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Femi Otedola’s Net Worth Rises to $1.6 Billion on Geregu Power, First HoldCo Gains

Femi Otedola’s wealth grows to $1.6 billion on strong Geregu Power and First HoldCo performance.
News

Nigeria Faces Backlash Over Promotion Snub

A promotion dispute deepens tension as the federal government faces rising criticism for overlooking a Christian candidate who topped the permanent secretary interview.

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Business

Telecoms FDI Plunges $322.8M in Nigeria, NBS Reports Decline

In 2023, Nigeria's telecom sector faced a significant FDI decrease of $322.8 million, reflecting challenges in attracting foreign investments for the country's digital infrastructure, NBS data reveals.
Business

Nigeria May Import Cement to Curb Price Hike

    Nigeria’s government has warned that it may resort to importing cement if the local...
Business

Strategic Moves Ahead as Banks Gear Up for a $1 Trillion

Nigerian banks set to navigate a transformative recapitalization journey, aligning with CBN's vision for a robust $1 trillion economy.
Business

Nigerian Breweries Plunges into Loss as Naira Crashes

Nigerian Breweries Plc, the country’s leading beer maker, posted a net loss of N106.3...
Business

IMF Boosts Nigeria with $65 Billion Amid Rising Food Crisis

The IMF allocates $65 billion to Nigeria, spotlighting the urgent need for subsidy reforms amidst escalating food insecurity affecting millions.
Business

Tinubu Vows to Revolutionize Agriculture for Nigeria’s Self-Sufficiency in Food Production

President Tinubu commits to transforming Nigeria's agriculture to achieve food self-sufficiency and boost economic growth through strategic investments.
Business

Access Holdings Plc to Appoint Acting CEO After Wigwe’s Tragic Demise

Access Holdings Plc responds to CEO Herbert Wigwe's tragic demise, plans seamless leadership transition with appointment of interim CEO.
Business

Airlines Face Collapse as Aviation Fuel Hits N1,300 Per Litre

Airlines face crisis as aviation fuel prices hit record highs, prompting calls for urgent government action to prevent industry collapse.
Business

Nigeria’s Tech Boom: How the Country Became Africa’s Largest Developer Hub

Nigeria, Africa’s most populous nation and largest economy has seen a remarkable surge in...
Business

Nigeria Launches $2.5bn Carbon Market Plan for Green Growth

Nigeria unveils ambitious plan to become a hub for carbon market investments, positioning for sustainable growth.
Business

Nigeria’s Central Bank Refuses to Settle $2.4 Billion of Fraudulent FX Claims

Nigeria’s Central Bank (CBN) has announced that it will not pay off $2.4 billion...
Business

CBN Implements Strict FX Regulations on Banks Amid Naira Depreciation

In a bold move, CBN tightens FX regulations for banks, aiming to curb naira's free fall and stabilize the Nigerian economy.
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News

Femi Otedola’s Net Worth Rises to $1.6 Billion on Geregu Power, First HoldCo Gains

Femi Otedola’s wealth grows to $1.6 billion on strong Geregu Power and First HoldCo performance.
News

Nigeria Faces Backlash Over Promotion Snub

A promotion dispute deepens tension as the federal government faces rising criticism for overlooking a Christian candidate who topped the permanent secretary interview.
News

First Lady Urges Graduates To Apply New Tech Skills

Tinubu urges women trained in the women in tech training programme to apply their digital skills to improve communities and expand economic opportunities nationwide.
News

Ghana Rescues Nigerian Teen From Trafficking Syndicate

Ghanaian police rescued a 15-year-old Nigerian girl trafficked from Enugu, uncovering a cross-border trafficking network targeting vulnerable teenagers.

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