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Niger Delta chamber targets $5bn investment drive, 500,000 jobs ahead of Port Harcourt summit

Niger Delta chamber targets $5bn investments and 500,000 jobs as region prepares for major economic summit in Port Harcourt
News

Nigeria’s Top Manufacturing Body Pushes Africa to Add Value to Raw Materials, Not Just Export Them

Nigeria's Manufacturers Association calls on Africa to build industrial capacity through value addition rather than exporting unprocessed raw materials.
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Lekki Zone MD: Nigeria Remains Investor-Friendly

Lekki Free Zone MD Val Attah insists Nigeria remains viable investment destination, backed by reforms and strong investor confidence.
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Fuel Tax Won’t Begin Until Naira Strengthens or Oil Price Falls — Oyedele

Oyedele says Nigeria will delay 5% fuel surcharge until naira appreciates or oil prices drop to avoid price hikes.
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Otedola Celebrates Dangote’s $20 Billion Refinery

Femi Otedola praises Aliko Dangote’s $20 billion refinery expansion as a generational legacy reshaping Nigeria’s oil and energy landscape.
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Dangote To Double Refinery Output To 1.4 Million Barrels Daily

Dangote plans to double his Lagos refinery output to 1.4 million barrels daily to boost Africa’s energy supply.
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IMF Warns Nigeria on Rising Debt, Oil Risks Despite Reform Progress

IMF praises Nigeria’s economic reforms but warns that debt costs, fiscal pressures, and oil volatility could threaten recent recovery gains.
Business

Presco Profit Doubles on Strong Palm Oil Demand

Presco Plc reported over 100 percent profit growth in nine months, driven by strong palm oil demand, higher output, and improved efficiency.
News

Nigeria’s Raw Material Imports Hit N3.53trn in First Half of 2025

Nigeria’s raw material imports rose by 19.7% to N3.53 trillion in H1 2025, highlighting structural weaknesses and the failure of the country’s import substitution policy, according to industry experts.
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Nigeria Losing Billions to Illicit Financial Flows, Says IMF

The IMF says illicit financial flows are worsening Nigeria’s revenue crisis as it pledges renewed support to track illegal fund movements.
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IMF Lifts Nigeria’s 2025 Growth Outlook to 3.9%

IMF raises Nigeria economic growth forecast 2025 to 3.9 percent, driven by stronger fundamentals, investor confidence, and fiscal reforms.
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.
News

Foreign Firms Corner Nigeria’s N4.8trn Non-Oil Export Boom

Local exporters lament losing out in Nigeria’s non-oil export boom as foreign investors dominate the sector amid weak funding and policy hurdles.
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Oyedele: 98% of Nigerians to Get Tax Cut or Exemption by 2026

About 98 percent of Nigerians will enjoy reduced or no tax under the new fiscal reform expected to take effect in January 2026.
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Niger Delta chamber targets $5bn investment drive, 500,000 jobs ahead of Port Harcourt summit

Niger Delta chamber targets $5bn investments and 500,000 jobs as region prepares for major economic summit in Port Harcourt
News

Nigeria’s Top Manufacturing Body Pushes Africa to Add Value to Raw Materials, Not Just Export Them

Nigeria's Manufacturers Association calls on Africa to build industrial capacity through value addition rather than exporting unprocessed raw materials.
News

Eight Feared Dead After Terrorists Bomb Bridge in Niger State

KEY POINTS Eight people feared dead after a vehicle hit an IED planted by...
News

Ganduje’s Ex-aide Salihu Yakasai Defects from APC to ADC

KEY POINTS Salihu Yakasai, former aide to Abdullahi Ganduje, has defected from APC to...

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