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From Importers to Producers: Economies Push Local

Countries rethink heavy import dependence as they invest in homegrown supply chains to build resilience, stabilize costs, and expand local production.
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Bauchi Police Confirm Death in Farmer-Herder Clash

Police confirmed one death and five arrests after a violent farmer-herder clash in Bauchi, prompting tighter security and a deeper investigation

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Business

Dangote Refinery Faces Trouble as NNPC Ends Naira-for-Crude Deal

NNPC ends the naira-for-crude deal, increasing costs for local refiners. Dangote Refinery adjusts while fuel prices could rise.
Business

NNPCL Ends Naira for Crude Supply to Dangote, Other Refineries

NNPCL has stopped its Naira for Crude supply to Dangote and other refineries, with discussions ongoing for a new crude agreement.
Business

NAFDAC Cracks Down on Illegal Sachet Water Production in FCT

The FCT-based illegal sachet water production facilities counted more than 40 closures after NAFDAC discovered serious hygiene breaches.
Business

NNPCL, Dangote Price Reduction Brings Relief to Retailers

NNPCL Retail Ltd together with Dangote Refinery decreased PMS costs thereby providing relief to Nigerians at the same time they established a retailer refund plan.
Business

Customs, CBN Partner to Automate FX Transactions in Trade

The Nigeria Customs Service along with the CBN dedicates efforts to automate foreign exchange transactions as well as trade facilitation while raising revenue collecting capabilities.
Business

Lagos Levies Disrupt LPG Supply As Marketers Warn Of Scarcity

Lagos state levies create disruptions in the supply capabilities of the Dangote Refinery leading to concerns about an imminent cooking gas shortage throughout the country.
Business

CBN Directs Banks to Publish Dormant Accounts

All banks must use national publications to disclose both dormant accounts and unclaimed balances according to CBN regulations.
Business

Cadbury Reports N10.4billion Loss for 2024

N10.4billion remained the reported operating deficit for Cadbury Nigeria during 2024 because of its successful revenue expansion.
Business

MTN, Transcorp Power Propel Stock Market’s Weekly Gains

The NGX ASI shows growth of 1.2 percent through its first week of February marking the start of year-end earnings reporting.
Business

Nigeria’s Inflation Set to Decline to 26 percent in 2025 – PwC

According to PwC projections for 2025 Nigeria's inflation rate should reach 26% while GDP growth remains modest and exchange rates stabilize.
Business

SEC Warns All Nigerians Investing Through Risevest, Stecs

Regulatory authorities from the SEC issued warnings to Nigerians about the risky investment schemes operated by unlicensed cryptocurrency platforms Risevest and Stecs.
Business

Increased Telecom Rates Are Needed To Help The Industry Expand

Telecom executives explain increasing tariffs to fuel industry expansion, keep services working, and help empower customers move to digital ways.
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News

From Importers to Producers: Economies Push Local

Countries rethink heavy import dependence as they invest in homegrown supply chains to build resilience, stabilize costs, and expand local production.
News

Bauchi Police Confirm Death in Farmer-Herder Clash

Police confirmed one death and five arrests after a violent farmer-herder clash in Bauchi, prompting tighter security and a deeper investigation
News

Obasanjo Urges FG To End Apologies And Negotiations With Terrorists

Obasanjo urges the Federal Government to stop apologising and negotiating with terrorists and to adopt tougher action against rising attacks.
News

7 Ways You Are Sabotaging Your Own Growth

Seven subtle habits can block your growth without you noticing. Learn how they show up and how to move past them.

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