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External debt burden set to worsen amid further naira devaluation

Business
NIGERIA’S external debt burden is expected to increase significantly if the naira continues to depreciate, analysts have warned. The ongoing slide of the...

13 million more Nigerians at risk of poverty this year — PwC Report

Business
RISING inflation, escalating interest rates, and the depreciating value of the Naira could push an additional 13 million Nigerians below the national poverty...

Marble Halal Ethical Funds record 35.6% growth in 2024

Business
Marble Halal Capital, a leading provider of Shariah-compliant investment solutions has announced impressive performance of its funds for the year 2024.The Marble Halal...

EU declares Nigeria as top trade partner

Business
The European Union has reaffirmed its commitment to strengthening economic ties with Nigeria, as it declared Nigeria as its top trade and investment...

Equities investors earn N471.4bn as market opens week with 0.79% increase

Business
Equities trading at the Nigerian Exchange Limited (NGX) began the week on a positive note, as the All-Share Index climbed 0.79% to close...

Nigeria’s electricity sector open for investment — Wale Edun

Business
The Honourable Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has reaffirmed Nigeria’s commitment to attracting investment to its electricity...

PMI, ITU partner to advance project management excellence

Business
Project Management Institute (PMI) and the United Nations specialised agency for ICTs, the International Telecommunication Union (ITU), have signed an agreement that will...

Millions of customers risk disconnection as banks race to meet January 27 USSD deadline

banks
Millions of Nigerians may face disruptions in mobile banking services from today, as banks scramble to meet the January 27, 2025, deadline to...

Housing shortage worsens as rental values skyrocket

Business
This is not the best time for tenants and accommodation seekers as rents for new houses in urban centers such as Lagos and...

Zenith Bank raises over N350bn through combined Rights Issue, public offer

Business
Zenith Bank Plc has raised N350.4 billion through its recently concluded hybrid Rights Issue and Public Offer.In a statement released to the Nigerian...

ICAN lauds NDIC for promoting financial system stability

Business
The President of the Institute of Chartered Accountants of Nigeria (ICAN), Chief Davidson Chizuoke S. Alaribe, has commended the Nigeria Deposit Insurance Corporation...

SEC warns public against Risevest, Stecs investments

Business
The Securities and Exchange Commission (SEC) has issued a public warning, advising against engaging in any investment-related transactions with Risevest (Victoria Island) Cooperative...
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