Latest News
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166Banking & FinanceCBN Emphasises Financial Inclusion
The Central Bank of Nigeria (CBN) has emphasised its commitment to financial inclusion for the greater benefit of the economy. CBN is...
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509Leadership & ManagementRMAFC Backs Direct Federation Allocations to LG Chairmen
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has called for a review of the revenue allocation formula to ensure that funds...
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123Local NewsElectricity Subsidy Spending Balloons to ₦762b
Electricity subsidy has increased to about N762bn in the first four months of 2025. Figures from various reports of the Nigerian Electricity...
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574Telecoms & ITCan the UK Become an AI Deployment Leader?
Entrepreneurs say the country is an ideal testbed for AI, but brain drain risks upending progress Prime minister Keir Starmer says the...
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608Telecoms & ITTelcos Order $1b Network Equipment from China –NCC
Telecom operators have ordered over $1bn in network infrastructure from original equipment manufacturers in China to overhaul and upgrade the quality of...
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201Stock MarketBears Tighten Grip as ASI Down 0.1%
EQUITIES Bearish sentiments persisted in the local stock market as sell pressures in GTCO (-3.5%) and ETI (-10.0%) caused a 0.1% decline...
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401Industry & MoneyMAN Cautions FG Against Planned Reintroduction of 4% Free-on-Board Levy
The Manufacturers Association of Nigeria (MAN) has expressed apprehension over the reported plans by the Nigeria Customs Service (NSC) to re-introduce the...
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802Telecoms & ITAfter 22 Years, NCC, House of Reps Initiate Review of Telecoms Act 2003
Twenty-two years after the Nigerian Communications Act 2003 was enacted and activated, the House of Representatives Committee on Communications, yesterday, began a...
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150Money MarketBudget Deficit: FG Accesses ₦2.5trn from Bond Market in Four Months
In a bid to bridge the 2025 budget deficit, the federal government through the Debt Management Office (DMO) has borrowed an estimated...
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177Banking & FinanceFIRS Orders Banks to Close Unauthorised Tax Collection Accounts
The Federal Inland Revenue Service (FIRS) has instructed all banks in Nigeria to immediately identify and close any tax and levy collection...
