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in BusinessNigeria’s Comeback Story: Central Bank of Nigeria Wins Global Central Bank of the Year 2026 Award
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow In a major boost to Nigeria’s global economic reputation, the Central Bank of Nigeria (CBN) has been named Global Central Bank of the Year 2026 at the prestigious Central Banking Awards. The award, announced on March 17, 2026, forms part of the 13th […] More
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in Business
CAN NGX TRADING COST BE LOWERED?
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow Recently, a post on X platform, appealed for transaction cost to come down on the NGX, our Stock market Exchange trading platform. The writer appealed on behave of small retail investors who trade on NGX, saying trading cost are high and not encouraging […] More
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in Business
Nigeria’s Economy Accelerates to 4.07% Growth in Q4 2025
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow Nigeria’s economy ended 2025 on a powerful upswing, recording 4.07% year-on-year growth in the fourth quarter, its fastest quarterly performance in years, according to fresh data from the National Bureau of Statistics. The figure represents a steady climb from 3.76% in Q4 2024 […] More
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in Business
Nigeria’s Public Debt Surges to ₦153.29 Trillion in Q3 2025 as Fiscal Pressures Persist
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow Nigeria’s total public debt stock rose to ₦153.29 trillion as of September 30, 2025, according to newly released data from the Debt Management Office (DMO), confirming a continued upward trend in the country’s borrowing profile amid ongoing fiscal pressures. The figure, contained in […] More
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in Business
Aliko Dangote Warns “No Power, No Growth” — Predicts ₦1,000/$ Naira by 2026 and Confirms Major Succession Move
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow Africa’s richest businessman, Aliko Dangote, has ignited fresh national debate after delivering a blunt warning on Nigeria’s electricity crisis and projecting a dramatic shift in the value of the Naira. Speaking at the launch of the National Industrial Policy 2025 in Abuja, the […] More
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in Business
PayPal Nigeria Return: Why Nigerians are Saying “No Thanks” After 20-Year Ban
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow After two decades of being treated as the global economy’s persona non grata, Nigeria has finally been handed the keys to the PayPal kingdom. But in a plot twist the Silicon Valley giant likely didn’t see coming, Nigerians aren’t rushing to the door—they’re […] More
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in Business
$7 Trillion Precious Metals Crash: Gold & Silver Plunge
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow Global precious metals markets were sent reeling in a historic 36-hour sell-off that erased an estimated $7 trillion or more from gold, silver, platinum, and palladium. The dramatic correction, which unfolded between late January 29 and January 31, represents the largest metals crash […] More
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in Business
The $20 Billion Handshake: Shell’s Mega Bet Signals a New Energy Era for Nigeria
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow Nigeria’s position on the global energy map received a major boost on Monday as energy giant Shell confirmed a $20 billion investment commitment to the country, following a high-level meeting between its Chief Executive Officer, Wael Sawan, and President Bola Ahmed Tinubu at […] More
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in Business
Anambra Government Shuts Onitsha Main Market for One Week Over Monday Sit-at-Home Disruptions
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow The Anambra State Government has ordered the one-week closure of the Onitsha Main Market, citing what it described as sustained economic sabotage arising from the continued observance of the Monday sit-at-home practice. The state government announced that the sanction will henceforth apply to […] More
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in BusinessCBN Sets Tough New ATM Rules: Banks Must Deploy One ATM for Every 5,000 Cards Issued
Follow ( 2 Followers ) X Follow E-mail : * Follow Unfollow The Central Bank of Nigeria (CBN) has rolled out new minimum standards for the deployment, operation, maintenance, and security of Automated Teller Machines (ATMs), signaling a major regulatory push to improve cash access and service delivery across the country. Under the new directive, […] More
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in Business
Nigeria’s Forex Reserves Break $46bn Barrier, Hit 8-Year High as CBN Bolsters Naira Defense
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow Nigeria has recorded one of its strongest external sector gains in nearly a decade, with the country’s foreign exchange reserves climbing above $46 billion—a level last seen around 2018—signalling renewed macroeconomic strength and increased capacity to stabilise the naira. Data released by the […] More
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in Business
Tinubu Approves Oil Drilling in Ogun Waterside, Revives Olokola Deep Seaport as Blue Marine Economic Zone — Abiodun
Follow ( 0 Followers ) X Follow E-mail : * Follow Unfollow Ogun State is on the brink of a major economic transformation following President Bola Ahmed Tinubu’s approval for the commencement of commercial oil drilling at Eba in Ogun Waterside Local Government Area. Governor Dapo Abiodun made the disclosure on Thursday while receiving the […] More
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