Economy
Minister Advocates For Research-Driven Innovation To Attract Investments
The Minister of Innovation, Science, and Technology, Dr. Uche Nnaji, has called for impactful research that provides global solutions to...
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Nigerian Stock Market Drops N185bn in a Week Amid Mixed Sector Gains
The Nigerian equity market experienced a notable dip last week, shedding N185 billion as the All-Share Index declined by 0.33%...
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CBN Unveils Electronic FX Matching System to Stabilize Naira Exchange Rate
The Central Bank of Nigeria (CBN) is set to introduce an electronic foreign exchange (FX) matching system to address the...
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CBN To Penalise Financial Institutions Over ATM Cash Shortages; Releases Dedicated Phone Lines for Customer Complaints
The Central Bank of Nigeria (CBN) has issued a stern warning to financial institutions regarding the persistent cash shortages at...
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Nigeria Secures $1.27 Billion from BRICS Nations to Boost Economy
Nigeria’s economic ties with BRICS nations—Brazil, Russia, India, China, and South Africa have yielded $1.27 billion in foreign capital inflows...
Read moreCBN Sets New Guidelines for FX Trading via EFEMS, Mandates $100,000 Minimum Trade
The Central Bank of Nigeria (CBN) has introduced new guidelines for interbank foreign exchange (FX) trading through its Electronic Foreign...
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BoI Secures Over $5B in Funding and €2B in Partnerships
The Bank of Industry Limited (BoI) has raised over $5 billion through international funding instruments to drive industrial development in...
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Nigeria Targets $200 Billion Hydrogen Market with Strategic Investments
Nigeria is positioning itself to capture a significant share of the global hydrogen market, projected to be worth $200 billion...
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Niger State Partners Brazil’s JBS on $2.5 Billion Livestock Project to Support Agribusiness
The Niger State Government has allocated 1.2 million hectares of land to support a $2.5 billion livestock investment initiative, a...
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Nigeria’s Economy at Greater Risk After Unpopular Reforms, Report Reveals
Nigeria's economy is facing heightened risks, exacerbated by unpopular government reforms and worsening living conditions, according to the latest report...
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