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Finance & Economy
What to Expect from the Markets this Week – 171125
This week, the macroeconomic space was dominated by the sustained uptick in private sector activities across major sectors, the postponement…
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Uncategorized
Nigeria’s Economic Outlook Improves to Positive from Stable
Nigeria’s economic prospects have received a boost, with S&P Global Ratings revising its outlook on the country to positive from…
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News
Nigerian banks lost N3.3 billion to fraud in the first quarter of 2025 – FITC
Nigerian Banks have recorded a N3.3 billion loss to fraudulent activities during the first quarter of 2025, a 603% year-on-year…
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Corporate Scorecards
Oando Plc’s Revenue Declines 20% Amidst Energy Market Volatility, Profit Surges on Tax Credit
Oando Plc, a prominent player in Nigeria’s energy sector, has reported a significant decline in revenue, with a 20% drop…
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News
FG targets N160b wheat production for 2025 dry season
The Minister of Agriculture and Food Security, Sen. Abubakar Kyari, has stated that the Federal Government of Nigeria aims to achieve an…
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News
Seplat Energy Rehabilitates 33 Wells, Targets Ending Routine Flaring, Cutting Emissions
Seplat Energy Plc has successfully rehabilitated 33 oil wells as part of its intensified efforts to enhance operational efficiency, close…
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News
FG plans 500 CNG stations nationwide in three years
The Federal Government is set to establish 500 Compressed Natural Gas refuelling stations across the country within three years, as…
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News
CBN tightening drove surge in fixed-income market – AIHN
The Association of Issuing Houses of Nigeria has said that the Central Bank of Nigeria’s aggressive interest rate hikes drove…
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Zacch Adedeji: Nigeria’s dwindling revenue is a call to reform — not sign of crisis
Zacch Adedeji, chairman of the Federal Inland Revenue Service (FIRS), says Nigeria should not see its dwindling revenue as a…
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Finance & Economy
S&P Upgrades Nigeria’s Outlook to Positive, Affirms ‘B-/B’ Rating on Sustained Reform Progress
S&P Global Ratings has revised Nigeria’s sovereign credit outlook to “Positive” from “Stable” while affirming its long- and short-term foreign and local-currency…
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