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Sterling Bank, BOI, LASG Partner to Fuel SME Growth with N10bn Loan Facility

Thousands of small businesses across Lagos are set to gain access to affordable financing, as Sterling Bank throws its weight behind a new credit scheme that removes the usual roadblocks to growth.... Read more »
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Single-Digit Interest Rate for $700m Cabotage Fund: NIMASA Empowers Shipowners

The Nigerian Maritime Administration and Safety Agency (NIMASA) on Monday, said that the Cabotage Vessels Financing Fund (CVFF), would be disbursed to indigenous Shipowners at single-digit interest rate. This was disclosed by... Read more »
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Trade Uncertainty Clouds Global Business Outlook

Global business optimism declined slightly in Q2 2025, according to Dun & Bradstreet (D&B’s) latest Global Business Optimism Insights (GBOI) report. The quarterly sentiment tracker from the global business information provider recorded... Read more »
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LG Takes the Lead in Sustainable Community Development with Solar Water Borehole Projects

In a commendable effort that demonstrates corporate responsibility and community engagement, LG Electronics Nigeria has inaugurated a solar-powered borehole in the Illah community of Oshimili North Local Government Area, Delta State. This... Read more »
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Power Sector Employers Warned Over Staff Transfers by NUEE

The organised labour in Power sector, the National Union of Electricity Employees (NUEE) has raised concerns over the unbundling of the Transmission Company of Nigeria (TCN), even as it warned against alleged... Read more »
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Tariff Hike Takes Toll: Nigeria’s Internet User Base Shrinks – NCC

Nigeria’s telecommunications sector witnessed a notable decline in internet users following a 50 per cent tariff hike on voice, data, and SMS services implemented in January 2025. According to the News Agency... Read more »
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Indomie Gives Back: N9m Prize Money for Winning Families

Indomie, in partnership with Multichoice, has awarded N9 million prizes to the winners of Indomie Love Bowl Season 2. Created to celebrate the powerful bonds between mothers and children, Indomie Love Bowl... Read more »
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Jamara Home Stays Committed to Exceptional Shopping Experiences

Nigeria’s fastest-growing retail and e-commerce brands for electronics and home appliances, Jamara Home, had reaffirmed its commitment to great shopping experiences for its customers as it joined the rest of the world... Read more »
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Capital Boost: Insurers Set N10bn, N15bn Bases for Life, Non-Life Business

Insurance companies under the auspices of the Nigerian Insurers Association (NIA) have agreed to the N10 billion capital base for life insurance, N15 billion for non-life and N35 billion for Reinsurance businesses... Read more »
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Direct Flights on the Horizon: Nigeria, Brazil Reach Aviation Agreement

The federal government has signed a bilateral air agreement for a direct air link with Brazil. The minister of Aviation and Aerospace Development, Festus Keyamo, who signed for Nigeria, met with his... Read more »
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Taraba’s Future in Focus: May 21 Investment Summit to Drive Growth

The Taraba State Commissioner for Information and Reorientation, Barr Zainab Usman Jalingo, has disclosed that the State would host its investment summit on May 21st, 2025. Jalingo, who made this known on... Read more »
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Partnership to Improve Informal Trade Data Collection

The Nigerian Export Promotion Council (NEPC) and Nigerian Bureau of Statistics (NBS) have entered into partnership that would enable and facilitate data collection from Informal Cross Border Trade. Speaking while signing a... Read more »
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NASENI Unveils Roadmap for Science, Tech-Driven Industrial Growth

Nigeria’s ambition of becoming an industrial nation is built on a strategic vision to diversify its economy, reduce reliance on oil, and foster sustainable growth and economic development. To achieve this great... Read more »
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HortiNigeria, NIRSAL Collaborate to Support Horticulture Growth

HortiNigeria and the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) have collaborated to de-risk agricultural finance and bridge the gap between potential and investment in Nigeria’s underfunded but high-yield horticulture... Read more »
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What Jigawa Executive Council Resolved

The Jigawa State Executive Council, chaired by Governor Umar Namadi, has approved the execution and implementation of key projects to fulfil campaign promises and advance the state’s prosperity.The approved projects span various... Read more »
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AfDB Boss Urges Nigeria to Leverage Pension Funds, Diaspora, Capital Markets

The President of the African Development Bank (AfDB), Dr. Akinwumi Adesina, has raised serious concerns about Nigeria’s economic state, revealing that the country’s GDP per capita has dropped to $824 — far... Read more »
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Global Oil Prices May Plummet to $64 – World Bank

Nigeria’s revenue projections for 2025 may be affected by the World Bank’s latest Commodity Markets Outlook which forecasts energy prices to drop by 17 percent this year and additional fall of six... Read more »
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REA Collaborates with 9 Firms to Increase Energy Access

The Rural Electrification Agency (REA) on Monday signed grant agreements with nine renewable energy companies to provide electricity access to 17.5 million Nigerians. The companies are, Privida Power Limited, Baobab Plus, Salpha... Read more »
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Final Dividend of 40 Kobo Approved for May & Baker

May & Baker Nigeria Plc has declared a dividend of 40k for the year ended Dec. 31, 2024. The company disclosed this in a corporate disclosure through the Nigerian Exchange Ltd. on... Read more »
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NGX ASI Up 0.34%, Investors Earn N228bn in Latest Trading Session

At the Nigerian Exchange (NGX) on Monday, equities trading opened the week on a positive note, as the All-Share Index advanced by 0.34 per cent to close at 106,116.18 basis points. Market... Read more »