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Day: September 29, 2023

Dangote Group’s Tax Contributions of N474 Billion Applauded as Catalyst for Sustainable Development in Nigeria
Business News

Dangote Group’s Tax Contributions of N474 Billion Applauded as Catalyst for Sustainable Development in Nigeria

Web AdminSeptember 29, 2023September 29, 2023
During the inauguration of the 18th Abuja International Trade Fair on Thursday, an official from Dangote Group, Hashem Ahmed, revealed that three subsidiaries of the conglomerate have paid a combined...
Federal Government Pledges to Facilitate Oil Sector Expansion to Counteract International Oil Company Divestments
Business News

Federal Government Pledges to Facilitate Oil Sector Expansion to Counteract International Oil Company Divestments

Web AdminSeptember 29, 2023September 29, 2023
The Federal Government announced on Thursday its commitment to removing all obstacles related to exploration and production in the oil sector, as part of its strategy to address the divestment...
Nigeria’s Banking Sector Sees Robust Loan Growth, Non-Performing Loans Remain in Check at 4.1% of Total Credit
Business News

Nigeria’s Banking Sector Sees Robust Loan Growth, Non-Performing Loans Remain in Check at 4.1% of Total Credit

Web AdminSeptember 29, 2023September 29, 2023
Banks in Nigeria are intensifying their efforts to tackle non-performing loans by deducting debts from defaulting borrowers’ accounts in other banks. This strategy is aimed at reducing the burden of...
NPF Microfinance Bank’s Shareholders Overwhelmingly Approve Transition to Commercial Bank Status
Business News

NPF Microfinance Bank’s Shareholders Overwhelmingly Approve Transition to Commercial Bank Status

Web AdminSeptember 29, 2023September 29, 2023
The NPF Microfinance Bank has unveiled its financial performance for the first quarter of 2023, showcasing an impressive 171.5% surge in profits, with figures soaring to N645.94 million from N242.79...
NEC Confirms $3 Billion Loan to Stabilize Naira Amidst Currency Fluctuations
Business News

NEC Confirms $3 Billion Loan to Stabilize Naira Amidst Currency Fluctuations

Web AdminSeptember 29, 2023September 29, 2023
In a statement following the 136th NEC meeting held at the Aso Rock Presidential Villa, the Nasarawa State Governor, Abdullahi Sule, confirmed that the $3 billion emergency loan secured by...
Transforming Lagos Mainland, Edala Homes’ Journey in Affordable Housing
Business News

Transforming Lagos Mainland, Edala Homes’ Journey in Affordable Housing

Web AdminSeptember 29, 2023September 29, 2023
In the ever evolving real estate landscape of Lagos where innovation meets excellence, Edala Homes has emerged as a transformative force, redefining the sector with a unique focus on long...

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Nigeria Spends $2.93bn on Eurobond Servicing Under Tinubu, 83% Goes to Interest — DMO Data

Dangote Refinery Debunks Viral Video Claiming It Delivers Petrol Through Dispatch Riders

Tyre Burst Disrupts Flights at Abuja Airport, Normal Operations Resume

UNICEF, EU, and Oyo Govt to Enrol 250,000 More Vulnerable Households into Social Register

African Nurses and Midwives Launch World’s First AI Movement for Migrant Women

Open Startup Launches Fifth DeepTech Accelerator to Boost African Innovation

NAPE Warns of Looming Oil Output Decline, Calls for Urgent Exploration Drive

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Turkish Investors Eye Agriculture, Textiles, and Manufacturing in Abia

National Quality Conference, Awards Shifted to March 2026

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