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Abdul Samad Rabiu’s Net Worth Rises to $7.9 Billion

Abdul Samad Rabiu’s fortune climbs to $7.9 billion, lifted by the naira’s rebound and strong BUA Group performance.
Business

Afriland First Bank Wins Approval to Expand Across Central Africa

Afriland First Bank secures Cobac approval to expand into Congo, Chad, and the CAR, reinforcing its regional leadership and growth strategy.

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Business

Nigerian Banks’ Deposits with CBN Soar Dramatically High

The CBN's deposits from Nigerian banks grew by over 800% year over year in 2025. This shows that the money market was tighter and there was too much cash.
Business

Canal+ Secures Final Approval to Acquire MultiChoice, Owner of DSTV and GOTV

KEY POINTS Canal+ received final approval to acquire MultiChoice, Africa’s top pay-TV operator, including...
Business

Mozambique, Aiteo Launch 240,000 bpd Refinery to Position Nation as Regional Energy Hub

“boost domestic fuel production” and reshape Southern Africa’s energy landscape
Business

The Untold Impact of Digital Currency Adoption on Nigeria’s Informal Economy

KEY POINTS Digital currency adoption is transforming Nigeria’s informal economy, bringing both benefits such...
Business

President Tinubu Seeks $21.5 Billion Loan, Pension Bond to Stabilise Nigeria’s Economy

KEY POINTS President Tinubu has requested approval for a $21.5 billion external loan and...
Business

Adesina of AfDB Transformed 565 Million Lives During Tenure

Adesina explains how the African Development Bank impacted over 565 million people with its development initiatives during his tenure.
Business

Growing Up in the Shadow of the Stall: The Unseen Curriculum of Nigerian Traders’ Children

KEY POINTS Daily exposure to inventory management, customer service, and financial literacy turns market...
Business

Silent Profiteers: How Nigeria’s Inflation Crisis is Making the Rich Richer

KEY POINTS Nigeria’s inflation crisis is enriching politically connected importers, wholesalers, and landlords who...
Business

Dangote Refinery Reduces Petrol Prices by N15 Nationwide

KEY POINTS Dangote Refinery has reduced petrol prices nationwide by N15 per litre, with...
Business

Imo, Jigawa, Sokoto Record Highest Petrol Prices in April – NBS

Prices for petrol in April 2025 soared across Nigeria and the highest fees were charged in Imo, Jigawa and Sokoto States.
Business

Nigeria’s Debt Service Payment Rises 49 Percent in 4 months

During the first four months of 2025, spending to service debt in Nigeria increased to \$2.01 billion, up 49.2% year-over-year and worsening fiscal sustainability.
Business

Naira to the World: Rural Nigerian Women Drive Economic Change Through Digital Wallets

KEY POINTS Rural Nigerian women are leveraging digital wallets to send and receive money,...
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Latest articles

Business

Abdul Samad Rabiu’s Net Worth Rises to $7.9 Billion

Abdul Samad Rabiu’s fortune climbs to $7.9 billion, lifted by the naira’s rebound and strong BUA Group performance.
Business

Afriland First Bank Wins Approval to Expand Across Central Africa

Afriland First Bank secures Cobac approval to expand into Congo, Chad, and the CAR, reinforcing its regional leadership and growth strategy.
Politics

INEC Denies Defying Court Order in Action Alliance Dispute

INEC denies disobeying a court order in the Action Alliance dispute, saying it complied on time and followed due legal process.
News

Lagos APC Praises Tinubu’s Pardon of Macaulay, 174 Others

Lagos APC hails Tinubu’s presidential pardon of Herbert Macaulay and others, describing it as a compassionate step toward justice and reconciliation.

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