BUSINESS
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Flutterwave Secures CBN Approval, Expands Into Banking as Nigeria’s Fintech Race Intensifies
Nigeria’s most prominent fintech champions are no longer content with building rails—they now want to own the entire financial highway.…
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CBN Sets Up Payments Committee as Nigeria’s Digital Transactions Hit ₦1.07 Quadrillion
Nigeria’s digital payments revolution is entering a new phase of institutional coordination, as the Central Bank of Nigeria (CBN) moves…
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FG Expands Port Modernisation Nationwide as Oyetola Drives Nigeria’s Blue Economy Transformation
In effect, Nigeria is attempting what many emerging economies have struggled to achieve: align port infrastructure with long-term industrial policy.
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Dangote Refinery IPO Gains Momentum as Afreximbank Leads $4bn Financing, African Bourses Align
Led by Umaru Kwairanga, Chairman of the Nigerian Exchange Group, a delegation of African capital market leaders recently toured the…
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Enugu Trade Fair Hit by Rising Costs as Energy Crisis Strains Nigeria’s Business Environment
Nigeria’s difficult macroeconomic climate is beginning to leave visible marks on the country’s commercial ecosystems. Nowhere is this more evident…
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FirstBank Drives AI Adoption as SME Digital Lending Surpasses ₦1 Trillion in Nigeria
In Nigeria’s fast-evolving digital economy, the contest for small business relevance is no longer defined by access to capital alone—but…
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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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