CBN Projects 4.17% GDP Growth for Nigeria in 2025
The Central Bank of Nigeria (CBN) has forecasted a 4.17% GDP growth for 2025, signaling optimism for faster economic expansion.
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Business
World Bank Imposes Ban on Two Nigerian Firms and CEO for Corruption
The World Bank Group has imposed a 30-month ban on two Nigerian companies, Viva Atlantic Limited and Technology House Limited,
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FG Approves New 10,000 Barrels Refinery in Delta State
The Federal Government has approved the construction of a new 10,000 barrels per stream day (BPSD) refinery in Imode, Ughelli,
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PenCom Makes BVN Mandatory for RSA Holders Starting February
The National Pension Commission (PenCom) has announced that starting February 1, all Retirement Savings Account (RSA) holders must provide their
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Nigerian Idol Season 10 Auditions Open as MultiChoice Invites Talented Singers
MultiChoice Nigeria has officially announced the opening of auditions for the highly anticipated 10th season of Nigerian Idol, offering a
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Ecobank Unveils Sustainable Art Installation to Support Nigerian Artists
Ecobank Nigeria has launched a new sustainable art installation titled Kong in a Cage, created by Nigerian artist Toyeeb Ajayi.
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Nigerian Government Introduces Two New Savings Bond Offers with High Interest Rates
The Nigerian government, through the Debt Management Office (DMO), has announced two new savings bond offers aimed at providing safe
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Why Some Petrol Stations Are Still Selling Above N1,000 per Litre
Petroleum marketers have explained why some filling stations in Nigeria are still selling petrol above N1,000 per litre, despite recent
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Dangote Refinery Accounts for 13 Percent of Nigeria’s Crude Exports in 2024
The Dangote Petroleum Refinery retained 13% of Nigeria’s crude oil exports as domestic supply in 2024, according to a new
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Airtel CEO Advocates for Gradual Tariff Hike to Sustain Telecom Services
Airtel Nigeria’s CEO, Dinesh Balsingh, has emphasized the need for a tariff increase in the telecom sector, citing rising operational
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Landmark Africa to Relocate HQ, Expand Across Africa After Beach Demolition
Landmark Africa, the company behind the Landmark Beach Resort in Lagos, has announced plans to relocate its Nigerian headquarters and
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Why Only Lagos Governor Met with Tax Reform Committee – Oyedele Explains
Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, has addressed concerns about the committee’s stakeholder
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Oil Companies and Dangote Sign Deal for Affordable Petrol Supply
The Dangote Petroleum Refinery has announced a new partnership with Heyden Petroleum and Ardova Plc to ensure the supply of
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Tax Reforms Will Benefit Workers, Oyedele Reassures NLC
Taiwo Oyedele, chairman of the presidential committee on fiscal policy and tax reforms, has reassured Nigerians that the proposed tax
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Nigeria Receives $1.5bn from World Bank for Subsidy Removal and Tax Reforms
Nigeria has successfully received a $1.5bn loan from the World Bank after implementing significant economic reforms, including the removal of
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Oil Marketers Reduce Petrol Price by 11.8% to N939.50 Per Litre
In a positive development for Nigerian consumers, oil marketers lifting Premium Motor Spirit (PMS), commonly known as petrol, from Dangote
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Konga Prepares to Revolutionize Media with AI-Powered FM Radio Station
Konga, a leading e-commerce group in Nigeria, is preparing to launch its groundbreaking AI-powered FM radio station, KongaFM, in January
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Dangote Refinery Reduces Petrol Price to Ease Holiday Burden
Dangote Petroleum Refinery has announced a significant reduction in the price of its Premium Motor Spirit (PMS), commonly known as
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Google, Facebook, and Others Contribute N3.8tn in Taxes to FG – Report
Foreign companies like Google, Netflix, Facebook, and others operating in Nigeria paid a total of N3.85 trillion in taxes to
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Despite $3.3bn Agricultural Loan, Food Inflation Increases to 40% in Nigeria
Despite the Nigerian government’s efforts to combat rising food prices, food inflation has surged to nearly 40%, leaving many Nigerians
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