Latest News
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256Local NewsPower Distribution Companies Face Sanctions Over Slow Metering
Electricity Distribution Companies (DisCos) have come under intense scrutiny over their slow metering rollout and dismal refund performance, as the Nigerian Electricity...
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86Economy & Market4% Development Levy not Additional Tax, Says FIRS
The Federal Inland Revenue Service (FIRS) said Nigeria’s newly enacted tax laws are designed to strengthen economic competitiveness, attract investments and improve...
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131Leadership & ManagementFG Unveils ₦54.43tr Budget as Debt Service Gulps ₦15.91tr
The Federal Government has projected total revenue of N50.74 trillion for 2026, alongside a targeted economic growth rate of 4.68 per cent,...
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101Banking & FinanceCBN Ends Cash Deposit Limit for Bank Customers
The Central Bank of Nigeria has removed all cash-deposit limits for bank customers while maintaining strict weekly withdrawal ceilings under a revised...
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80Stock MarketStock Market Closes Bullish as ASI Up 0.3%
EQUITIES The Nigerian equities market closed today’s trading session on a bullish note, as gains in BUACEMENT (+1.3%), UBA (+3.1%), GUINESS (+10.0%),...
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67Money MarketNGX Expands Market Offerings with Introduction of Commercial Paper Listings
Nigerian Exchange Limited (NGX) has introduced Commercial Paper (CP) listings, following approval from the Securities and Exchange Commission, marking another significant expansion...
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188Business NewsBoI, NCDMB Seal Pact on $100m NCIF Equity Investment Scheme
The Bank of Industry (BoI) and the Nigeria Content Monitoring and Development Board (NCDMB) have signed a Memorandum of Understanding (MoU) on...
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194Telecoms & ITTelcos Added ₦4.4tr to Economy in Q3 –Report
Telecommunications companies contributed N4.4tn to Nigeria’s Gross Domestic Product in the third quarter of 2025, representing 84.5 per cent of the N5.2tn...
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314Leadership & ManagementCBN Orders 48-hour Refunds for Authorised Push Payment fraud victims
The Central Bank of Nigeria has proposed new rules requiring banks and other financial institutions to refund victims of Authorised Push Payment...
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53Banking & FinanceCash Demand Surges As Currency Outside Banks Hits ₦4.65tr
Nigeria’s appetite for cash intensified in October as Currency Outside Banks (COB) climbed for the second consecutive month to N4.65 trillion, signalling...
