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Business News; Tracks, records, analyzes, and interprets the businesseconomic and financial activities, and changes that take place in societies.

“Nigeria’s Eight-month Debt Service Bill Rises To $2.86bn” – CBN

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Petrol Import Spending Reduces By 54% To $6.7bn In Two Years

Nigeria spent a total of $2.86bn servicing external debt in the first eight months of 2025, according to the international payment data from the...

FG, States, LGs Share N1.681 Trillion April 2025 Federation Revenue

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FAAC Shares N902billion To FG, States And LGs

The Federation Account Allocation Committee (FAAC) shared N1.681 trillion in revenue generated in April 2025 among the federal government, states, and local government councils. This was disclosed in a...

ANAN President, Prof. Osisioma Tasks Leaders On Sustainable Consumption

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The National President of Association of National Accountants of Nigeria (ANAN), Rev. Canon Prof. Chuka Osisioma has urged leaders across the country to imbibe...

Ban Tomato Importation, Dangote Tells FG

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The Managing Director of Dangote Tomato Processing plant in Kadawa, Kano State, Abdulkarim Kaita has on Thursday called on the Federal government to ban...

“FG To Invest More, Borrow Less” — Wale Edun

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"FG To Invest More, Borrow Less" — Wale Edun

The Federal Government has said it plans to reduce its dependence on borrowing, invest more in the economy, and rely more on domestic resources. The...

Foreign Portfolio Flows Surge on Nigerian Stock Market

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Foreign Portfolio Flows Surge on Nigerian Stock Market

Foreign portfolio inflows into the Nigerian stock market rose sharply by 354.4% to N609.73 billion in the first seven months of 2025 (7M’25), up...

Customs Generates N144.2bn Revenue In 10 Months 

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We ‘ll Stick To Official Exchange Rate For Clearing Of Goods — Customs CG

The Murtala Mohammed Area Command of the Nigeria Customs Service, Thursday stated that it realised the sum of N143.2 billion revenue into the federal...

Abuja Black Marketers Shuts Down Operation

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Abuja Black Marketers Shuts Down Operation

In a surprising move, foreign exchange black market operators in Abuja, including those at the bustling Wuse Zone 4 market, abruptly stopped trading on Thursday...

Dangote Refinery Secures $4bn Loan Boost As Afreximbank Leads With $2.5bn Support

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Dangote Refinery Secures $4bn Loan Boost As Afreximbank Leads With $2.5bn Support

The Dangote Petroleum Refinery has secured a $4 billion senior syndicated loan, with African Export-Import Bank underwriting $2.5 billion, marking a major financing milestone...

Ghana Announces Removal Of Subsidy On Petroleum

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Regulatory Authority Urges Nigerians To Avoid Panic-Buying PMS

The Ghana National Petroleum Authority has announced removal of fuel subsidy in the country. The removal of the subsidy is part of the country’s implemented...

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