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Demand surges as Nigeria’s March bond auction oversubscribes

Nigeria's March FGN bond auction drew N931.5 billion in bids against a N750 billion offer, a 4.28 percent oversubscription.
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Nigeria’s oil exploration plunges 45 percent in February

Nigeria's oil exploration contracted sharply in February 2026, with active rigs falling 45 percent to 22 from 40 in January.

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Business

Cement Makers in Nigeria Battle for Market Share with Price Cuts 

Nigeria’s cement industry is witnessing fierce competition among the major players as they try...
Business

Ajaokuta Steel Complex: Nigeria’s Industrial Dream Revived 

Nigeria’s long-awaited Ajaokuta Steel Complex is nearing completion, with the potential to generate $1.6...
Business

Top 10 Nigerian Firms with the Highest Net Worth in 2023

Nigeria’s leading companies have shown remarkable resilience and growth in the first half of...
Business

How Nigeria’s First Local Currency Infrastructure Fund Could Boost Economy

Nigeria has made history by listing the first local currency-denominated infrastructure investment trust fund...
Business

Naira Plummets as World Bank Ranks It Among Africa’s Worst Currencies

The Nigerian naira has been ranked among the worst-performing currencies in Africa by the...
News

VP Shettima: FG to Support Local Manufacturers with N75 Billion

Vice President Kashim Shettima stated that the federal government is committing N75 billion to...
Business

NCPC Praises First Lady Remi Tinubu for N500m Donation in Plateau State

The Nigeria Christian Pilgrim Commission's (NCPC) Executive Secretary, Reverend Yakubu Pam, has extended his...
Business

Nigeria Targets Economic Prosperity through Sustainable Policies – FG

Nigeria is actively working towards economic prosperity through the comprehensive execution of policies designed...
Business

Nigeria Open for Investment, Says President Bola Tinubu to Foreign Investors

President Bola Tinubu announced that Nigeria has removed barriers to investment and is now...
Business

Banks Grapple with N478bn in Bad Loans Amid Economic Strain

The economic downturn has taken its toll on banks, with four significant lenders reporting...
Business

UBA Reports Remarkable 1H 2023 Financial Growth: Profits Soar, Dividends Rise

United Bank for Africa (UBA) Plc reported significant financial growth for the first half...
Business

FG Dedicates 50% of Its Initiative to Empower Women Entrepreneurs

The Federal Government is intensifying efforts to support female-owned businesses in Nigeria, with a...
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News

Demand surges as Nigeria’s March bond auction oversubscribes

Nigeria's March FGN bond auction drew N931.5 billion in bids against a N750 billion offer, a 4.28 percent oversubscription.
News

Nigeria’s oil exploration plunges 45 percent in February

Nigeria's oil exploration contracted sharply in February 2026, with active rigs falling 45 percent to 22 from 40 in January.
News

Nigeria brings home 1,230 citizens stranded in Niger

Nigeria's Federal Government brought home 1,230 stranded citizens from Niger in March 2026, completing the evacuation in two airlifts.
News

OO Poly Aba launches EdTech and anti-drug drive

Ogbonnaya Onu Polytechnic Aba plans to introduce Educational Technology courses and partner with the National Drug Law Enforcement Agency to curb student substance abuse, Rector Christopher Okoro Kalu announced this week.

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