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CBN: Nigeria’s Fintechs Raised $520m In 2024, Remain Africa’s Innovation Leader — Calls For More Local Funding To Sustain Growth

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FG Increases Domestic Borrowing By 241%

Nigeria’s fintech sector maintained its position as Africa’s leading innovation hub in 2024, attracting over $520 million in equity funding despite rising global interest...

Nigeria’s Textile Imports Rise By 298% To N726bn Over Five Years

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Nigeria’s Textile Imports Rise By 298% To N726bn Over Five Years

The importation of textile products into Nigeria has soared by an astonishing 297.8% over the past five years, rising from ₦182.53 billion in 2020...

We’re Soft Target For Robbery Attacks — Aba, Umuahia POS Operators Lament

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Operators of Point of Sale outlets in Aba, the commercial nerve of Abia State, and its environs have decried incessant robbery attacks on their...

OPEC+ Postpones Policy Meeting To November 30

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OPEC+ Postpones Policy Meeting To November 30

The ministerial meeting of the OPEC+ alliance earlier fixed for Saturday and Sunday, November 25 and 26, 2023, in Vienna has been postponed to...

Exports Proceeds Repatriation: Manufacturers Fault CBN’s Exclusion Of Non-Oil Exporters

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CBN Confirms Opening Domiciliary Accounts For Alleged PFIPC Agency

Manufacturers under the aegis of the Manufacturers Association of Nigeria Export Group (MANEG) have raised concerns over what they described as a policy imbalance...

Let’s Be Patient With Tinubu, He Inherited “Almost Comatose” Administration — Abiodun

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Governor Dapo Abiodun of Ogun State believes Nigerians should be patient with President Bola Tinubu’s government which, according to him, inherited an “almost comatose”...

Young Entrepreneur Ejechi Unveils Farm Project in Nasarawa, Lauds Awosika, Late Wigwe

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A young entrepreneur and the CEO, Gentlereal Farms and Kitchen Ltd, Mr. Eugene Chinedu Ejechi has officially unveiled his farm project located in Masaka,...

MTN Pays $253.86m Balance To NCC For 5G Licence

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MTN Replies Customers: ‘We Have No Intent To Steal Your Data’

MTN Nigeria has paid the remaining $253.86 million to complete the $273.6 million fifth-generation (5G) licence fee to the Federal Government before the February...

CBN Devalues Naira To 630/$1

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CBN Raises ITMO Application Fee To N10m, Restricts Banks, Fintechs From Providing Services

The Central Bank of Nigeria (CBN) has depreciated the Naira to N631 per dollar, up from N461.6 sold at the Importers and Exporters (I&E)...

Osinbajo Praises Uzodimma Over Oguta/Orashi Dredging

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"Social Justice Must Drive Africa’s Development" – Osinbajo

Vice President Yemi Osibanjo has lauded the plan to dredge the Oguta/Orashi river as an economic transformation project, describing the effort as a game...

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