News
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NPA targets full automation of ports operation by 2024
The Managing Director of, the Nigerian Ports Authority (NPA), Mohammed Bello-Koko, has said the agency is working towards a fully-automated…
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CBN MPC Raises MPR to 16.50%
T The Monetary Policy Committee (MPC) at the end of today’s meeting elected to further hike the MPR and retain…
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NFIU flags N150tn transactions, EFCC tracks candidates’ spending
The Nigeria Financial Intelligence Unit has flagged suspicious transactions valued at over N150tn between January and March 2022, according to…
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The Naira Redesign – A Master Stroke or an Exercise in Futility?
The Central Bank of Nigeria (CBN), on 25 October 2022, announced that it would redesign the four higher value notes…
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African Development Bank Invests $20m in Private Equity Fund Targeting Renewable Energy Projects in Sub-Saharan Africa
The Bank’s support will contribute to an additional 2,162MW of installed renewable power generation capacity The Board of Directors of…
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Nigeria’s poverty exceeds World Bank projection, five states lead
The World Bank, which said that poverty reduction stagnated since 2015 under the regime of the President, Major General…
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Investors Lose N19.46bn as NGXASI Declines by 0.08%; Overnight Rate Closed Flat at 16.50%; BDC Appreciates to 790
. EQUITIES MARKET 1.1 NGX – Listed Equities Nigerian Equities Market closed negative as the key market indicator declined by 35.72bps amid negative market…
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23 Nigerians Make MIPAD Global Top 100 Under 40 List
100 young persons of African descent under 40 years have been recognized as the Most Influential People of Africa Decent…
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NCP okays governance framework for $3bn hydropower plant in Benue
The National Council on Privatisation (NCP) has approved a governance framework for the development of a $3 billion hydropower plant…
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States to get $1bn grant from World Bank Dec – Zainab
The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed has said states will soon get $1 billion as…
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