All posts tagged "Featured"
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461Business NewsFood Import Bill Jumps 11.4% to $1.19b in H1, Spikes FX Demand
Nigeria spent $1.19 billion on food imports in the first half of 2026, an 11.41 per cent increase from $1.07 billion in...
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486Industry & MoneyNigeria’s Oil Demand Drops 30% as Middle East War Disrupts Supplies –IEA
Nigeria’s oil demand fell by nearly 30 per cent year-on-year in July as the Middle East war disrupted petroleum trade, tightened fuel...
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178Banking & FinanceCardoso: Domestic Investors Provided 20% of Banks’ ₦4.65tr Capital
Domestic investors accounted for slightly more than 20 per cent of the N4.65tn raised by Nigerian banks under the recapitalisation exercise, Central...
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360Economy & MarketFG Unveils $78.5b Investment Plan, Targets 7% Growth
As global stakeholders draw the curtain on the 2026 Annual Meetings of the International Monetary Fund and the World Bank in Bangkok,...
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368Business NewsIMF Endorses CBN Rate Cut, Warns Against Premature Easing
The International Monetary Fund has endorsed the Central Bank of Nigeria’s decision to cut its benchmark interest rate to 23 per cent,...
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697Telecoms & ITNCC Survey: Only 2 Licensees Ready for Internet Code
The Nigerian Communications Commission (NCC), has raised concerns over the preparedness of telecommunications and internet service licensees to implement the 2026 Internet...
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376Industry & MoneyWorld Bank: $12.4b Unrepatriated Oil Funds Eroded Nigeria’s External Surplus in H1
Nigeria’s external accounts lost the benefit of a substantial inflow of foreign exchange in the first half of 2026, as unexplained transactions...
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357Economy & MarketInflation Drops to 14.63%
The Consumer Price Index (CPI) which measures the rate of change in prices of good and commodities declined to 14.63 per cent...
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415AgricultureFG to Overhaul Wheat Industry’s Value Chain for Lower Costs, Imports
Plans are underway by the Federal Government to launch a new programme aimed at strengthening Nigeria’s wheat-based consumer foods industry. The new...
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671Leadership & ManagementPoverty Risks Persist Despite Nigeria’s Economic Stability –IMF
The International Monetary Fund has warned that rising prices of essential goods could worsen poverty and food insecurity in Nigeria despite improvements...
