Latest News
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2.7KMoney MarketCBN May Sue FX Contract Violators After Audit
The Central Bank of Nigeria has disclosed that it is considering legal actions against the violators of the foreign exchange forward contracts...
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374Economy & MarketCBN, NDIC Reaffirm Commitment to Financial Stability
The Central Bank of Nigeria (CBN) has pledged to partner with the Nigeria Deposit Insurance Corporation (NDIC) to protect the financial system...
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4.2KTelecoms & ITTelecom Sector Suffers 1100 Fibre Cuts, 545 Access Denial, 99 Theft
Despite designating information communication technology (ICT) infrastructure as Critical National Information Infrastructure (CNII) through an Executive Order by President Bola Tinubu, the...
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387Business NewsNigeria’s Energy Future at Risk, NUPRC Warns
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has raised the alarm over looming manpower shortages, which threatens the sustainability and competitiveness of...
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286Economy & MarketFG Warns Against Future Delays in GDP Release
The Federal Government has lamented that delays in computing and releasing GDP (Gross Domestic Product) figures hampers the effectiveness of policy planning...
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2.5KStock MarketNGX Hits 26-Day Bullish Run as ASI Up 0.5%
EQUITIES The local bourse closed higher yet again, as gains in BUAFOODS (+8.7%), GUINNESS (+10.0%) and ETI (+2.8%), drove the All-Share index...
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329Economy & Market
Oil Tax Revenue Surges 41.7% to ₦3.69tr
Improved crude oil production and better compliance from oil companies have pushed Nigeria’s oil tax revenue to N3.69tn in the first half...
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3.5KMartimeNigeria, China to Unlock $2b Maritime Investment
The Federal Government, through the Ministry of Marine and Blue Economy, is advancing a Nigeria–China Maritime Strategy aimed at unlocking over $2...
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488Stock MarketForeign Investors Sell Off ₦576b Nigerian Stocks in Six Months
Foreign investors sold off equities worth N576.09bn on the Nigerian Exchange between January and June 2025, representing an 84.97 per cent increase...
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2.5KStock MarketBulls Strengthen Grip as ASI Up 0.7%
EQUITIESThe bulls continued to dominate the Nigerian equities market, resulting in 25 consecutive trading session gains. Today’s sentiments were buoyed by bargain...
