BUSINESS
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NCC Shifts Power to Consumers as It Mandates Telecom Compensation for Poor Service
In a decisive recalibration of regulatory philosophy, the Nigerian Communications Commission (NCC) has ordered Mobile Network Operators (MNOs) to compensate…
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CBN Recapitalisation Deadline Looms as Nigerian Banks Raise ₦4.6trn — But Real Sector Gap Persists
A significant majority of banks—32 out of 44—have met the new capital thresholds, collectively raising an estimated ₦4.6 trillion in…
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Cement Price Hike Deepens Nigeria’s Housing Crisis as Stakeholders Demand Urgent Government Action
Nigeria’s fragile housing ecosystem is coming under renewed strain as a sharp rise in cement and building material costs ripples…
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Court Voids CBN’s Union Bank Takeover, Triggers Governance Reset and Market Uncertainty
Justice Chukwujekwu Aneke’s ruling decisively sided with the shareholders, declaring the CBN’s actions ultra vires—beyond its statutory powers.
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Moniepoint Acquires Orda to Tap Africa’s $50bn Food Service Market and Expand Fintech Ecosystem
Moniepoint’s acquisition of Orda Africa signals a strategic pivot into the continent’s $50 billion food service industry, a sector long…
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CPPE Rejects Sugar Tax Proposal, Warns of Economic Risks to Nigeria’s Beverage Industry
The Centre for the Promotion of Private Enterprise (CPPE) has categorically rejected calls for an additional sugar tax on beverages,…
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Unilever Nigeria Profit Jumps to ₦32bn as FMCG Giant Leverages Brand Power and Cost Discipline
In an economy still recalibrating under inflationary pressure, currency volatility, and shifting consumer behaviour, Unilever Nigeria’s 2025 performance offers a…
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Niger Delta Set for Industrial Transformation, Growth Ahead of May Investment Summit, Says Gogo-Ogan
“Today, the Niger Delta stands before a defining opportunity… It is time to speak with confidence about what can be…
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NLC Rejects ₦6trn Power Sector Bailout, Calls for Structural Energy Reforms
Previous bailouts have addressed short-term cash flow problems but left operational inefficiencies untouched. Generation companies receive funds, yet consumers continue…
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FirstBank Expands SME Support with Training on Scalable Business Growth Strategies
In a country where small businesses are not just economic units but social lifelines, FirstBank of Nigeria Limited is recalibrating…
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