Business and Economy
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Stanbic IBTC Holdings raises N148.7bn, exceeds CBN’s recapitalisation benchmark
By Grace Alegba Lagos, July 8, 2025 Stanbic IBTC Holdings Plc has successfully concluded its Rights Issue, raising N148.7 billion…
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AfCFTA Adjustment Fund Credit Fund closes first deal – US$ 10 million investment in Telecel Global Services Ltd.
Kigali, Rwanda, 8 July 2025 The Credit Fund of the AfCFTA Adjustment Fund has successfully closed its first investment, committing…
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NNPC Ltd. donates 35 CNG buses to P- CNGI
By Emmanuella Anokam Abuja, July 7, 2025 The NNPC Ltd. has handed over 35 hybrid Compressed Natural Gas (CNG)-powered buses…
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Bank Al-Maghrib signs up to PAPSS, establishing Morocco as its 17th country of presence
Cairo, Friday 7 July 2025 The Pan-African Payment and Settlement System (PAPSS) has announced the entry of the Kingdom of…
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CBN clarifies NRBVN charges for Nigerians in Diaspora; Reaffirms commitment to financial inclusion
ABUJA The Central Bank of Nigeria (CBN) has clarified recent speculations regarding charges related to the newly launched Non-Resident Bank…
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Maritime security: NIMASA docks Deep Blue Vessel at Nigerdock
The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dayo Mobereola, has reaffirmed the Agency’s commitment…
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Nigeria brands shine at groundbreaking trade fairs in U.S.; ‘Keep the dream alive’ – Consul General Jidda
By Tiamiyu Arobani New York, July 5, 2025 Nigerian-owned brands on Saturday lit up New York at the maiden edition…
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Local Content, NCDMB on the spotlight at 2025 Nigeria Oil and Gas Conference By Dr. Obinna Ezeobi
The recently held 2025 Nigeria Oil and Gas (NOG) Conference in Abuja highlighted the pivotal role of the Nigerian Content…
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All roads lead to LaGuardia Plaza Hotel, New York, for mother of all exhibitions
Ambassador Abubakar Jidda, Consul General of Nigeria, New York, USA Some pictures from the London Exhibition All roads will…
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Chevron advocates pragmatic approach to the future of energy at NOG 2025
Chairman and Managing Director, Chevron companies in Nigeria, Jim Swartz has advocated a balanced and pragmatic approach to the future…
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IMF lauds CBN’s reforms on economic recovery
By Grace Alegba Lagos, July 2, 2025 The International Monetary Fund (IMF) has commended the Central Bank of Nigeria (CBN)…
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Access Bank reaffirms commitment to climate governance
By Grace Alegba Lagos, July 1, 2025 Access Bank Plc has reaffirmed its leadership in sustainable finance by participating in…
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Afreximbank completes upsizing of reserve-based lending facility for Oando to $375 million
Cairo, Egypt, 01 July 2025 African Export-Import Bank (Afreximbank) has successfully completed upsizing its reserve-based lending facility in favour of…
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Four years of PIA implementation: How far, so far! By Akpandem James
On August 16, 2021, the then President of Nigeria, Muhammadu Buhari, signed the Petroleum Industry Bill (PIB) into law. He…
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Energy experts say Dangote’s initiative will reduce production costs, ease inflationary pressures, stimulate economic growth
The new initiative of the Dangote Petroleum Refinery has continued to draw accolades from energy experts in the country, with…
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NCDMB incorporating Nigeria First Policy to boost implementation – Ogbe
By Emmanuella Anokam Abuja, June 30, 2025 The Nigerian Content Development and Monitoring Board (NCDMB), says it is incorporating the…
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Renaissance Africa Energy to unveil brand at NOG 2025
Renaissance Africa Energy Company Limited is set to unveil its corporate brand at the Nigeria Oil and Gas (NOG) Energy…
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Debt service payments by developing countries hit $921bn in 2024 – UN report
By Tiamiyu Arobani New York, June 28, 2025 Debt service payments by developing countries soared by 74 billion dollars in…
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Why Tinubu conferred GCON honour on Afreximbank’s President, Oramah
By Vivian Ihechu Abuja, June 27, 2025 (NAN) President Bola Tinubu on Friday conferred the national honour of Grand Commander…
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NNPCL cries out over ‘coordinated sabotage campaign’ against its leadership
The Nigerian National Petroleum Company Limited (NNPC Ltd.) says it “has uncovered an emerging coordinated sabotage campaign being waged by…
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Renaissance unites 500 CEOs to advance oil, gas growth
Port Harcourt, Rivers State – 26/06/2025 Renaissance Africa Energy Company Limited has rallied the support of nearly 500 chief executive…
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Fidelity Bank hits N1trn market cap after share price increase
The market capitalisation of Fidelity Bank has crossed the N1 trillion mark as the share value of the company appreciated…
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Seafarers’ Day: Blue Economy Minister launches NIMASA Maritime Labour E-Platform
In a major milestone towards building a smarter, more transparent, and efficient maritime sector, the Federal Government has launched the…
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Tinubu signs four tax bills into law Thursday
President Bola Tinubu will, on Thursday, sign into law four groundbreaking tax reform bills that will transform Nigeria’s fiscal and…
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Countdown to Houston, New York City mega exhibitions begin (See details below)
The countdown to the highly anticipated exhibition of the prime products of 50 prominent Nigerian companies in Houston Texas…
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