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Business and Economy

Rising Tomato Prices Prompt Housewives to Seek Alternatives

In the Federal Capital Territory, Abuja, some housewives are expressing their frustration as the cost of tomatoes continues to soar, leading them to find...

SERAP demands transparency in N400b fuel subsidy savings spending.

The Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Tinubu to provide a breakdown of the expenditure of approximately N400 billion saved...

HDTDA President highlights fuel subsidy removal as a major challenge for the transport industry

Mr. Uche Nebuwa, the National President of the Heavy Duty Truck Drivers Association (HDTDA), has emphasized that the removal of fuel subsidies poses a...

Nigerian Ports Authority (NPA) Initiates Overtime Cargo Evacuation

In an effort to enhance efficient operations at the ports, the Nigerian Ports Authority (NPA) has commenced the evacuation of overtime cargoes. This development...

Tinubu Pledges Financial System Reform and Budgetary Transparency

President Bola Tinubu, during a meeting at the Lagos House, Marina, with Governor Babajide Sanwo-Olu and other APC stalwarts, expressed his commitment to reforming...

External Reserves Fall By $2.85bn In First Six Months – CBN

Nigeria’s external reserves fell by $2.85bn in the first half of 2023 due to external debt finance among other challenges, figures obtained from the...

Sterling Bank and SMEDAN join forces to establish Nigeria’s largest SME Database

Sterling Bank Plc and the Small & Medium Enterprises Development Agency of Nigeria (SMEDAN) have entered into a Memorandum of Understanding (MoU) to establish...

Stanbic IBTC Nominees awarded Best Sub-Custodian Bank of 2023

Stanbic IBTC Nominees, a subsidiary of Stanbic IBTC Bank, has been recognized as the 'Best Sub-Custodian Bank' in Nigeria at the 2023 Global Finance...

SAHCO Records N11 Billion Revenue in 2022, Plans for Continued Growth

Skyway Aviation Handling Company (SAHCO) has reported a substantial increase in revenue, with a growth of 28% from N8.6 billion in the previous year...

DMO Releases N1.2trn FGN Bond Issuance Calendar for Q3

The Debt Management Office (DMO) has indicated plans to issue Federal Government of Nigeria (FGN) bonds valued at N1.2 trillion in its third quarter...

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