Business and Economy
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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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Dangote Refinery’s Free Fuel Delivery expands to Kano, Imo, nearly 10 more states
Dangote Petroleum Refinery & Petrochemicals has expanded its free petroleum product delivery initiative to Kano, Imo, Anambra and Nasarawa States,…
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Chevron Nigeria Limited highlights regulatory imperatives at PENGASSAN Summit
LAGOS, Nigeria, August 21, 2026 Chevron Nigeria Limited (CNL), operator of the Nigerian National Petroleum Company Limited and CNL Joint…
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Fidelity Bank deepens food relief efforts, supports over 1,000 families in Kogi State
Leading financial institution, Fidelity Bank Plc, has continued its efforts to address food insecurity and support vulnerable households with the…
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Shell reinforces safety commitment at CEO Contractors Forum
Shell on Wednesday, August 18, 2026, hosted chief executives of contracting companies in Lagos highlighting the need to sustain safe…
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Zenith Bank holds International Trade Seminar on Non-Oil Export, Tuesday, August 25, 2026
Zenith Bank Plc, Nigeria’s frontline financial institution, will hold the 10th edition of its International Trade Seminar on Non-Oil Export…
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Uzodimma, Oyedele seek stronger fiscal federalism, economic diversification …Why we’re in Owerri – Finance Minister
Governor Hope Uzodimma of Imo State and the Minister of Finance and Coordinating Minister of the Economy, Prof. Taiwo Oyedele,…
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Alake warns illegal miners, woos investors to reclaim abandoned pits
Abandoned mine sites in Kassa, Barkin Ladi in Plateau where seven miners died recently. By Martha Agas Abuja, Aug. 16,…
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I am not against Enyimba Economic City project — Otti; We’re ready to move forward – Ohuabunwa
By Ihechinyere Chigemeri-Uwom Isiala Ngwa (Abia), Aug. 14, 2026 Gov. Alex Otti of Abia says he is not opposed to…
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Tinubu vows to revive refineries after reset, welcomes validation of reforms by NUPENG
President Bola Ahmed Tinubu, on Thursday in Abuja, said refineries will not be allowed to waste away, given the huge…
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NLNG, NCDMB unveils research Centre to boost Nigeria’s engineering capacity
By Desmond Ejibas Port Harcourt, Aug. 13, 2026 The Nigeria LNG Limited (NLNG) and the Nigeria Content Development and…
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FG re-opens 3 bonds valued at N1.1trn for subscription for Aug
By Kadiri Abdulrahman Abuja, Aug. 13, 2026 The Debt Management Office (DMO), on behalf of the Federal Government, has announced…
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