Latest Business News

AfDB shows interest in funding Lagos rail projects

  The African Development Bank (AfDB) Thursday pledged to work with the…

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Telecom tariff increase could be 50% – Rewane

    Chief Executive Officer of Financial Derivatives Company, Bismarck Rewane, has…

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Food production: Tinubu orders deployment of 10,000 tractors nationwide

  In the quest to boost food production, President Bola Tinubu, on…

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FBH shareholders plot to remove Otedola as chairman

  The leadership crisis that has engulfed  First Bank Holdings of Nigeria…

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Inflation may drop to 27% by December – Report

  Nigeria’s inflation rate is projected to decline to 27.1 per cent…

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Sanwo-Olu signs N3.36tn 2025 Lagos budget

  The Lagos State Governor, Babajide Sanwo-Olu, on Thursday, signed the N3.36trn…

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CBN to banks: We’ll no longer approve requests for extension of export proceeds repatriation

  The Central Bank of Nigeria (CBN) says requests for the extension…

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China backs Nigeria’s plan to increase currency swap line, issue panda bonds

  The Chinese government says it supports Nigeria’s request to increase its…

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First Bank, Nduka Obaigbena battle over alleged $225.8 million debt

  The Federal High Court, Ikoyi, Lagos, has granted an order restraining…

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Seplat oil production to hit over 120,000 bpd after buying Mobil assets

    Nigeria’s Seplat Energy plans to revive 400 idle oil wells…

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