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Finance & Economy - Page 308

Economy: Don’t Suffocate Businesses, CPPE Warns Regulatory Agencies

Nigeria’s Economy Stabilises in 2025; Non-Oil Sectors Set to Drive Growth in 2026 – CPPE

Nigeria’s macroeconomic environment stabilised in 2025, setting the stage for stronger business activity and private-sector-led growth in 2026, according to the Centre for the Promotion of Private Enterprise (CPPE), Prime Business Africa reports. In its Review of the Nigerian Economy in 2025

December 31, 2025

Oil & Gas·Top Stories

PIA Not Strong Enough To End Oil Spill, Gas Flaring – Environmentalists

ENVIROMENTALISTS have said that though the new Petroleum Industry Act will help in fighting environmental degradation, it is not strong enough to stamp it out entirely. Oil spilling and gas flaring are two major contributors to environmental degradation and pollution that have

August 27, 2021

Finance & Economy·Top Stories

GDP Records 5% Growth In Second Quarter

NIGERIA’S Gross Domestic Product (GDP) grew by 5.01% in the second quarter of 2021, the strongest since the fourth quarter 2014, the National Bureau of Statistics (NBS) said in its second quarter GDP report released on Thursday. According to the NBS, this

August 27, 2021

Finance & Economy·Top Stories

Nigeria’s Economy Will Be Reviewed Upwards If GDP Growth Is Sustained – LCCI

THE Lagos Chamber of Commerce and Industry (LCCI) has said Nigeria’s economic growth will be accelerated if the Gross Domestic Product (GDP) recorded in the second quarter of 2021 is sustained. The LCCI the 5% GDP growth recorded in the second quarter

August 27, 2021

NNPCL Denies Inflating Fuel Subsidy Payments

Oil & Gas·Top Stories

NNPC Justifies FG’s 20% Equity Stake In Dangote Refinery

THE Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mr. Mele Kyari, has justified Federal Government’s decision to have 20% equity stake in Dangote refinery. Kyari said it was a well-calculated decision that would favour the country. The NNPC GMD

August 26, 2021

Agro-Economy·FEATURES

Adopting Climate Smart Agriculture Will Boost Food Security – Edobong Akpabio

RENOENED agropreneur and Chairperson, Agriculture and Agro-allied Group of the Lagos Chamber of Commerce and Industry (LCCI), Mrs Edobong Akpabio, speaks on the need

August 26, 2021

Petroleum Products Pricing Regulatory Agency

Oil & Gas·Top Stories

No Plan To Increase Fuel Price Yet, Says FG

THE Federal Government has said there is no plan yet to increase the pump price of petroleum products, particularly, Premium Motor Spirit (PMS) also known as fuel. There have been fears of imminent increase in the price of petrol among members of

August 25, 2021

Finance & Economy·Top Stories

Capital Budget Receives Boost As FG Releases N1.3trn Fund

THE Federal Government has released N1.3trn to fund part of the 2021 capital expenditure budget of its Ministries, Departments and Agencies, MDAs. The amount represents 63.5% of capital budget of the year. Director General, Budget Office of the Federation, Mr. Ben Akabueze,

August 25, 2021

Oil & Gas·Top Stories

Lawan Denies Taking Bribe To Pass PIB

PRESIDENT of the Senate, Dr. Ahmad Lawan, has denied the allegation that the leadership of the National Assembly and its members collected huge sums of money to pass the controversial Petroleum Industry Bill into law. The Senate President said the report that

August 24, 2021

Finance & Economy·News·Top Stories

IMF Begins Allocation Of $650bn SDR To Member States

THE International Monetary Fund (IMF) has commenced the allocation of its $650bn Special Drawing Rights to member countries. The Managing Director of IMF, Ms Kristalina Georgieva, said it was the largest allocation of SDR in history. “The allocation is a significant shot

August 24, 2021

Currency·Finance & Economy·Top Stories

Dogecoin Holders Increase From 9% To 25% In Six Months

A blockchain data platform, Chainalysis has said dogecoin, one of the major cryptocurrencies, is now being adopted by new investors at levels not seen since 2017. In a market intelligence report on dogecoin, the platform stated that 82% of DOGE in circulation

August 24, 2021

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GivTrade Secures UAE SCA Category 5 Licence

GivTrade, an international multi-asset brokerage providing access to global markets

Nigeria Launches N590bn Power Sector Bond to Clear GENCO, Gas Arrears

The Federal Government of Nigeria has issued its debut bond

Dollar Trades Flat In Black Market, Appreciates In Official Window

The dollar traded at N1,487.01/$1 in the parallel market on

Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty

The government of Venezuela has condemned what it described as

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Finance & Economy - Page 308

Nigeria’s Economy Stabilises in 2025; Non-Oil Sectors Set to Drive Growth in 2026 – CPPE

PIA Not Strong Enough To End Oil Spill, Gas Flaring – Environmentalists

GDP Records 5% Growth In Second Quarter

Nigeria’s Economy Will Be Reviewed Upwards If GDP Growth Is Sustained – LCCI

NNPC Justifies FG’s 20% Equity Stake In Dangote Refinery

Adopting Climate Smart Agriculture Will Boost Food Security – Edobong Akpabio

No Plan To Increase Fuel Price Yet, Says FG

Capital Budget Receives Boost As FG Releases N1.3trn Fund

Lawan Denies Taking Bribe To Pass PIB

IMF Begins Allocation Of $650bn SDR To Member States

Dogecoin Holders Increase From 9% To 25% In Six Months

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