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The Evolution Of Consumer Preferences: A Key Topic At The 2024 Industry Awards

Experts are expected to converge at the sixth edition of the Awards in Lagos, to discuss on the conference theme: ‘Understanding Changing Consumer Preferences in Troubled FMCG’s Space.’ Similarly , the Industry... Read more »
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NEITI Praises Seplat Energy For Embracing EITI Principles

Nigeria Extractive Industries Transparency Initiative (NEITI) has welcomed Seplat Energy Plc into the Extractive Industries Transparency Initiative (EITI). NEITI said the milestone comes just a few years after NNPC Limited, Nigeria’s national... Read more »
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$27.3m Mini Gas Plant Deal Signed By PCNGI And LNG Arete

The Presidential Compressed Natural Gas Initiative (PCNGI) has partnered with LNG Arete Limited on a significant investment worth $27.3 million. This collaboration aims to enhance Nigeria’s natural gas infrastructure, particularly through the... Read more »
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Naira Plunges to N1,600 Against Dollar in Official Market

The Nigerian naira experienced a significant depreciation today, falling to ₦1,600 per US dollar in the official foreign exchange market after maintaining relative stability around the ₦1,500 mark for approximately three months.... Read more »
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US Tariffs Threatens Global Economic Stability, Says IMF

IMF chief Kristalina Georgieva on Thursday said new US tariffs “clearly represent a significant risk to the global outlook” and urged Washington to work with its trade partners. The statement was the... Read more »
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Forbes Unveils 6 Nigerian Billionaires In Exclusive List Of Black Billionaires Worldwide

Despite the growing number of billionaires worldwide, Black billionaires remain a rarity, making up just 0.8% of the world’s wealthiest individuals, according to Forbes’ 2025 World’s Billionaires list. Out of the 3,028... Read more »
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FCMB Records Significant Growth

First City Monument Bank recorded a Profit Before Tax of N111.9 billion for the financial year ending December 31, 2024. This was confirmed in a corporate statement released through the Nigerian Exchange... Read more »
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World Bank Approves $1.08 Billion for Nigeria to Boost Education, Nutrition, and Resilience

The World Bank has approved three funding operations for Nigeria, totaling $1.08 billion in concessional financing. These initiatives aim to improve quality of education, strengthen household and community resilience, and enhance nutrition... Read more »
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Leadway Pensure Urges Nigerians To Boost Retirement Security With Aditional VC

A Pension Fund Administrator (PFA) in Nigeria, Leadway Pensure, has advocated Additional Voluntary Contributions (AVC) for Nigerians to have a secured future in retirement. This is as the PFA reaffirmed its commitment... Read more »
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NSIA Insurance Gives Back To To Society With LASUTH CSR Initiative

NSIA Insurance extended a special outreach to new and expectant mothers at Lagos State University Teaching Hospital’s (LASUTH) maternity arm – Ayinke House, as part of its commitment to care impact the... Read more »
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Glovo Partners With She Code To Train 100 Women In Tech

Glovo, has partnered with She Code Africa and the Lagos State government through the Ministry of Commerce, Cooperatives, Trade, and Investment, and the Ministry of Science and Technology equipped 100 women with... Read more »
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CBN Denies Reports of ₦5,000 and ₦10,000 Banknotes Introduction

According to the reports, the CBN was set to introduce the new notes to reduce cash-handling costs and improve liquidity management. The Central Bank of Nigeria (CBN) has refuted claims that it... Read more »
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Nigeria Forex Reserve Surge To $23.11bn, Highest Since 2020

The Central Bank of Nigeria (CBN) has reported a substantial improvement in its net foreign exchange reserve (NFER) position as of the end of 2024, reflecting a substantial improvement in the country’s... Read more »
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FG Issues Ultimatum To Oil Majors: Invest Now or Face Consequences

The federal government has called on major oil companies operating in the country to reciprocate its efforts in enhancing the investment climate by committing tangible investments to the sector. This appeal comes... Read more »
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SEC Vows To Prosecute Ponzi Scheme Operators With 10-Year Jail Term, N20m Fine

The Securities and Exchange Commission (SEC) has said operators of any entity engaged in a prohibited scheme commits an offence and is liable on conviction to a penalty of not less than... Read more »
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World Bank Loan:LCCI Calls For Predictable Business Climate

The Lagos Chamber of Commerce and Industry (LCCI) has called for a stable operating environment to effectively utilise the approval of a $500 million loan by the World Bank to Nigeria under... Read more »
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NAS Brings Free Medical To Abuja Community

In a bid to improve healthcare access for underserved communities,The National Association of Seadogs, (NAS),Pyrates Confraternity (Sahara Deck),yesterday embarked on a medical outreach program in Dakibiu community,Jabi, Abuja. The event afforded hundreds... Read more »
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VHI Partners With Federal Government To Promote Nigeria Cultural Heritage

The federal government through the National Commission for Museums and Monuments has pledged to collaborate with the Vernacular Heritage Initiative (VHI) in the development of national monuments nationwide. Director general of the... Read more »
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N21.43bn Dividend Proposed By Wema Bank For 2024 operations, Awaits Shareholders Approval

Wema Bank Plc, has declared a dividend of N21.43 billion representing N1.00 per share to its shareholders for the financial year ended December 31, 2024. The Bank has released its audited results... Read more »
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FG, EU Move To Strengthen 1.3bn Euro Trade Investments

The Federal Government and the European Union (EU) have commenced high-level discussions on ways to strengthen EU-Nigeria economic cooperation. A statement issued by the Finance Ministry on X noted that the Minister... Read more »