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Forex Inflows into NAFEM Rose to $4.74b in January –FMDQ

The total foreign exchange inflows into the Nigerian Autonomous Foreign Exchange Market (NAFEM) surged by 53.3 per cent month-on-month (m/m) to $4.74...

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Business News

Nigeria to Benefit from $4.4b Agro-industrial Investment –AfDB

President of the African Development Bank, Akinwumi Adesina, has revealed that Nigeria will gain significantly from a $4.4bn investment aimed at expanding...

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Real Estate

Housing Deficit: MOFI Unveils ₦100b Real Estate Fund

The Ministry of Finance Incorporated has announced the launch of the N100bn Series 2 Offering under the MOFI Real Estate Investment Fund,...

97

Money Market

SEC Unveils Capital Market Sensitisation for States

The Securities and Exchange Commission has announced plans to sensitise state governments on investment opportunities in the capital market as part of...

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The Entrepreneur

‘E-Commerce Has Potential to Drive Nigeria’s Economic Growth, Trade Integration’

The Minister of Communications, Innovation and Digital Economy, Bosun Tijani has said Nigeria’s e-Commerce has the potential to drive the country’s economic...

51

Local News

₦70,000 Minimum Wage: States’ Salaries Rise by 90% to ₦3.8tr

The amount budgeted for personnel costs, including salaries and allowances to state civil servants, has increased from N2.036tn spent in 2024 to...

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Banking & Finance

AfDB Dissatisfied with $210m Nigeria Agro-Industrial Zones Project

The African Development Bank has expressed dissatisfaction over the slow progress of the first phase of Nigeria’s Special Agro-Industrial Processing Zones project,...