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UK economy hits unexpected growth

Reforms position Nigeria as emerging investment hub –

  • 15th May 2025
Ogun cargo airport to employ 25000 youths on completion - Dapo Abiodun

Mamuda Beverages invests $50m in new industrial facility

  • 14th May 2025

Nigeria ships first Obodo crude blend, says NUPRC

  • 14th May 2025
UK expands work visa sponsors for Nigerians

UK unveils major visa overhaul to cut legal

  • 11th May 2025

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Amazon cuts 100 Jobs in devices, services unit

Amazon cuts 100 Jobs in devices, services unit

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Netflix's ad-supported subscription plan rises to 94m users

Netflix’s ad-supported subscription plan rises to 94m users

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Warner Bros. Discovery rebrands streaming service as HBO Max

Warner Bros. Discovery rebrands streaming service as HBO Max

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Apple to allow users repair iPhones with used parts

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CIBN appoints Alawuba as Body of Banks CEO chair

The Group Managing Director/Chief Executive Officer of United Bank for Africa Plc, Oliver Alawuba has been nominated Chairman of the Chartered Institute of Bankers of Nigeria’s Body of Bank CEOs. This was disclosed by CIBN via a statement on its website on Monday. This prestigious appointment recognizes Alawuba’s significant expertise and imaginative leadership in the […]

Nigeria's external reserves rise to $36.89bn — CBN gov
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Nigerian cash held outside banks hits N3.71trn in May 2024

The amount of currency held outside the country’s banking system has surged to a historic high of N3.71 trillion as of May 2024, according to recently released data from the Central Bank of Nigeria. This figure represents a notable increase of N104.89 billion from the previous month, marking a 3% month-on-month rise. The trend of […]

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eTranzact launch digital verification for military pensioners

eTranzact, a renowned financial startup, has partnered with the Military Pensions Board to establish a digital verification system for military retirees, according to The PUNCH. According to the firm’s statement, the Federal Government-approved technology intends to improve the welfare of military retirees by expediting pension verification processes. The digital solution, unveiled on July 1, 2024, […]

BudgIT raises alarm over allocations in 2024 budget
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BudgIT raises alarm over allocations in 2024 budget

BudgIT, through its open-source service delivery monitoring platform, Tracka, has uncovered significant discrepancies in the 2024 federal budget, particularly concerning the allocation of N732.5 billion for empowerment projects. This figure surpasses the allocation of N646.5 billion earmarked for health projects, a revelation that has sparked concerns about governmental priorities and resource management. In a statement […]

Job vacancies, opportunities for foreign professionals rise in Austria
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Job vacancies, opportunities for foreign professionals rise in Austria

Austria has recorded a notable increase in job vacancies, reporting an average of 196,400 unfilled positions in the first quarter of 2024, according to Statistics Austria. This marks an 8.5% rise from the previous quarter’s 181,000 vacancies, highlighting a growing demand for labor, particularly in the service sector. The breakdown of job vacancies shows 113,200 […]

Active Internet Service Providers drop amid failed licenses renewal
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Active Internet Service Providers drop amid failed licenses renewal

The number of active Internet Service Providers in Nigeria has decreased to 242 in July from 252 in May this year, marking a notable decline as several operators allowed their licenses to expire without renewal, according to the latest data from the Nigerian Communications Commission. The updated July database from the NCC revealed that despite […]

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FG halts food imports duty, partners states on farming

The federal government on Monday announced a 150-day duty-free import window for food items, stepping up attempts to combat increasing inflation, which has impoverished many Nigerians. This was disclosed by the Minister of Agriculture, Abubakar Kyari during a press conference held in Abuja on Monday, according to The PUNCH. The Tinubu-led administration also announced its […]

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Nigeria’s external reserves rise to $34.66bn, highest in 13 months

Nigeria’s overseas reserves have risen again, this time by $1.88 billion to $34.66 billion as of July 4, 2024, a thirteen-month high. This was revealed in the foreign reserve historical data foreign ofCentral Bank of Nigeria, according to Nairametrics. The surge in foreign reserves is partly due to a series of financial commitments from Afrexim […]

Petrol queues surface in Lagos, Abuja after Tinubu's subsidy announcement
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Fuel scarcity in Abuja cause by thunderstorm – NNPCL

The Nigeria National Petroleum Corporation Limited has ascribed the recent scarcity and increase in fuel prices in Abuja to difficulties in product transit caused by thunderstorms and other weather-related issues. This was disclosed in a statement by the Chief Corporate Communications Officer of NNPCL, Olufemi Soneye via his official X handle on Monday. Soneye identified […]

President Tinubu to reduce inflation to 15% by 2025
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Credit to government jumped by N8.4tn in May 2024

Credit to the government increased by N8.4 trillion in May 2024, dwarfing private sector credit growth by six times during the same period. This is based on the latest money and credit statistics data from the Central Bank of Nigeria for May 2024, according to Nairametrics. According to CBN data, credit to the government accounts […]

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