Friday, August 28, 2026
Nigeria’s economy expands 3.19% in Q2 driven by service sector growth
Business a.m. Nigeria’s economy, led by the services sector, expanded at a robust pace in the second quarter of 2024,...
Read moreDetailsNigeria’s persistent fuel scarcity rooted in inefficient distribution system, PENGASSAN claims
Business a.m. The Petroleum and Natural Gas Senior Association of Nigeria (PENGASSAN) has attributed the persistent fuel scarcity in the...
Read moreDetailsFidelity Bank fights N555.8m NDPC fine amid alleged data breach
Business a.m. Fidelity Bank has rejected the Nigerian Data Protection Commission's (NDPC) allegation of a data breach and the N555.8...
Read moreDetailsNigeria standard passport prices soar as FG approves N50,000, N100,000 fees
Business a.m. The federal government has approved an increase in the cost of obtaining a passport, with a 32-page passport...
Read moreDetailsNDPC slams record-high N555.8m fine on Fidelity Bank over data breach
Business a.m. The National Data Protection Commission (NDPC) has imposed a N555.8 million fine on Fidelity Bank for violations involving...
Read moreDetailsNigeria’s diaspora remittances soar to $533m in July as CBN reveals 130% growth
Business a.m. The Central Bank of Nigeria (CBN) has announced a significant rise in diaspora remittances in July, with inflows...
Read moreDetails$56bn global creative economy seen as golden opportunity to tackle unemployment in Africa
holds potential to create 20 million jobs, $20bn annual revenue Onome Amuge The $56 billion global creative economy, composed of...
Read moreDetailsDangote, other local refineries to get crude oil in Naira from October 1
Business a.m. The federal government has revealed that sales of crude oil to Dangote Refinery and other local refineries will...
Read moreDetailsAnalysts shine light on benefits, risks of Nigeria’s $500m local dollar bond offer
As treasury, DMO officials welcome investors Red flag raised over bond’s 5-year tenure Worry over deployment of bond’s proceeds Opportunity...
Read moreDetailsAnalysts list factors keeping gold bullish @ $2700/oz near-term target
Global trend continuing after climbing $2,490/oz Record prices hold implication for global FX trade Demand for safe-haven assets grows ...
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