The Nigerian National Petroleum Company Limited (NNPCL) has urged the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) to strengthen its role in facilitating new investments, especially in deepwater oil projects, to …
Economy
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EconomyEnergyGovernanceINVESTMENTOil & GasRegulation
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BusinessEconomyGovernanceTax & RevenueTaxation
Ogun Revenue Chief Backs Tax Enforcement to Curb Non-Compliance and Boost State Income
The Executive Chairman of the Ogun State Internal Revenue Service (OGIRS), Mr. Olugbenga Olaleye, has said that tax enforcement remains a crucial part of Nigeria’s tax system, especially in the …
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BankingBusinessEconomyEnergyForeign ExchangeNigeriaOil & Gas
Naira strengthens at official market as FX inflows fall 33%
The naira appreciated against the United States dollar in the official foreign exchange market on Monday, closing at ₦1,465.29 per dollar, even as Nigeria recorded a sharp 33 per cent …
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Anti-CorruptionEconomyFinanceGOVERNMENTPublic PolicyTax & Revenue
FG launches nationwide revenue recovery drive to plug leakages
The Federal Government has launched a nationwide revenue recovery exercise aimed at boosting inflows into the Federation Account and blocking financial leakages across key revenue-generating agencies. The initiative was unveiled …
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BusinessCapital MarketEconomyFinance & ServicesINVESTMENTNigeriaStock Market
Nigerian Stock Market Gains N611bn as Industrial Stocks Lift Investor Confidence
The Nigerian Exchange (NGX) opened the week on a strong note as investors recorded a combined gain of ₦611 billion, driven by renewed interest in industrial and mid-cap stocks, particularly …
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BankingConsumer ProtectionDigital PaymentsEconomyFinancial InclusionNigeriaRegulation
BCAN Backs CBN’s 24–48-Hour Refund Policy for Failed ATM Transactions
The Bank Customers Association of Nigeria (BCAN) has thrown its weight behind the Central Bank of Nigeria (CBN) over the newly proposed 24 to 48-hour refund policy for failed Automated …
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BankingEconomyFinanceFinancial InclusionFintechTechnology
Qore headlines NAMB 20th anniversary, pledges support for digital transformation in microfinance
As Nigeria’s microfinance industry celebrates two decades of driving financial inclusion and empowering communities, Qore, Africa’s leading Fintech Infrastructure and Banking-as-a-Service provider, has been announced as the headline sponsor of …
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Dangote IndustriesEconomyEnergyNigeriaOil & Gas
Nigeria Consumed 613.62 Million Litres of Petrol in One Year as Dangote Refinery Boosts Local Supply
Nigerians consumed a total of 613.62 million litres of Premium Motor Spirit (PMS), commonly known as petrol, between October 2024 and October 10, 2025, according to fresh data from the …
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African DevelopmentEconomyFinanceKenyaPublic Debt
Kenya’s Public Debt Hits KSh 11.97 Trillion as Borrowing From Lenders and Domestic Markets Rises
Kenya’s total public debt has climbed to KSh 11.97 trillion as of August 2025, representing 67.4 percent of the country’s Gross Domestic Product (GDP). This was disclosed in the National …
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AfricaEconomyFinanceGhanaMonetary Policy
Ghana Targets Early Exit from IMF $3bn Credit Programme by 2026
Ghana is on track to exit the International Monetary Fund’s (IMF) US$3 billion Extended Credit Facility (ECF) programme ahead of schedule, following strong economic recovery and improved fiscal performance, according …