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FRC, LCCI Team Up to Save Struggling MSMEs

The Financial Reporting Council of Nigeria (FRC), in collaboration with the Lagos Chamber of Commerce and Industry (LCCI) and the Centre for Business Integrity...

MPC Holds Rate, Sparks Debate Over Inflation Risks

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has once again retained the Monetary Policy Rate (MPR) at 27.5%, marking...

Sterling Bank Academy Powers $5.4bn Non-Oil Export Growth

Sterling Bank Limited has taken a bold step towards reshaping Nigeria’s economic landscape by empowering exporters through its Non-Oil Export Academy, a flagship initiative...

Rising Trade Tensions Cost Nigeria $527m in US Exports

Nigeria’s trade ties with the United States have taken a sharp hit, with the country losing $527 million in exports to its once top...

Investors Pocket N1.76trn as NGX Soars to N78.73trn

The Nigerian Exchange (NGX) on Thursday, July 10, 2025, recorded a historic surge as equities investors’ wealth jumped by a staggering ₦1.76 trillion. This...

Shareholders Reject CBN Move on Unclaimed Dividends

Shareholders across Nigeria have voiced strong opposition to a legislative move mandating the transfer of unclaimed dividends from company registrars to the Central Bank...

ECOWAS Bank Backs Lagos-Calabar Highway with $100m Boost

The ECOWAS Bank for Investment and Development (EBID) has approved a $100 million loan to support the ongoing construction of the Lagos-Calabar Coastal Highway,...

Shettima to Privatisation Council: Prioritise Public Interest

Vice President Kashim Shettima has issued a strong directive to members of the National Council on Privatisation (NCP), emphasizing the need for transparent, legally...

CBN Suspends Dividends, Foreign Investments for Underperforming Banks

A step to fortify Nigeria’s banking system and promote financial stability, the Central Bank of Nigeria (CBN) has issued a directive halting dividend payments,...

Nigeria’s Imports Decline by 7% in Q1 2025 as Demand for Foreign Goods Drops

Nigeria’s appetite for imported goods has waned in early 2025, as official data shows a 7% decline in import value in the first quarter...

Sycamore MD: Warnings Alone Won’t Stop Ponzi Schemes

The Managing Director of Sycamore Investment and Asset Management Limited, Gbenga Magbagbeola, has called for a coordinated, multi-sectoral approach to end the wave of...

FG Unveils Plans for Industrial Hubs in Kano, Abia, and Ogun

In a bold move to drive Nigeria’s industrial transformation, the Federal Government has announced plans to establish major industrial hubs in Kano, Abia, Lagos,...

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