Business News
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301Why Borrowing Continues Despite Nigeria’s 411% Revenue Growth
FIRS Chairman, Federal Inland Revenue Service (FIRS), Zacch Adedeji has said even though the Federal Government has seen a remarkable surge in...
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844Stakeholders Protest Continued 4% FOB Collection Despite FG’s Ban
Stakeholders have decried what they termed flagrant disregard of the directives by the Federal Government and the Minister of Finance to the...
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837Nigeria-UAE Non-Oil Trade Hits Record $4.3b
Trade relations between Nigeria and the United Arab Emirates rose to a record $4.3bn for non-oil commodities in 2024, The PUNCH reports....
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908Nigeria’s Real GDP Grew by 4.23% y/y in Q2-25
According to the National Bureau of Statistics (NBS), Nigeria’s economy expanded further in Q2-25, with real GDP growing by 4.23% y/y (Q1-25:...
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908Oil Prices Slip as Robust Supply Outweighs Fed Cut
Oil prices dropped on Friday as worries about large supplies and declining demand outweighed expectations that the year’s first interest-rate cut by...
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835Nigeria, Taiwan Sign MoU on Bilateral Trade, Investments
Nigerian businesses and Taiwanese counterparts signed a historic and strategic private sector-oriented Memorandum of Understanding between My Exhibition Company Limited of Taiwan...
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994PenCom Bans Majority Shareholding in Multiple PFOs
New guidelines from the National Pension Commission have banned significant cross-shareholding in multiple licensed Pension Fund Operators. In the guidelines, issued on...
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804Nigeria, Saudi Arabia Deepen Economic Partnership at Money20/20 Conference
The Federal Government has reaffirmed its commitment to strengthening economic ties with the Kingdom of Saudi Arabia and the wider international community,...
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841China-Nigeria Trade Hits $15.48b in Seven Months
Consul-General of the People’s Republic of China in Lagos Yan Yuqing yesterday valued the bilateral trade between China and Nigeria at $15.48...
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920Asian Shares Rise as Japan Rallies, Dollar Gains
Asian shares rose following a Wall Street rally, with Japanese equities advancing after concerns about the Bank of Japan’s plan to offload...
