Economy
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Hard Times: Shoprite Stores Shut In Ibadan, Ilorin, Shelves Empty In Lagos, Abuja
This is not the best of times for the popular retail company, Shoprite in Nigeria as the firm struggles to…
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Lagos govt launches 2026 Budget Dialogue, vows to deepen social, infrastructure spending
The Lagos State Government has commenced its consultative forum for the 2026 budget cycle, with a commitment to deepen citizen…
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CBN unveils Payments System Vision 2028, to drive inclusive, innovative, secure financial ecosystem
The Central Bank of Nigeria (CBN) has kicked off the development of a new strategic framework for the country’s payments…
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FG defends 5% fuel surcharge, says not to burden Nigerians
The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, said the proposed fuel surcharge is…
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Nigeria’s N149.39trn debt profile alarming, time we reject reckless borrowing – Speaker Abbas talks tough
Speaker of the House of Representatives, Abbas Tajudeen, has raised alarm over Nigeria’s rising debt profile, warning that it has…
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Tinubu’s govt seeks fresh $1.75bn World Bank loan despite 40percent surge in revenue
The Federal Government plans to increase its borrowing despite a significant 40.5 per cent surge in revenue for the first…
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N4.8bn railway earnings threatened as Abuja-Kaduna, Warri-Itakpe halt train services
The ability of the Nigerian Railway Corporation (NRC) to surpass the N4.8 billion revenue it generated in 2024 is already…
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PenCom, NLC strengthen ties to advance pension scheme
The Director-General of the National Pension Commission (PenCom), Ms. Omolola Oloworaran, on Friday, August 29, 2025, paid a courtesy visit…
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Despite mounting debts, NNPCL declares N185bn profit, pays FAAC N7.9trn
The Nigerian National Petroleum Company Limited (NNPCL), yesterday, said that it made a profit after tax of N185 billion in…
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Foreign portfolio inflow drops 30.7% to N50.48 bn in July
The Foreign Portfolio inflow on the Nigerian stock market has dropped by 30.7% to N50.48 billion in July 2025 against…
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