Economy
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5Shareholders approve Sterling HoldCo’s plan to raise $400m capital
Sterling Financial Holdings Company Plc says it has secured its shareholders’ approval to raise up to $400 million. On June 19, Sterling...
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8OPEC: Nigeria Crude Output Reaches 1.5m bpd Quota Second Time
A 3.58 % rise BY BONNY AMADI A sign of sustained economic growth reemerged on Tuesday as Nigeria’s crude oil production quota...
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14FG spends N1.94trn on Electricity subsidy—NERC
BY BONNY AMADI Electricity charges, which is currently on the upsurge and tearing many homes and business concerns, has been tipped as...
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16Heirs Insurance Group Achieves 70% Revenue Spike in FY2024; Hits N61 billion GWP
Heirs Insurance Group (HIG), Nigeria’s fastest-growing insurance group, audited financial results for the year ended December 31, 2024, just released by the...
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14Digital Assets Fraud Threatens Market Integrity – SEC DG
The Director General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has expressed concern over the growing threat of digital...
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14FG Secures $847m Loan to Finance Lagos-Calabar Coastal Highway
$100 million Earlier from Ecowas Bank BY BONNY AMADI The Nigerian federal government has barely within two weeks obtained two separate loans...
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15$15bn crude oil refinery, FTZ planned for Ondo by Firm
As OPEC says Nigeria’s crude oil production of 1.4m bpd largest in Africa A multinational infrastructure development company, Backbone Infrastructure Nigeria Limited...
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15UBA Business Series Targets MSMEs’ Growth through Building Strong Partnerships
Africa’s Global Bank, United Bank for Africa (UBA) is set to host another edition of its highly anticipated quarterly Business Series, with...
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17Poverty: “It’s Unrealistic to Fix Nigerian Problems in Two Years” FG Replies IMF
BY Bonny Amadi A recent report by the International Monetary Fund (IMF) that harped on soaring inflation, rising hunger in the country...
