Business
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$3.5bn Bakassi deep seaport will be funded without loan – C’River govt
Gov. Bassey Otu of Cross River says the Bakassi Deep Seaport project will be funded without the state taking any…
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Airtel raises data, call rates to reflect tariff hike
Airtel Nigeria, the country’s second-largest telecom operator, has revised its data pricing structure and implemented tariff adjustments, according to details…
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Naira appreciates to N1,565/$ in parallel market
The Naira yesterday appreciated to N1,565 per dollar in the parallel market from N1,570 per dollar on Wednesday. But the…
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FMN launches 4th season Prize for Innovation on livestock farming
Flour Mills of Nigeria PLC (FMN) has announced the call for entries for the fourth edition of its FMN Prize for…
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Top 15 insurance firms grow profit by 83.1% to N166.6bn
The top 15 insurance firms in the country recorded 83.1 percent growth in profitability to N166.6 billion in 2024 from…
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HFM Brings Institutional-Grade Trading Technology to African Retail Investors
Access to technology and financial markets is accelerating change in the trading landscape across Africa. Previously, basic trading tools and…
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CBN to sanction banks imposing ATM withdrawal limits below N20,000
The Central Bank of Nigeria (CBN) has warned that it will sanction banks that force customers to withdraw less than…
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Senate proposes N10bn fund for capital market investor education
The Senate has proposed a N10 billion special fund for investor education in the capital market as part of the…
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Nigeria’s oil output excluding condensate rises by 4% to 1.737m bpd
Nigeria’s oil output, including condensate, increased month-on-month, MoM, by 4 per cent to 1.737 million bpd in January 2025, from…
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Foreign portfolio investments increase 126.8% to N396.4bn
Foreign Portfolio Investments, FPIs, inflows through the Nigerian stock market grew by 126.8 % at the end of December 2024 to…
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