Business

Tinubu to NNPCL Board: You’re among the best industry can offer

,,,,,,charges members to turn economy around  President Bola Tinubu has urged the new Nigerian National Petroleum Company Ltd. (NNPCL) board to consolidate the gains of the ongoing economic reforms, which…

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First Bank reiterates commitment to raw materials devt

The First Bank of Nigeria Plc, says it is committed to supporting the development of sustainable financial models to drive the development of raw materials in African. The Managing Director/CEO…

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Lagos Gov Sanwo-Olu, Minister urge support for SMEs

Lagos State Governor Babajide Sanwo-Olu has said that Nigeria would accelerate its journey toward shared prosperity by diversifying its economy from oil and developing its local manufacturing sector. The governor…

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LCCI urges CBN to indicate cautious future rate cuts

The Lagos Chamber of Commerce and Industry (LCCI) has urged the Central Bank of Nigeria (CBN) to take a cautious stance on monetary policy while providing clear signals of potential…

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CBN retains headline lending rate at 27.5 per cent

For the first time since February 2024, the Central Bank of Nigeria (CBN) has maintained the Monetary Policy Rate (MPR) at 27.5 per cent. CBN Governor Yemi Cardoso announced the…

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Stock market sheds N8bn on profit-taking

The stock market began the week with a slight downturn on Monday, as key performance indicators dipped by 0.01 per cent. Specifically, the Nigerian Exchange Ltd. (NGX) market capitalisation decreased…

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Dangote to NSE: Scale of refinery more than our expectations

Africa’s richest man and industrialist, Alhaji Aliko Dangote, has expressed commitment to empowering Nigerian engineers and building local capacity through large-scale industrial projects. Dangote gave the assurance while receiving a…

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Naira ends week strong against Dollar

The Naira ended the trading week on a positive note, recording a bullish close on Friday at the official foreign exchange market. It appreciated to N1,598.72 against the US Dollar,…

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BUA assures on price of rice till Dec, threatens hoarders

…….Hails Tinubu’s vision leading to crash in prices of food items The Chairman of BUA Group, Alhaji Abdul Samad Rabiu, says President Bola Tinubu’s foresight in introducing duty waiver for…

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Access Holdings charts bold growth path for 2025

……. declares N125.29bn dividend payout to shareholders in 2024 Acting Group Chief Executive Officer of Access Holdings, Bolaji Agbede, has expressed confidence in the institution’s ability to sustain its strong…

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