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Economic Diversification

Kenya Pushes Ahead With Chinese-Led Highway Plan

Kenya advances a major highway upgrade with Chinese partners, boosted by Tony Elumelu’s investment pledge.

First HoldCo Completes Sale of FBNQuest Merchant Bank

First HoldCo completes its divestment of FBNQuest Merchant Bank as Otedola advances a group-wide restructuring strategy.

Nigeria Targets Revenue Boost in Marine Sector, Tackles Leakages 

Minister Oyetola targets marine revenue leakages, inefficiencies, and governance gaps to boost Nigeria's economic potential through modern auditing.

Council of State Backs Tinubu Amidst National Tensions

The Nigerian Council of State has unanimously passed a vote of confidence in President Bola Tinubu's administration, amid national protests and growing tensions. The Council emphasized that any change in government must occur through democratic means, not insurrection.

LCCI Stresses Capital Expenditure and Diversification in Nigeria’s 2024 Budget

Lagos Chamber of Commerce and Industry advocates for improved capital expenditure and revenue diversification in Nigeria's 2024 fiscal plan.

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Kenya Pushes Ahead With Chinese-Led Highway Plan

Kenya advances a major highway upgrade with Chinese partners, boosted by Tony Elumelu’s investment pledge.

First HoldCo Completes Sale of FBNQuest Merchant Bank

First HoldCo completes its divestment of FBNQuest Merchant Bank as Otedola advances a group-wide restructuring strategy.

Nigeria Sets A Year Deadline for Schools to Meet New Standards

Nigeria’s NSSEC has issued a one-year deadline for National Minimum Standards compliance as states face new requirements for teachers, facilities and curriculum.

CBN Raises N7.85tn in OMO Bills Auction in November

CBN sold N7.85 trillion in OMO bills in November, drawing banks and foreign investors as it works to drain excess system liquidity.