The Nigerian Economic Society (NES) has announced that Vice President Kashim Shettima and Dr. Iyabo Masha, Director of the Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development (G-24), …
Nigerian economy
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EconomyFinanceFinance ConferencesGovernanceInternational AffairsMonetary PolicyNigeria
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EconomyGovernment PolicyLabour PartyNigeriaPolitics
Peter Obi Slams Passport Fee Hike as Burden on Nigerians
Peter Obi, the Labour Party’s presidential candidate in the 2023 general elections, has condemned the recent hike in International Passport fees, calling it yet another burden on ordinary Nigerians. In …
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BankingBusinessEconomyFinanceINVESTMENTRegulation
GTCO Injects ₦365.85bn Into GTBank to Meet CBN Capital Requirement
Guaranty Trust Holding Company Plc (GTCO) has made a huge capital injection of ₦365.85 billion into its main subsidiary, Guaranty Trust Bank Limited (GTBank), in order to meet the Central …
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BusinessDangote IndustriesEconomyEnergy
Nigerians Spend N1.3tn on Petrol in June as Consumption Hits 1.44bn Litres
Nigerians spent about N1.3 trillion on Premium Motor Spirit (petrol) in June 2025, amid rising energy costs and heavy reliance on self-power generation, according to the latest data from the …
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BusinessEconomyFinancial RegulationFintechGovernment PolicyInsurance
Tinubu’s Insurance Reform Act 2025 Set to Transform Nigeria’s Insurance Industry
Nigeria’s insurance industry is preparing for major changes following the signing of the Nigerian Insurance Industry Reform Act (NIIRA) 2025 by President Bola Ahmed Tinubu earlier this month. The new …
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BusinessEconomyEnergyInternational RelationsNigeriaOil & Gas
Petrobras Eyes Return to Nigeria’s Oil Sector with Focus on Deepwater Opportunities
The Nigerian National Petroleum Company Limited (NNPCL) has disclosed that Petrobras, Brazil’s state-owned oil firm, is exploring new opportunities in Nigeria’s upstream oil and gas sector, with particular focus on …
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Central BankingCurrencyEconomyFinanceForeign AffairsMarkets
Naira Dips Slightly as Weekly Forex Inflows Slow
The Nigerian naira lost a little ground in the official foreign exchange market on Monday, slipping from N1,535.03 to N1,536.42 per dollar. The minor drop, according to market analysts, was …
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BankingBusinessEconomyFinanceNewsNigeriaTechnology
UBA Unveils Fifth Supersavers Promo with N150m Prize to Boost Savings Culture
The United Bank for Africa Plc has launched the fifth season of its Supersavers Promo, which will reward customers with N150 million in prizes while encouraging more Nigerians to embrace …
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AgricultureBusinessEconomyEmploymentManufacturingTrade
PepsiCo Partners DP World, Invests $20m in New Chips Plant to Boost Local Sourcing in Nigeria
PepsiCo, the multinational food and beverage giant, has deepened its presence in Nigeria with the unveiling of a new snack production plant through a strategic partnership with global logistics company …
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BusinessEconomyGovernanceLabourPolicies
Nigerian Printers Fault FG Ban on Outsourcing Jobs to Private Firms
The Gutenberg Print Professionals Association of Nigeria (GUPPAN) has strongly criticised the Federal Government’s new directive stopping Ministries, Departments, and Agencies (MDAs) from outsourcing printing contracts to private companies. The …