Business and Economy
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Dangote Refinery IPO will transform people from fuel buyers to refinery owners – Aliko Dangote
The forthcoming Initial Public Offering (IPO) of Dangote Petroleum Refinery, scheduled for next Monday, presents Nigerians with a rare opportunity…
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Historic Niger Delta investment summit holds in Port Harcourt By Ehi Braimah
When I wrote in April about “Beyond oil: Niger Delta attracts investments for economic growth and development,” the central argument was…
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Heirs Energies concludes turn around maintenance; Resumes Gas supply to Geometric Power
Heirs Energies, the natural gas supplier to the 188-megawatt Geometric Power Plant in Aba in Abia State, has completed the…
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NACC welcomes AGOA extension to 2028, calls for swift action by Nigeria, Africa
Lagos, Nigeria The Nigerian-American Chamber of Commerce (NACC) has welcomed the signing by United States (US) President Donald J. Trump…
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How Fidelity Bank PAPSS is helping Nigerian businesses trade across Africa
For many Nigerian businesses, the next growth opportunity may be located beyond the country. A fashion entrepreneur may source premium…
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Dangote says refinery IPO is ‘for the people’ as share purchase process is simplified
President and Chief Executive of Dangote Industries Limited, Aliko Dangote, has declared that the forthcoming Initial Public Offering (IPO) of…
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Union Bank and Brand Chief receive accolades at WIMCA 2026
Lagos, Nigeria Union Bank of Nigeria has been recognised for its leadership in gender inclusion, emerging as Most Outstanding Bank…
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Tinubu approves CVFF disbursement as Oyetola directs faster loan processing
The Minister of Marine and Blue Economy, Dr Adegboyega Oyetola By Aisha Cole Lagos, Sept. 6, 2026 President…
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Alake charges OAU to add value to mining training, development
By Martha Agas Abuja, Sept.6 2026 The Minister of Solid Minerals Development, Dele Alake, has charged the authorities of Obafemi…
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How Africa can accelerate intra-African trade momentum By MRS KANAYO AWANI
Boosting trade flows amongst African countries remains a key economic priority. There is significant opportunity to accelerate the growing intra-African…
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Naira to Dollar exchange rate today, Thursday, September 3, 2026
The naira traded at ₦1,329.12 to the dollar at the Nigerian Foreign Exchange Market (NFEM) on Thursday, September 3, 2026,…
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NCDMB participates in Africa Oil Week 2026, champions local content, industrial growth
The Nigerian Content Development and Monitoring Board (NCDMB) on Tuesday participated actively in the Africa Local Content Programme, a key event at the ongoing Africa…
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U.S. investors remain Nigeria’s largest tech capital source – Consul General
By Aderonke Ojediran Lagos, Sept. 2, 2026 The United States Consul General in Lagos, Mr. Brandon Hudspeth says U.S.-based…
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Alake backs South-South push to unlock solid minerals wealth
The Minister of Solid Minerals Development, Dr. Henry Dele Alake, has pledged the Ministry’s full support to the South-South Development…
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Tinubu welcomes 4.43% GDP growth
By Muhyideen Jimoh Abuja, Aug. 31, 2026 President Bola Tinubu has welcomed Nigeria’s 4.43 per cent economic growth in the…
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Record US$947m July remittances bring Cardoso’s US$1bn monthly target within sight
ABUJA Nigeria recorded US$947 million in remittance inflows through International Money Transfer Operators (IMTOs) in July 2026, the highest monthly…
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Imo emerges 4th largest economy in Nigeria
Imo State, under Governor Hope Uzodimma, has emerged the fourth largest economy in Nigeria. According to BUdgiT, a prominent Nigerian…
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About 57% of technology products procured by govts, corporates in Nigeria are refurbished products sold as new – Leo Stan Ekeh
At a time when Nigeria is seeking to build a more competitive, digitally driven economy, a startling revelation emerged at…
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Tinubu orders forensic audit of IPPIS, federal agencies
By Muhyideen Jimoh Abuja, Aug. 28, 2026 President Bola Tinubu has ordered a comprehensive forensic audit of the Integrated Personnel…
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Dollar to Naira exchange rate today, Friday, August 28, 2026
The Nigerian Naira strengthened further against the United States dollar at the official foreign exchange market, with the latest indicative…
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NCDMB advocates pan-African local content collaboration to drive economic diversification, industrial development
Windhoek, Namibia | August 2026 The Nigerian Content Development and Monitoring Board (NCDMB) has called for deeper collaboration…
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Dangote Refinery raises petrol price to ₦1,200 per litre
The Dangote Petroleum Refinery has increased its petrol gantry price from ₦1,185 to ₦1,200 per litre, raising the possibility of…
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Afreximbank records 30% rise net income for first half 2026
By Okeoghene Akubuike Abuja, Aug. 26, 2026 The African Export-Import Bank (Afreximbank) and its subsidiaries (the Group) recorded a 30…
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NNPC, Shell, 2 others seal deepwater Bonga deal, target $21bn investment
By Emmanuella Anokam Abuja, Aug. 25, 2026 The Nigerian National Petroleum Company Limited (NNPC Ltd.) and the OML 118 Contractor…
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Afreximbank delivers strong half-year 2026 performance, driven by robust growth, profitability
Cairo, Egypt 24 August 2026 African Export-Import Bank (Afreximbank) and its subsidiaries (“the Group”) delivered a strong financial performance for…
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