The Minister of Information and National Orientation, Mohammed Idris, has said that Nigeria’s economy is showing steady signs of improvement due to the series of reforms introduced by President Bola …
Nigerian economy
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BusinessEconomyFintechTechnology
Transactpay Launches ₦20 Million Grant to Support Young Nigerian Entrepreneurs
A Nigerian fintech company, Transactworld Digital, has launched a new ₦20 million business grant to support young entrepreneurs and small businesses across the country. The initiative, called the Transactpay Thrive …
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Banking, Finance & InvestmentEconomyEnergyFinance & ServicesGOVERNMENTINVESTMENTPolicies
Nigeria’s Eurobond Yields Drop to Two-Month Low as Oil Prices Rise
Yields on Nigeria’s Eurobonds have fallen to their lowest point in two months, following a rise in global oil prices and renewed confidence from international investors. This development is seen …
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Banking, Finance & InvestmentEconomyMarketsNewsNigeriaPoliciesTrade and Commerce
Standard Chartered Urges Africa to Leverage Regional Trade
Standard Chartered Bank Nigeria Limited has called on African countries to take advantage of emerging global trade shifts by strengthening regional value chains and reviewing their exposure to international markets. …
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The Corporate Affairs Commission (CAC) has announced that it will begin implementing new service charges starting from August 1, 2025. The agency said the fee adjustment became necessary due to …
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EconomyNewsNigeriaPoliticsSecurity
Senator Ali Ndume Rejects Early Tinubu 2027 Endorsement, Cites Economic, Security Concerns
Senator Ali Ndume, the lawmaker representing Borno South Senatorial District, has openly distanced himself from the recent endorsement of President Bola Ahmed Tinubu for a second term in office. The …
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ABUJA, Nigeria — The Federal Government has said the removal of petrol subsidy by President Bola Ahmed Tinubu has ended a longstanding economic drain, saving Nigeria over $84 billion and …
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Banking, Finance & InvestmentBusiness PoliciesEconomyMarketsNigeriaPolicies
Naira Appreciates to ₦1,553.11/$ Amid BDC Recapitalisation Drive
The Nigerian Naira continued its steady upward trend in the official foreign exchange market on Thursday, June 6, closing at ₦1,553.11 per dollar, as reported by the Central Bank of …
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DevelopmentEconomyEventsGOVERNMENTPolicies
NESG Partners News Central TV to Boost Coverage of Nigerian Economic Summit 2025
The Nigerian Economic Summit Group (NESG) has entered into a strategic media partnership with News Central Television to enhance coverage, public engagement, and outreach for the upcoming Nigerian Economic Summit …
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BusinessDangote IndustriesEconomyInfrastructureOil & GasWestern Africa
Fuel Cheaper in Nigeria Due to Low Taxes and High Consumption – MEMAN, Dangote Say
The Major Energies Marketers Association of Nigeria (MEMAN) has said that low taxation is one of the main reasons why petrol is cheaper in Nigeria than in other West African …