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Seplat Co-Founder Austin Avuru’s Stake Surges Past $200 Million

Austin Avuru’s Seplat stake climbs to $202 million as the energy firm’s shares rise 10%, lifting its market value to $2.4 billion.
Business

Peter Obi Slams “Inhumane” Demolitions, Urges Government

Peter Obi condemns inhumane demolitions across Nigeria, warning they worsen poverty and threaten the economic stability of millions.

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Business

Dangote, IPMAN Ink Landmark Petrol Supply Deal

Dangote Refinery and IPMAN sign fuel deal, ensuring efficient distribution and reducing petrol prices across Nigeria.
Business

Nigeria’s External Debt Could Reach $45 Billion by 2024’s End

Nigeria’s external debt may hit $45 billion by December 2024 as the Federal Government pushes for $2.2 billion in new borrowing
Business

Nigeria’s October oil output figures create rift between OPEC, FG

October oil production figures differ from OPEC and Nigeria’s Federal Government.
Business

NNPC Signs 10-Year Deal to Fuel Dangote Refinery with 100 MSCF of Gas Daily

NNPC Gas Marketing Ltd. has entered a historic gas supply agreement with Dangote Refinery, marking a major step in Nigeria’s industrial and energy sector
Business

CBN: Business Confidence in Nigerian Economy Drops 3.2 Points

According to its CBN survey, business confidence was down 3.2 points, with businesses expecting naira depreciation.
Business

Impact of Nigeria’s Growing Tech Industry on the Economy

Nigeria’s tech industry drives economic growth, job creation, and foreign investment, advancing the nation’s shift from oil dependence.
Business

NDIC Begins Heritage Bank Asset Sale To Repay Depositors

NDIC starts selling of assets of Heritage Bank to recover unpaid depositors money.
Business

NCDMB Launches $40 Million Funding for Female-Led Oil Firms

NCDMB launches $40 million fund to boost female-led businesses, aiming to close gender gap in Nigeria's oil and gas industry
Business

PTML Customs Reports N288 Billion Revenue Surge

PTML Command set a record with N288 billion revenue in 2024, marking 34.8% growth and enhanced enforcement efficiency.
Business

Nigeria’s Black Market Dollar Rate Now ₦1,740/$ As Demand Rises

Naira trade in NGN/$ at the PMA at ₦1,740/$ and the official rate touches ₦1,678.87/$.
Business

Transforming Global Agriculture and Economics

The rise of agribusiness transforms global food production and economies while driving environmental shifts and challenging small-scale farmers' livelihoods
Business

Court Issues Arrest Warrant for Dana Air MD Over Alleged N1.3bn Fraud

Dana Air MD Hathiramani Ranesh faces an arrest warrant for failing to appear in court over an alleged N1.3 billion fraud case
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Latest articles

Business

Seplat Co-Founder Austin Avuru’s Stake Surges Past $200 Million

Austin Avuru’s Seplat stake climbs to $202 million as the energy firm’s shares rise 10%, lifting its market value to $2.4 billion.
Business

Peter Obi Slams “Inhumane” Demolitions, Urges Government

Peter Obi condemns inhumane demolitions across Nigeria, warning they worsen poverty and threaten the economic stability of millions.
Politics

PDP Faces Fresh Crisis as Lawmaker Sadiq Abdullahi Quits Party

Sadiq Abdullahi resigns from the PDP, citing worsening internal crisis and loss of direction as party instability deepens.
News

DSS Warns Nigerians Against Fraudster Impersonating Its Officers

The DSS warns Nigerians against a dismissed officer posing as its operative and defrauding citizens under false pretences.

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