, data from...
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265To Attract Fresh Investment in Oil Sector, NUPRC Announces 2025 Licensing Round
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) yesterday moved to attract additional investment in the oil and gas sector, with the announcement...
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213PNC to Drive High-Level Dealmaking, Fresh Oil Investment
As global markets evolve and energy producers seek resilient, localised supply chains, Nigeria’s growing local content capacity continues to position itself as...
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239Approved Fields Can Unlock 1.7b Barrels of Oil, 7.7tcf Gas –NUPRC
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revealed that 43 Field Development Plans (FDPs) approved this year have the potential to...
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288Foreign Currency Inflow into Nigeria Hits $5.15b in October
Nigeria has recorded high foreign inflows of $5.15 billion in October 2025, according to data from the FMDQ platform. The FX inflow...
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237Nigeria Joins Unified West African Power Grid
The Nigerian Independent System Operator, in collaboration with the West African Power Pool Information and Coordination Centre, has successfully synchronised Nigeria’s national...
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537Power Distributors’ Revenue Surges 43% to ₦1.5tr
Nigeria’s power distribution companies grew their revenue collections by about 43 per cent in the first eight months of 2025, raking in...
