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CATEGORY

Business and Economy

FBN Shareholders Demand Otedola’s Removal Amid Governance Concerns

By   Milcah   TanimuShareholders of FBN Holdings Plc have demanded an Extraordinary General Meeting (EGM) to remove chairman Femi Otedola. They cite concerns over governance...

Nigeria’s Inflation Projected to Drop to 27% by December 2025 – Report

By Abigail Philip DavidNigeria’s inflation rate is expected to decline to 27.1% by December 2025, according to the latest NESG-Stanbic IBTC Business Confidence...

PETROAN Clarifies N100bn Grant Request as Loan, Not Free Money

By   Milcah   TanimuThe Petroleum Product Retail Outlet Owners Association of Nigeria (PETROAN) has clarified that its N100bn request to President Bola Tinubu is not...

China Bank Approves $254M Loan for Kano-Kaduna Railway Project

By   Milcah   TanimuThe China Development Bank (CDB) has approved a $254.76 million loan to fund the Kano-Kaduna railway project in Nigeria. The loan, announced...

China Development Bank Okays $254.76m for Kano-Kaduna Railway Project

By Michael Onjewu, AbujaThe China Development Bank has announced the approval of a $254.76 million (€245m) loan to support the completion of the Kano-Kaduna...

Dangote Refinery Completes First Petrol Export to Cameroon

By  Milcah   TanimuDangote Refinery has made its first petrol export to Cameroon, marking a key milestone in its regional expansion. Located in Lagos, Nigeria,...

CBN Strengthens Nigeria’s Economy Through Strategic 2024 Financial Reforms

By   Milcah   TanimuThe Central Bank of Nigeria (CBN) has made significant strides in stabilizing Nigeria’s economy through a series of financial reforms in 2024....

NNPCL Urged to Prioritize Local Refineries Over Foreign Partnerships

By  Milcah   TanimuA coalition of concerned Nigerian citizens has called for the Nigerian National Petroleum Corporation (NNPCL) to focus on supplying crude oil to...

Nigerian Mutual Funds’ Assets Surge 80% to N3.75trn in 2024

By  Milcah   TanimuNigerian investors are increasingly investing in Mutual Funds. Assets surged 80.3% to N3.75 trillion as of December 13, 2024, up from N2.08...

NNPCL Indicted for ₦514 Billion Misappropriation in 2021

By   Milcah   TanimuA recent audit report by Nigeria’s Auditor-General has indicted the Nigerian National Petroleum Company Limited (NNPCL) for the misappropriation of funds and...

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