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Business

See the top 10 Nigerian states with the highest domestic debt in 2024

About 10 Nigerian states contributed significantly to Nigeria’s rising domestic debt profile in 2024The country’s 36 states, including the FCT, increased their domestic debt...
Business

Why the CBN issued new directives on opening domiciliary accounts

CB has directed commercial, merchant and non-interest banks to open domiciliary accounts for participants in its new dorm account guidelinesThe guideline clarifies regulatory expectations...
Business

Revealed: What the NNPC said about contaminated fuel sold in bottles, jerrycans

The Nigerian National Petroleum Company Limited (NNPC) has debunked a trending video of adulterated fuel allegedly bought from its stationThe company said it carried...
Business

See the oil companies that spent N833 billion on fuel imports in 2024

Four prominent oil marketers spent about N833 billion importing fuel in the first nine months of 2024The oil firms include TotalEnergies Marketing Nigeria, MRS...
Business

See the new refinery set to begin production in another African country

Angola is set to complete its Cabinda oil refinery and commence production in April 2025The new facility will reportedly be commissioned between January and...
Tech

Seamfix raises $4.5m in first investment round to expand outside of Nigeria

17-year-old identification solutions startup Seamfix has raised $4.5 million from its first institutional investor, Alitheia IDF, in order to grow its operations outside of...
Business

10 reasons Lagos beats other Nigerian cities for business and investment

Lagos, the economic heartbeat of Nigeria, pulsates with opportunities for investors seeking vibrant markets and dynamic growth prospects. As Africa’s largest city by population...
Business

Photo News: British High Commissioner, others pay courtesy visit to CBN Governor

Investment Drive….L-R: Anthony Ogufere, special Adviser to the Governor, Central Bank of Nigeria, Dayo Ogundare, Investment Executive, British International Investment, Benson Adenuga, Coverage Director...
Business

Deregulation: NIPCO promises increased investment, sustainable growth

The Nigerian Independent Petroleum Company (NIPCO) Plc has promised to deepen its investment in the country’s hydrocarbon industry in the face of the recent...
Business

Nigeria is ready for business, Tinubu tells Afrexim, European Bank delegations

President Bola Ahmed Tinubu, on Thursday, said Nigeria is ready for business, and assured investors that the country is ready to welcome them.President Tinubu...
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