Economy & Business News
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Over 25% of table water producers shut down in Ogun
The Association of Table Water Producers of Nigeria (ATWAP), Ogun State Chapter, has revealed that over 25% of its members…
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Naira becoming most unpredictable currency amid forex crisis – BDC
The Association of Bureau De Change Operators of Nigeria (ABCON) has raised concerns over the naira’s increasing volatility, warning that…
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Tony Elumelu Foundation launches $15m grant for 3,000 African entrepreneurs
The Tony Elumelu Foundation (TEF) has announced a $15 million grant to support 3,000 young entrepreneurs across 52 African countries under…
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NGX lifts trading suspension on Mutual Benefits Assurance Plc shares
The Nigerian Exchange Ltd. (NGX) has lifted the trading suspension on the shares of Mutual Benefits Assurance Plc, effective Thursday,…
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UH Real Estate Investment Trust jumps 27% in March, hits N56.90
UH Real Estate Investment Trust (UH REIT) has recorded a significant surge in the Nigerian stock market this March, climbing…
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Peter Mbah confident in achieving N600 billion IGR target for Enugu in 2025
Enugu State Governor, Peter Mbah, has assured residents that his administration is on course to meet its ambitious N600 billion…
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Telecom operators seek state-based pricing, ‘higher rates in tough states’
Nigeria’s Telecommunications operators are considering shifting from the current national tariff structure to a regional tariff regime that accounts for…
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EFCC warns against illegal oil bunkering, assures IPMAN of supply integrity
The Economic and Financial Crimes Commission (EFCC) has reaffirmed its commitment to combating illegal oil bunkering and ensuring petroleum product…
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Naira weakens at official market, gains in black market
The Nigerian Naira recorded a significant drop against the US dollar at the official foreign exchange market between March 14…
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Youth unemployment threatens Nigeria’s global standing – Expert warns
Policy experts at Nextier, a leading policy and research firm, have raised concerns over Nigeria’s declining diplomatic influence, warning that…
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“We are not shutting down” – 9mobile reassures customers
Telecommunications company 9mobile has debunked rumors suggesting that it has shut down operations in Nigeria, describing such claims as false…
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Kaduna generates N14.16 billion IGR in first two months of 2025
The Kaduna State Internal Revenue Service (KADIRS) has announced that it generated N14.16 billion in Internally Generated Revenue (IGR) in…
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Apple TV+ lags behind Netflix and Amazon, losing over $1 billion annually
Apple is facing challenges in making its streaming service, Apple TV+, profitable, despite investing billions of dollars in original content.…
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Health inflation drops to 17.50%, medical costs continue to rise
Nigeria’s health inflation rate slowed to 17.50% in February 2025, reflecting a moderation in the pace of price increases for…
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Naira appreciates to N1,580 against dollar amid oil market uncertainties
The naira opened Friday’s trading session at N1,580/$ in the parallel market, appreciating slightly from N1,590/$ on Thursday, despite a…
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Leo DaSilva narrates how a company went into “generational debt” because of President Tinubu
Reality TV star, Leo DaSilva has disclosed the struggles and challenges a company he raised money for faced after President…
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