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Nigerian Governors Develop Uniform Electricity Tariff Framework to Improve Power Market Regulation
Nigeria's state governments are working towards a more coordinated electricity pricing system as the Nigeria…
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Economy
Afreximbank Provides $75 Million Financing to Boost Nigerian SMEs, Exports and Creative Industries
Nigerian small and medium-sized businesses are set to benefit from expanded financing opportunities following a…
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World Bank Approves $500 Million for Nigeria to Combat Flooding, Restore Farmland and Support Rural Communities
Nigeria has secured approval for an additional $500 million in World Bank financing aimed at…
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Nigeria’s Major Banking Groups Expand Assets to ₦195 Trillion as Combined Profits Reach ₦3.11 Trillion
Nigeria's leading listed banking groups have recorded continued balance-sheet growth, with six major financial institutions…
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Dangote Refinery IPO Draws ₦5.85 Trillion in Investor Applications, Exceeding Initial Fundraising Target
Dangote Petroleum Refinery has reportedly attracted share applications worth approximately ₦5.85 trillion ($4.1 billion) in…
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Economy
CBN Intensifies Liquidity Control with ₦1.5 Trillion OMO Offer as Banking System Cash Balances Rise
The Central Bank of Nigeria has stepped up efforts to manage excess liquidity in the…
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UK Backs Nigeria’s Renewable Energy Expansion with $7 Million Investment in Okra Solar
Nigeria's renewable energy industry has attracted a fresh $7 million investment as British International Investment…
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Stanbic IBTC Introduces Direct Naira-to-Yuan Payments to Simplify Trade Between Nigeria and China
Nigerian businesses importing goods from China could benefit from faster international payments following the introduction…
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Nigeria Launches ₦52,500 Minimum Pension Guarantee for 173,209 Retirees After 22-Year Delay
Nigeria has taken a significant step towards improving retirement income security with the official launch…
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Nigeria Approves ₦30 Billion for Free Electricity Meters as NERC Sets May 2027 Deadline
Millions of Nigerian electricity consumers could benefit from an expanded metering programme following the approval…
