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Business and Economy
Okpebholo Announces Interest-Free Loans for Edo Traders, Mechanised Farming to Begin in January
By Abigail Philip David
Edo State Governor, Senator Monday Okpebholo, has unveiled plans to launch interest-free loans for traders across the state starting January...
Nigeria’s $42.01bn External Reserves Can Finance Nine Months of Imports, CBN Declares
By Milcah Tanimu
The Central Bank of Nigeria (CBN) announced that the country’s external reserves of $42.01 billion can finance imports for more than nine...
PoS Operators Raise Withdrawal Charges Amid Cash Scarcity, Electronic Levy
By Milcah Tanimu
Point-of-sale (PoS) operators in Nigeria have raised withdrawal charges from N100 to N150 or N200 for every N5,000 transaction. The increase is...
Breaking News: Dangote Refinery Reduces Petrol Price to N899.50
By Abigail Philip David
Dangote Petroleum Refinery has announced a decrease in the price of Premium Motor Spirit (PMS) to N899.50 per litre, offering...
Tinubu: Nigeria Generates N14.55 Trillion Revenue in 2024’s First Three Quarters
By Milcah Tanimu
President Bola Tinubu announced that Nigeria generated N14.55 trillion in revenue during the first three quarters of 2024, reaching 75% of the...
Macroeconomic Uncertainties Hinder Nigeria’s Capital Market Growth – SEC DG
By Abigail Philip David
The Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has stressed the urgent need to address challenges...
Commercial Banks Turning PoS Terminals into Cash-Selling Ventures – Okai
By Abigail Philip David
A prominent member of the Peoples Democratic Party (PDP) and former House of Representatives candidate for the Dekina/Bassa federal constituency,...
Shell’s $5bn Bonga FID Ignites Hope for Asset Sales in Nigeria
By Milcah Tanimu
Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of Shell Plc, announced a $5 billion Final Investment Decision (FID) for...
World Bank Plans $1.65bn Loan Package for Nigeria in 2025
By Abigail Philip David
The World Bank has outlined plans to approve $1.65 billion in loans for Nigeria in 2025, focusing on three critical...
Key Business Stories to Watch This Week
By Milcah Tanimu
2025 Budget Presentation
President Bola Tinubu will present Nigeria's N47.9 trillion 2025 budget to the National Assembly on December 17. Key projections...
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