Nine major Nigerian banks collectively spent N1.90 trillion on interest expenses in the first quarter of 2025, representing a sharp 43.2 per cent increase from the N1.33 trillion recorded during …
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FG Backs West Africa Industrial Summit, Pledges Support for Regional Manufacturing Growth
The Federal Government of Nigeria has announced its full support for the upcoming West Africa Industrialisation, Manufacturing and Trade (IMT) Summit and Exhibition, set to hold in Lagos from October …
The Cocoa Association of Nigeria (CAN) has raised concerns over the worsening state of the cocoa processing industry in the country, blaming high production costs, poor funding, and overtaxation for …
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Edo Faces Diphtheria Surge Know the Symptoms and Risks
Edo State faces a surge in suspected diphtheria cases. This past week, two lives were lost at the University of Benin Teaching Hospital (UBTH). Reports indicate UBTH is now overwhelmed …
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Africa Must Unite to Develop Gas Resources, Says Minister Ekperikpe Ekpo
Nigeria’s Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, has called on African countries to unite and form a strong regional partnership to develop the continent’s vast natural gas …
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President Barrow Launches Phase Three of Road Project in Gambia
BANJUL, THE GAMBIA – President Adama Barrow has announced the commencement of Phase Three of his administration’s massive national road infrastructure transformation project, promising to enhance connectivity, reduce flooding, and …
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FG Launches REV-OP to Tackle Revenue Leakages and Boost Transparency
The Federal Government of Nigeria has officially launched the Revenue Optimisation and Assurance Project, popularly called REV-OP, as a new step to reduce revenue leakages, improve transparency, and strengthen Nigeria’s …
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President Boakai Defends Use of Private Jet Amid Public Criticism and Economic Woes
MONROVIA, Liberia – Liberian President Joseph Boakai has responded to mounting criticism over his recent use of a private jet for international travel, stating that the decision was not motivated …
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South African Rand Drops Amid Iran-Israel Conflict
JOHANNESBURG, June 19 (Reuters) – The South African rand weakened in early Thursday trade, reflecting growing global risk aversion as the Iran-Israel conflict stretched into its seventh day and investors …
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High Court Slams JDG Trading’s Loan Insurance as Unreasonable to Social Grant Beneficiaries
JOHANNESBURG – The Gauteng High Court in Johannesburg has ruled that it is unreasonable and exploitative to offer insurance cover for disability and retrenchment to already disabled or unemployed social …