Keystone Bank Limited has signed a strategic Memorandum of Understanding (MoU) with the Enterprise Development Centre (EDC) of Pan-Atlantic University to drive support for small and medium-sized enterprises (SMEs), promote …
NIGERIA ECONOMY
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Banking, Finance & InvestmentBusinessDevelopmentEconomyEducationEntrepreneurshipNigeria
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EconomyFinance & ServicesGOVERNMENTNigeria
FG, States, LGs Share N1.659trn FAAC Revenue for May 2025
The Federal Government, State Governments, and Local Government Councils have shared a total revenue of ₦1.659 trillion for the month of May 2025, according to a communiqué issued at the …
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AfricaDevelopmentEconomyFinance & ServicesInfrastructureINVESTMENTNigeria
EY Nigeria to Host Roundtable on Boosting Africa’s Development
EY Nigeria has announced a major roundtable discussion that will focus on how private capital can be used to speed up Africa’s development plans. The event, which will hold next …
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EconomyGOVERNMENTInternational RelationsNigeria
Nigeria Owes Over $19.5m in UN Dues Despite Global Funding Crisis
Nigeria has only paid about 36 per cent of its financial contributions to the United Nations (UN) over the past five years, raising concerns about the country’s commitment to its …
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AfricaDevelopmentEconomyEntrepreneurshipInternational RelationsINVESTMENTNigeriaPoliciesTrade and Commerce
Ohuabunwa Criticises Government’s Lukewarm Trade Policy
Founder and former CEO of Neimeth Pharmaceutical, Mazi Sam Ohuabunwa, has criticised the Nigerian government for its slow and disinterested approach to trade and franchising, warning that the lack of …
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EconomyFinance & ServicesMarketsNewsNigeria
Naira Hits Two-Month High of ₦1,565.46/$ Amid Strengthening Reforms and Policy Stability
The Nigerian naira on Wednesday reached its strongest level in over two months, closing at ₦1,565.46 to the dollar at the official foreign exchange (FX) market. This marked a ₦13.82 …
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AfricaBrand ComparisonBusinessBusiness and EconomyBusiness InsightsDangote IndustriesDevelopmentManufacturingNigeriaProduct ComparismProduct ReviewReal EstateWestern Africa
Dangote Cement vs. BUA Cement in Nigeria’s Construction Sector
Cement is an indispensable material in Nigeria’s rapidly expanding construction sector, forming the fundamental component for a vast array of projects, from residential homes and commercial complexes to critical national …
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BusinessEconomyFinance & ServicesGOVERNMENTMarketsPoliciesPolitics
Naira Gains Ground Against Dollar as CBN Holds Interest Rate Steady
The Nigerian naira has shown consistent strength against the US dollar throughout the week, culminating in a notable appreciation on Friday, May 23, 2025.Data from the Central Bank of Nigeria …
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Banking, Finance & InvestmentBusinessBusiness InsightsBusiness PoliciesEconomyFinance & ServicesGOVERNMENTMarketsOil & GasPolicies
CBN Holds Interest Rate Steady Amid Stronger FX Stability and Rising Reserves
The Central Bank of Nigeria (CBN) has decided to keep its interest rate steady at 27.5 per cent. This decision was announced after the bank’s 300th Monetary Policy Committee (MPC) …
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Banking, Finance & InvestmentEconomyFinance & ServicesGOVERNMENTNigeriaPolicies
Federal Government Inaugurates New AMCON Board, Sets Timeline for Wind-Down
The Federal Government has officially inaugurated a new Board of Directors for the Asset Management Corporation of Nigeria (AMCON), with a strong message to focus on recovering assets and begin …