BUSINESS
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PENGASSAN Strike Threatens Nigeria’s Fragile Economy, NECA Warns
The Nigeria Employers’ Consultative Association (NECA) has raised the alarm over the potential economic fallout of the ongoing strike action…
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Nigeria’s Power Grid Under Pressure as PENGASSAN Strike Cut 1,100MW
Nigeria’s long-running struggle with electricity supply has once again been thrown into sharp relief. On September 28, 2025, the Nigerian…
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Providus–Unity Bank Merger: A Turning Point for Nigerian Banking or a Replay of Old Lessons?
Introduction: When Weakness Meets Strength in Nigerian Banking The Nigerian banking industry has entered yet another critical consolidation phase, with…
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PENGASSAN vs Dangote Refinery: Labour Strike or National Sabotage? The Battle That Could Reshape Nigeria’s Energy Future
Strike at the Heart of Nigeria’s Oil Economy Nigeria’s long-awaited industrial renaissance—anchored on the Dangote Petroleum Refinery, Africa’s largest single-train…
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SEC Warns of AI-Powered Investment Scams, Unveils Predictive Surveillance System
In a digital economy racing towards automation and machine intelligence, Nigeria’s financial regulators are facing a new and formidable challenge:…
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FAAN, Paystack Launch Cashless Payments at Lagos, Abuja Airports
From September 29, all payments at Lagos and Abuja airports will go fully cashless under a new FAAN–Paystack partnership. With…
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Customs, MAN Seal Deal on 4% FoB Exemptions, Support Manufacturing Growth
In a landmark decision, the Nigeria Customs Service (NCS) and the Manufacturers Association of Nigeria (MAN) have reached a pact…
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Nigerian Banks Show Strength as 14 Lenders N500B Recapitalisation Thresholds — What It Means for the Economy, Investors, and the Future of Finance
The Central Bank of Nigeria (CBN) has confirmed that 14 banks have fully met the new recapitalisation thresholds in one…
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MPR: Why CBN Cut Interest Rate for the First Time Since 2020 — A Delicate Balancing Act Between Growth and Inflation
After nearly five years of monetary tightening, Nigeria’s Central Bank has finally trimmed its policy rate, lowering the Monetary Policy…
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GTCO Posts ₦600.9bn Profit Before Tax in H1 2025, Strengthens Market Leadership
Guaranty Trust Holding Company Plc (GTCO) has reported ₦600.9bn profit before tax for H1 2025. The results, despite a steep…
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