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Business and Economy

PoS Operators Raise Withdrawal Charges Amid Cash Scarcity, Electronic Levy

By  Milcah  TanimuPoint-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 DavidDangote 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   TanimuPresident 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 DavidThe 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 DavidA 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   TanimuShell 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 DavidThe 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   Tanimu2025 Budget Presentation President Bola Tinubu will present Nigeria's N47.9 trillion 2025 budget to the National Assembly on December 17. Key projections...

Old and Redesigned Naira Notes Remain Legal Tender – CBN

By Abigail Philip DavidThe Central Bank of Nigeria (CBN) has reiterated that the old N1000, N500, and N200 banknotes remain valid as legal...

Tegbe Visits China Chamber of Commerce, Vows to Boost Chinese Investments in Nigeria

By Michael Onjewu, AbujaThe Director-General and Global Liaison of the Nigeria-China Strategic Partnership, Joseph Tegbe, has vowed to attract more Chinese investments in key...

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