Nigerian economy

Nigeria’s Excess Crude Account Surges to $535,823 – AGF Reveals Exciting Update
Current Status of Nigeria’s Excess Crude Account As of August 2025, Nigeria’s Excess Crude Account (ECA) holds a balance of approximately $535,823.39, according to the...

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Business Updates
2 weeks ago2 weeks ago

Current Status of Nigeria’s Excess Crude Account As of August 2025, Nigeria’s Excess Crude Account (ECA) holds a balance of approximately $535,823.39, according to the latest statement from the Accountant-General of the Federation, Shamsedeen Ogunjimi. This figure reflects the funds accumulated from oil revenues exceeding the benchmark price set by the government. Understanding the Role...

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Osasogie Omoigui: Is Nigeria’s Stunning Glow-Up Hiding a Deeper Truth?
The Hidden Price of Cultural Evolution Throughout history, societal progress often conceals an underlying cost. Take the United States, for example: hip-hop emerged from grassroots...

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Lifestyle
2 weeks ago2 weeks ago

The Hidden Price of Cultural Evolution Throughout history, societal progress often conceals an underlying cost. Take the United States, for example: hip-hop emerged from grassroots block parties and street cyphers, raw narratives born from marginalized communities. As the genre gained global acclaim, its core essence-the unfiltered grit-was diluted. The mainstream audience gravitated towards rap adorned...

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Tinubu Vows Stronger Reform Enforcement to Drive Ambitious N300 Trillion Capital Market Growth
President Tinubu Commits to Strengthening Nigeria’s Capital Market President Bola Tinubu has reaffirmed his administration’s dedication to bolstering Nigeria’s capital market, pledging to implement enhanced...

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Business Updates
2 weeks ago2 weeks ago

President Tinubu Commits to Strengthening Nigeria’s Capital Market President Bola Tinubu has reaffirmed his administration’s dedication to bolstering Nigeria’s capital market, pledging to implement enhanced reforms aimed at expanding the sector’s capacity. According to Bayo Onanuga, the President’s special adviser on information and strategy, Tinubu is focused on creating a more robust and dynamic financial...

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Nigerians Shell Out a Staggering N2.56 Billion in Ransoms to Kidnappers Within Just One Year
The ransom-driven kidnapping crisis in Nigeria has escalated to unprecedented heights, with families and communities disbursing a staggering N2.56 billion from July 2024 through June...

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Business Updates
2 weeks ago2 weeks ago

The ransom-driven kidnapping crisis in Nigeria has escalated to unprecedented heights, with families and communities disbursing a staggering N2.56 billion from July 2024 through June 2025 to free their loved ones from captors. This surge in ransom payments underscores the growing severity of the abduction epidemic across the nation, reflecting a troubling trend in security...

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Inside Nigeria’s Top Trustee Companies: Unveiling Trends, Triumphs, and Industry Insights
Establishing Trust and Enhancing Wealth: First Trustees’ Strategic Approach to Legacy Management In today’s dynamic financial environment, the importance of dependable trust services cannot be...

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Politics Today
3 weeks ago3 weeks ago

Establishing Trust and Enhancing Wealth: First Trustees’ Strategic Approach to Legacy Management In today’s dynamic financial environment, the importance of dependable trust services cannot be overstated. For nearly five decades, First Trustees Limited has stood as a pillar of reliability, delivering exceptional trustee solutions tailored to secure and transfer wealth effectively. Featured Insight: An in-depth...

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Kefas Unveils TARAVEST: Taraba’s New Gateway to Investment Opportunities
Dr. Agbu Kefas, the Governor of Taraba State, has inaugurated TARAVEST, positioning it as the premier investment vehicle for the state. Alongside this launch, he...

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Politics Today
3 weeks ago3 weeks ago

Dr. Agbu Kefas, the Governor of Taraba State, has inaugurated TARAVEST, positioning it as the premier investment vehicle for the state. Alongside this launch, he introduced the Post-TARAVEST Committee, tasked with accelerating capital attraction and fostering rapid growth in vital economic sectors. The unveiling took place during a formal event at the TY Danjuma Government...

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Stakeholders Urge Startups to Boost Capacity Amid Declining Funding in Nigeria
startups excel in Google’s latest initiative” loading=”lazy” class=”pl” /> Empowering Nigerian Startups: The Call for Enhanced Investor Readiness In the evolving landscape of Nigeria’s entrepreneurial...

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Opinion
3 weeks ago3 weeks ago

startups excel in Google’s latest initiative” loading=”lazy” class=”pl” /> Empowering Nigerian Startups: The Call for Enhanced Investor Readiness In the evolving landscape of Nigeria’s entrepreneurial ecosystem, experts and key stakeholders emphasize the urgent need for startups to elevate their financial acumen and business development capabilities. This preparedness is crucial for attracting and sustaining investor interest,...

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Naira Holds Strong at ₦1,535 as Forex Reserves Climb, Ending the Week on a Steady Note
Naira Holds Firm at N1,535 Amid Strengthening Foreign Exchange Reserves At the close of the week, the Nigerian naira remained stable, trading at N1,535 per...

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Opinion
3 weeks ago3 weeks ago

Naira Holds Firm at N1,535 Amid Strengthening Foreign Exchange Reserves At the close of the week, the Nigerian naira remained stable, trading at N1,535 per US dollar in the official foreign exchange market. This steadiness reflects the positive impact of increasing foreign exchange reserves, which have bolstered market confidence and liquidity. Impact of Growing FX...

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NNPC Profit Takes Another Hit, Plummeting to N185 Billion in July
NNPC Reports Decline in July Profits Amid Strong Half-Year Contributions The Nigerian National Petroleum Company Limited (NNPC) has revealed a significant decrease in its profit...

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Opinion
3 weeks ago3 weeks ago

NNPC Reports Decline in July Profits Amid Strong Half-Year Contributions The Nigerian National Petroleum Company Limited (NNPC) has revealed a significant decrease in its profit for July 2025, with earnings falling to N185 billion. This marks a continued downward trend in monthly profitability for the state-owned oil giant. Robust Half-Year Payments to Federation Account Despite...

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Bank recapitalisation: Strengthening Nigeria’s financial system for a trillion-dollar economy
Bank recapitalisation is key to fortifying Nigeria's financial backbone, paving the way for a robust banking sector that can support a trillion-dollar economy and fuel...

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Business Updates, Gossip, Lifestyle, News & Gossips
2 months ago2 months ago

In the dynamic landscape of global finance, the quest for robust and resilient banking systems is more critical than ever-especially for emerging economies poised on the brink of transformative growth. Nigeria, Africa’s largest economy, stands at such a crossroads, envisioning a future where it ascends to the coveted trillion-dollar mark. Central to this ambitious trajectory...

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