Latest News
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124Banking & FinanceBanks Park ₦83.95tr with CBN as Liquidity Rises
Nigerian banks significantly increased the amount of funds placed with the Central Bank of Nigeria through its Standing Deposit Facility in July,...
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153Business NewsNigeria’s Real Sector Faces ₦50tr Funding Shortfall –CPPE
The Centre for the Promotion of Private Enterprise (CPPE) has raised concerns over what it described as Nigeria’s widening real sector financing...
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518Industry & MoneyFirms Face Lowest Purchasing Cost Inflation in Five Months
Nigeria’s private sector remained on a growth path in July, with businesses reporting another month of stronger demand from customers despite a...
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425Banking & FinanceCBN Pivots Nigeria toward Regulated Digital Asset Market
Central Bank of Nigeria is set to play a central role in a new regulatory framework aimed at bringing the country’s fast-growing...
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412Economy & MarketNEC Approves $4.5b Refinancing of $3.3b Oil-backed Loan
The National Economic Council on Monday approved the refinancing of the $3.3bn Project Gazelle Pre-Export Finance Facility through a new $4.5bn facility...
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540Telecoms & ITMobile Market Rebounds to Highest Level Since 2024 –NCC
Nigeria’s mobile telecommunications market has recovered to its strongest level in more than two years, with total active subscriptions across the country’s...
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879Professional ServiceInsurance Set for Post-Recapitalisation Phase with 43 Insurers, Reinsurers
Forty-three insurance and reinsurance companies have met the new minimum capital requirements set by the National Insurance Commission (NAICOM), bringing to a...
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398Industry & MoneyOyedele Highlights Fiscal Incentives for Manufacturers
Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has said the Federal Government recognised manufacturing as central to the...
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409AgricultureBoA Unveils Digital, Value-Chain Strategy to Expand Agricultural Financing
The managing-director of the Bank of Agriculture (BoA),Ayodeji Sotinrin said the bank is repositioning its operations around digital lending, farmer aggregation, mechanisation...
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392Economy & MarketFG Targets 20% Manufacturing Contribution to GDP by 2030
The Minister of State for Industry, John Enoh, has said the Federal Government is working to increase the manufacturing sector’s contribution to...
