Latest News
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126Professional ServiceDespite Economic Downturn, Nigeria’s Non-pension AuM Up 71% to ₦10.1tr
Despite a tumultuous economic climate, Nigeria’s non-pension asset management industry experienced remarkable growth in 2024, with total assets under management (AuM) increasing...
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122Banking & FinanceCurrency in Circulation Rises to ₦5.01tr, Cash Outside Banks Now ₦4.63tr
Currency in circulation (CIC) in Nigeria climbed to N5.015 trillion in May 2025, marking a modest increase from N5.003 trillion in April,...
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301Industry & MoneyFG Should Prioritise Steel for Sustainable Blue Economy –SEREC
The Sea Empowerment and Research Centre (SEREC) has urged the federal government, through the Ministry of Marine and Blue Economy, to prioritise...
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91Business NewsManufacturers Seek Access to Cheaper Raw Materials at Regional Trade Exhibition
Paint manufacturers in Nigeria are intensifying efforts to secure more affordable raw materials by pursuing regional partnerships and alternative sourcing strategies. This...
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143Stock MarketStock Market Opens Second Half of the Year Negative
EQUITIES The domestic equities market opened the second half of the year on a negative note, as sell pressures on DANGCEM (-3.4%),...
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437Business NewsNNPC Grows Revenue to ₦6tr in May
The Nigerian National Petroleum Company Limited generated a total revenue of N6.008tn in May 2025, marking a marginal increase from the N5.972tn...
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435Local NewsOil Firms Remitted ₦57b to Host Communities –FG
Oil and gas companies operating in Nigeria remitted a total of N57.07bn to Host Community Development Trusts in 2024, the Nigerian Upstream...
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660Foreign NewsOil Eases on Expectations of More OPEC+ Supply, Tariff Fears
Oil prices edged down on Tuesday, weighed by expectations of an OPEC+ output hike in August and concerns of an economic slowdown...
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665Money MarketGlobal Stock Rally Extends in Asia, Dollar Steady
Stocks kicked off the second half by building on a record-breaking rally as expectations grow that the US economy will withstand uncertainties...
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382Banking & FinanceBanks’ Deposits with CBN Soar 907% to ₦68.9tr
Banks have increased their deposit with the Central Bank of Nigeria, CBN, by 907.3 percent Year-on-Year, YoY, to N68.9 trillion in the...
