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Finance & Economy - Page 4

Enugu Unveils ₦1.6trn ‘Budget of Renewed Momentum’ for 2026, Prioritises Education, Infrastructure, New City Projects

Enugu State Governor Peter Mbah has presented a record ₦1.617 trillion budget for the 2026 fiscal year, describing it as a blueprint for “full-scale impact” across critical sectors after two years of foundation-building reforms. Tagged the Budget of Renewed Momentum, the proposal

December 9, 2025

Agro-Economy·Markets·News·Top Stories

Lagos Unveils Fresh Food Subsidy Drive to Ease Holiday Price Pressures

The Lagos State Government has rolled out the second phase of its Ounje Eko Farmers’ Subsidy Programme, expanding its intervention in key agricultural value chains to ease cost pressures on consumers and producers as the festive season approaches. Commissioner for Agriculture and

November 13, 2025

News·Nigeria·Politics·Real Estate

Soldiers Clash with FCT Minister Wike Over Disputed Land in Abuja

A tense confrontation unfolded in Abuja on Tuesday as soldiers blocked Federal Capital Territory (FCT) Minister Nyesom Wike from inspecting a disputed parcel of land in the Gaduwa District. The incident, captured on video and widely shared online, has drawn attention to

November 11, 2025

Africa·Finance & Economy·News·Top Stories

Egypt’s Inflation Rises to 12.5% in October After Four-Month Decline

Egypt’s annual urban consumer inflation climbed to 12.5% in October, reversing a four-month easing trend and coming in higher than analysts’ expectations, according to data released Monday by the state statistics agency, CAPMAS. A Reuters poll of 14 analysts had forecast inflation

November 10, 2025

Africa·Business·News·Nigeria·Oil & Gas

Stronger Local Content Policies Key to Unlocking Africa’s Energy Market Value – Ogbe

Nigeria’s Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, says Africa risks losing billions in potential market value unless oil-producing nations hardwire local content policies into their energy strategies. Speaking at the 4th African Petroleum

November 6, 2025

Business·News·Oil & Gas

FG, IMF in Talks to Develop Transparent Fuel Price Framework, Strengthen Fiscal Resilience

The Federal Government of Nigeria has begun formal discussions with the International Monetary Fund (IMF) to develop a transparent fuel price modulation framework and strengthen the country’s fiscal resilience amid global energy market volatility. The initiative, spearheaded by the Ministry of Petroleum

November 5, 2025

Business·News·Oil & Gas·World News

Interocean Expands Middle East Presence, Opens Regional Office in Dubai’s DMCC

International marine and energy solutions provider, Interocean Marine Services (Interocean), has officially launched a new regional office at the Dubai Multi Commodities Centre (DMCC), signaling a major expansion drive to strengthen its footprint across the Middle East’s energy and maritime sectors. The

November 5, 2025

Labour·News·Nigeria·Top Stories

ASUU Threatens Fresh Strike, Says FG Sitting on ₦50 Billion Revitalisation Fund

The Academic Staff Union of Universities (ASUU) has accused the Federal Government of withholding ₦50 billion meant for the revitalisation of federal universities and threatened to resume its suspended strike in two weeks if the funds are not released. The union also

November 5, 2025

Business·Finance & Economy·Technology

Arab Bank, DCO Agree on Framework for Cooperation on Inclusive, Sustainable Digital Economies

The Digital Cooperation Organization (DCO), the world’s first standalone international intergovernmental organization dedicated to accelerating inclusive and sustainable digital economies, and the Arab Bank for Economic Development in Africa (BADEA) Friday signed a Memorandum of Understanding (MoU) as part of an ongoing

November 1, 2025

Business·News·Oil & Gas·Top Stories

Dangote Refinery Pledges Uninterrupted Fuel Supply, Cites Tariff Policy as Boost to Local Industry

The Refinery currently produces over 45 million liters of PMS and 25 million liters of diesel daily.

November 1, 2025

News·Nigeria·Oil & Gas·Top Stories

Tinubu Backs 15% Fuel Import Tariff, Suspends Rollout Until Naira, Economy Recovers

The Federal Government has approved a 15 per cent ad valorem import duty on petrol and diesel imports but says the policy’s enforcement has been placed on hold until the naira appreciates and international oil prices decline. President Bola Tinubu signed off

October 31, 2025

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SEC Orders Full Registration of Tradable Instruments by January 2026

The Securities and Exchange Commission (SEC) has ordered all Capital

UK Targets Sugary Milk Drinks as Government Tightens Health Levy

The UK Labour government has expanded its existing sugar tax

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 26th November 2025

What is the dollar-to-naira exchange rate on the black market,

CBN Further Raises Benchmark Interest Rate To 27.25%

CBN Holds Interest Rate At 27% — Fourth Time In 2025

The monetary policy committee (MPC) of the Central Bank of

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Finance & Economy - Page 4

Enugu Unveils ₦1.6trn ‘Budget of Renewed Momentum’ for 2026, Prioritises Education, Infrastructure, New City Projects

Lagos Unveils Fresh Food Subsidy Drive to Ease Holiday Price Pressures

Soldiers Clash with FCT Minister Wike Over Disputed Land in Abuja

Egypt’s Inflation Rises to 12.5% in October After Four-Month Decline

Stronger Local Content Policies Key to Unlocking Africa’s Energy Market Value – Ogbe

FG, IMF in Talks to Develop Transparent Fuel Price Framework, Strengthen Fiscal Resilience

Interocean Expands Middle East Presence, Opens Regional Office in Dubai’s DMCC

ASUU Threatens Fresh Strike, Says FG Sitting on ₦50 Billion Revitalisation Fund

Arab Bank, DCO Agree on Framework for Cooperation on Inclusive, Sustainable Digital Economies

Dangote Refinery Pledges Uninterrupted Fuel Supply, Cites Tariff Policy as Boost to Local Industry

Tinubu Backs 15% Fuel Import Tariff, Suspends Rollout Until Naira, Economy Recovers

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Enugu Unveils ₦1.6trn ‘Budget of Renewed Momentum’ for 2026, Prioritises Education, Infrastructure, New City Projects

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SEC Orders Full Registration of Tradable Instruments by January 2026

UK Targets Sugary Milk Drinks as Government Tightens Health Levy

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 26th November 2025

CBN Holds Interest Rate At 27% — Fourth Time In 2025

Can Nigeria’s Legitimisers Save her?

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