4% Development levy, not additional tax, says FIRS - Daily Trust
Thu, 04 Dec 2025
The Federal Inland Revenue Service (FIRS) has explained that Nigerias newly enacted tax laws are designed to strengthen economic competitiveness, attract investments and improve long-term fiscal stability. The agency also clarified that the much-debated 4% Development Levy on imported goods is not a new or additional tax burden, but a streamlined consolidation of several existing []
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AI offers environmental health initiatives to transform, respond to complex issues SGF - Blueprint
Thu, 04 Dec 2025
The federal government States that the integration of Artificial Intelligence (Al) and predictive analytics into environmental health operations offer a transformative opportunity to anticipate, prevent, [...]
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ALTON Commends NSCDC for Infrastructure Protection - Thisday
Thu, 04 Dec 2025
The Chairman of the Association of Licensed Telecommunications Operators of Nigeria (ALTON), Ggenga Adebayo, has commended the Ogun State Command of the Nigeria Security and Civil Defense Corps (NSCDC) for
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AMCON repays N3.6tn, intensifies global asset hunt - Punch
Thu, 04 Dec 2025
Nigeria's AMCON reports repaying N3.6tn to the CBN and is intensifying its debt recovery efforts by tracing hidden assets globally....
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AMCON repays N3.6trn to CBN, projects N215bn in recovery for 2025 - Daily Trust
Thu, 04 Dec 2025
The Asset Management Corporation of Nigeria (AMCON), the government-owned agency established in 2010 to stabilize and revitalize the Nigerian financial system, recovered N156bn from debtors in 2024 while targeting a recovery of N215bn before the end of 2025. Managing Director/CEO of the corporation, Mr. Gbenga Alade who disclosed this in Lagos also stated that the []
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AMCON says N3.6 trillion debt repaid, achieves 87% recovery - Guardian
Thu, 04 Dec 2025
The Asset Management Corporation of Nigeria (AMCON), a government-owned behemoth established in the wake of the 2008/2009 financial systemThe post AMCON says N3.6 trillion debt repaid, achieves 87% recovery appeared first on The Guardian Nigeria News - Nigeria and World News.
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Appeal Court upholds judgment barring VIO from confiscating vehicles, imposing fines - Nairametrics
Thu, 04 Dec 2025
The Court of Appeal sitting in Abuja on Thursday upheld the judgment of the Federal High Court in Abuja, which barred the Directorate of Road Traffic Services, commonly known as the Vehicle Inspection Office (VIO), from stopping, impounding, or confiscating vehicles, and from imposing fines on motorists.The post Appeal Court upholds judgment barring VIO from confiscating vehicles, imposing fines appeared first on Nairametrics.
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As 2025 Appropriation hangs, Nigerians await 2026 budget - Daily Trust
Thu, 04 Dec 2025
The delay in the presentation of the 2026 Appropriation Bill to the National Assembly by President Bola Ahmed Tinubu is raising concerns among Nigerians, Daily Trust can report. Also, there are fears that Nigeria faces the risk of running four budgets concurrently including the 2024 Appropriation Act, 2024 Supplementary Budget and 2025 budget by the []
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At 20 Years, NiRA Celebrates .ng Innovators, Users - Thisday
Thu, 04 Dec 2025
The Nigeria Internet Registration Association (NiRA), the body managing Nigerias cyberspace identity, on Tuesday in Lagos, celebrated its 20th anniversary and 8th.ng Awards, where it honoured pioneer drivers of Nigerias
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Ayra Starr, Sunmisola Agbebi emerge as Nigerias most-streamed female artists in 2025 - Nairametrics
Thu, 04 Dec 2025
Nigerias music landscape iswitnessinga fresh wave of female talent, according to Spotifys Wrapped 2025 data, with Ayra Starr andSunmisolaAgbegbileading the way.The post Ayra Starr, Sunmisola Agbebi emerge as Nigerias most-streamed female artists in 2025 appeared first on Nairametrics.
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Ayra Starr, Sunmisola Agbegbi emerge as Nigerias most-streamed female artists in 2025 - Nairametrics
Thu, 04 Dec 2025
Nigerias music landscape iswitnessinga fresh wave of female talent, according to Spotifys Wrapped 2025 data, with Ayra Starr andSunmisolaAgbegbileading the way.The post Ayra Starr, Sunmisola Agbegbi emerge as Nigerias most-streamed female artists in 2025 appeared first on Nairametrics.
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BoI, NCDMB seal $100m content fund deal - The Nation
Thu, 04 Dec 2025
The Bank of Industry (BoI) and the Nigeria Content Monitoring and Development Board (NCDMB) have signed a Memorandum of Understanding (MoU) on $100 million Nigerian Content Intervention Fund (NCIF) TheThe post BoI, NCDMB seal $100m content fund deal appeared first on The Nation Newspaper.
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BoI, NCDMB Seal Pact on $100MNCIF Equity Investment Scheme - Thisday
Thu, 04 Dec 2025
Oluchi Chibuzor The Bank of Industry (BoI) and the Nigeria Content Monitoring and Development Board (NCDMB) have signed a Memorandum of Understanding (MoU) on $100 million Nigerian Content Intervention Fund
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British firm, FCMB boost MSMEs in North with $50m - The Nation
Thu, 04 Dec 2025
British International Investment (BII) and First City Monument Bank (FCMB, yesterday announced a $50 million credit facility aimed at driving growth and economic inclusion for Micro, Small, and Medium-sized EnterprisesThe post British firm, FCMB boost MSMEs in North with $50m appeared first on The Nation Newspaper.
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British International Investment, FCMB back MSMEs with $50m facility - Blueprint
Thu, 04 Dec 2025
British International Investment (BII), the UKs development finance institution and impact investor, and First City Monument Bank (FCMB), a leading financial institution in Nigeria, announced [...]
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Burnaboytops most exported artist list on Spotifyin 2025 - Nairametrics
Thu, 04 Dec 2025
Burna Boy has once again cemented his position at the forefront of Nigerias global music ascent, topping Spotifys 2025 list of most-exported Nigerian artists. The post Burnaboytops most exported artist list on Spotifyin 2025 appeared first on Nairametrics.
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Burnaboytops most exported Nigerian artists list on Spotifyin 2025 - Nairametrics
Thu, 04 Dec 2025
Burna Boy has once again cemented his position at the forefront of Nigerias global music ascent, topping Spotifys 2025 list of most-exported Nigerian artists. The post Burnaboytops most exported Nigerian artists list on Spotifyin 2025 appeared first on Nairametrics.
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Capital gains, profit-taking trigger first NGX decline since March - Punch
Thu, 04 Dec 2025
The NGX decline in November marks its first since March, driven by capital gains tax fears and profit-taking, wiping N6tn from market cap. Analysts eye a r...
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Cash demand rises as currency outside banks hits N4.65trn - Daily Times
Thu, 04 Dec 2025
Nigerias demand for physical cash intensified in October as Currency Outside Banks (COB) rose for the second consecutive month to N4.65 trillion, signalling renewed pressure on cash circulation despite sustained monetary tightening by the Central Bank of Nigeria (CBN). According to the latest Money and Credit Statistics from the apex bank, COB increased by 4.07 []The post Cash demand rises as currency outside banks hits N4.65trn appeared first on DAILY TIMES Nigeria. Nigeria News from Nigeria Ne
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CBN boosts FX interventions 348% as naira faces tough November - Daily Times
Thu, 04 Dec 2025
The naira endured one of its toughest months this year as the Central Bank of Nigeria (CBN) ramped up interventions in the foreign exchange market by 348 per cent to stabilise the currency, injecting about $637 million in November amid rising capital outflows and acute dollar shortages. TrustBanc Financial Group Limited said the apex bank []The post CBN boosts FX interventions 348% as naira faces tough November appeared first on DAILY TIMES Nigeria. Nigeria News from Nigeria Newspapers
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CBN Ends Cash Deposit Limit For Bank Customers - New Telegraph
Thu, 04 Dec 2025
The Central Bank of Nigeria (CBN) has removed all cash-deposit limits for bank customers while maintaining strict weekly withdrawal ceilings under a revised set of cash-related policies that take effect on January 1, 2026. The changes were announced in a circular issued on Tuesday and signed by the Director, Financial Policy and Regulation Department, Dr...The post CBN Ends Cash Deposit Limit For Bank Customers appeared first on New Telegraph.
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CBN holds benchmark rate steady in disinflation phase - Punch
Thu, 04 Dec 2025
The Central Bank of Nigeria (CBN) holds its benchmark interest rate at 27%, prioritizing stability as inflation slows but remains a key concern for the eco...
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CBN removes cash deposit limits, raises weekly withdrawal to N500,000 - Guardian
Thu, 04 Dec 2025
The Central Bank of Nigeria (CBN) has removed cash deposit limits and also increased the weekly cash withdrawal limit from N100,000 to N500,000. The CBN made this known in a circular to all banks and other financial institutions, signed byThe post CBN removes cash deposit limits, raises weekly withdrawal to N500,000 appeared first on The Guardian Nigeria News - Nigeria and World News.
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CBN removes limit on cash deposit, raises weekly withdrawal limit - Vanguard
Thu, 04 Dec 2025
By Babajide Komolafe, Economy Editor The Central Bank of Nigeria, CBN, yesterdayremoved the limit on cash deposit and raised the weekly cash withdrawal limits across all channels to N500,000 from N100,000. The apex bank disclosed this in a circular to all banks titled, Revised Cash-Related Policies, signed by Dr. Rita Sike, Director, Financial Policy & []The post CBN removes limit on cash deposit, raises weekly withdrawal limit appeared first on Vanguard News.
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CBN reviews cash withdrawal rules, enforces new fees in January - Guardian
Thu, 04 Dec 2025
The Central Bank of Nigeria (CBN) is embarking on sweeping changes to the countrys cash management regulations, unveiling a revisedThe post CBN reviews cash withdrawal rules, enforces new fees in January appeared first on The Guardian Nigeria News - Nigeria and World News.
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CBNs new cashlimitpolicy sparks reactions from experts,PoS operators - Nairametrics
Thu, 04 Dec 2025
The Central Bank of Nigerias (CBN) newly revised cash deposit and withdrawal limits have triggered mixed reactions across the financial ecosystem, with analysts, cash-dependent businesses, and Point-of-Sale (PoS) operators offering divergent assessments of the policys implications.The post CBNs new cashlimitpolicy sparks reactions from experts,PoS operators appeared first on Nairametrics.
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CFG Africa unveils N1 Billion Ethical Fund as low-risk anchor for 2026 Portfolios - Nairametrics
Thu, 04 Dec 2025
CFG Africa launched its N1 billion CFG Ethical Fund at the Client Engagement Forum 2025, positioning it as a strategic diversification tool for investors seeking capital preservation and consistent income in a volatile market environment. The Shariah-compliant fund allocates 70%-85% of its portfolio to high-quality Sukuk and ethical fixed-income instruments, with an offer price of []The post CFG Africa unveils N1 Billion Ethical Fund as low-risk anchor for 2026 Portfolios appeared first on Naira
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Choosing A Crypto Wallet For Business Reasons And Tips - New Telegraph
Thu, 04 Dec 2025
In todays digital economy, companies are dealing with crypto more frequently than ever. Some hold digital assets as part of treasury management, others accept crypto payments, and many combine both strategies to diversify revenue. No matter the model, one tool becomes essential from day one a b2b crypto wallet.Without a reliable wallet set-up, even...The post Choosing A Crypto Wallet For Business Reasons And Tips appeared first on New Telegraph.
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CITN charges 1,899 new inductees on ethical compliance - Daily Trust
Thu, 04 Dec 2025
The President of the Chartered Institute of Taxation of Nigeria (CITN), Mr. Innocent Ohagwa, has urged 1,899 newly inducted members to comply with the institutes ethical standards and uphold professionalism in the discharge of their duties. Ohagwa stated this during the Institutes 53rd induction ceremony, congratulating the new members on their achievement in joining the []
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CPPE warns of rising living costs despite Nigerias GDP growth in Q3 2025 - Nairametrics
Thu, 04 Dec 2025
The Centre for the Promotion of Private Enterprise (CPPE) has warned that the cost of living may rise despite Nigeria's GDP growth in the third quarter of 2025.The post CPPE warns of rising living costs despite Nigerias GDP growth in Q3 2025 appeared first on Nairametrics.
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Current Financial Relief Is Fragile, World Bank Warns Developing Nations - New Telegraph
Thu, 04 Dec 2025
WBG Says $741bn Debt Drain Pushes Millions to Hunger as World Bank Warns That 56% in most indebted nations cant afford a daily diet despite easing global conditions The World Bank has warned that developing countries are entering one of their most precarious periods in decades, despite signs that global financial conditions have begun to...The post Current Financial Relief Is Fragile, World Bank Warns Developing Nations appeared first on New Telegraph.
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Customs generates over N2.5 billion are Seme border - Daily Trust
Thu, 04 Dec 2025
The Nigeria Customs Service (NCS) Seme Command has generated over N2.5 billion at the Seme border, in the month of October 2025. The revenue which was collected within a specified period, highlights the commands commitment to meeting its revenue targets. The commands revenue generation efforts are part of the Nigeria Customs Services broader strategy to []
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Customs generates over N2.5 billion at Seme border - Daily Trust
Thu, 04 Dec 2025
The Nigeria Customs Service (NCS) Seme Command has generated over N2.5 billion at the Seme border, in the month of October 2025. The revenue which was collected within a specified period, highlights the commands commitment to meeting its revenue targets. The commands revenue generation efforts are part of the Nigeria Customs Services broader strategy to []
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Deutsche Bank pursues financing role in Lagos bridge rehabilitation - Punch
Thu, 04 Dec 2025
Deutsche Bank has expressed interest in funding the major rehabilitation of Lagos's Carter Bridge and Third Mainland Bridge. Learn about the partnership....
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DMO allots N709.621 billionasyieldsurges to17.5%for 364-dayBill - Nairametrics
Thu, 04 Dec 2025
The Debt Management Office (DMO) has concluded its Nigerian Treasury Bills (NT-Bills) auction for December 3, 2025, raising a total of N709.621 billion across the three tenors on offer, with the 364-day bill emerging as the investor favourite.The post DMO allots N709.621 billionasyieldsurges to17.5%for 364-dayBill appeared first on Nairametrics.
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Don urges development of new towns - The Nation
Thu, 04 Dec 2025
To prevent chaos associated with population growth in the future, as well as propel socio-economic advancement, Nigeria should start developing new towns. Director, Public Sector Initiative, Professor of Strategic ManagementThe post Don urges development of new towns appeared first on The Nation Newspaper.
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EBA Purchase: AMCON Repays N3.6trn To CBN Till Date - New Telegraph
Thu, 04 Dec 2025
Asset Management Corporation of Nigeria (AMCON), the government-owned agency established in 2010 to stabilise and revitalise the Nigerian financial system, has repaid about N3.6 trillion to the Central Bank of Nigeria (CBN) since its inception. The Managing Director and CEO of the corporation, Mr Gbenga Alade, disclosed this at a media parley in Lagos, remarking...The post EBA Purchase: AMCON Repays N3.6trn To CBN Till Date appeared first on New Telegraph.
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Edo plans N160bn fund to address ecological challenges - Punch
Thu, 04 Dec 2025
Edo State unveils plans to raise N160bn via a trust fund to tackle pressing ecological challenges, including over 60 major gully erosion sites....
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Engineers develop green extraction technology for essential oils - Punch
Thu, 04 Dec 2025
Engineers develop a new green extraction technology for essential oils, boosting yield by nearly 3x while cutting energy and emissions by over 80%....
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Entrepreneurs must think differently to grow - Punch
Thu, 04 Dec 2025
Discover key principles for entrepreneurial growth. Learn why you must reinvent, innovate, strategise, and expand to overcome challenges and achieve succes...
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Esso E&P to strengthen Nigerias energy sector - The Nation
Thu, 04 Dec 2025
Esso Exploration and Production Nigeria Deepwater Limited (Esso E&P), an affiliate of ExxonMobil Corporation, has reiterated its commitment to strengthening Nigerias energy sector through strategic collaboration, regulatory clarity, and sustainableThe post Esso E&P to strengthen Nigerias energy sector appeared first on The Nation Newspaper.
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Eterna launches N21.5bn Rights Issue - Punch
Thu, 04 Dec 2025
Eterna Plc has finalized its N21.5bn Rights Issue to fund strategic expansion and strengthen its balance sheet. Learn about the offer details....
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Eterna Targets N21.52bnviaRights Issue to Fund Expansion,Others - Thisday
Thu, 04 Dec 2025
Kayode Tokede Eterna Plc said it has finalised arrangements for a rights issue of 978,108,485 ordinary shares at N22.00 per share, expected to raise approximately N21.52 billion. The capital raise,
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Eto pursues integration with single window platform - Punch
Thu, 04 Dec 2025
Operators of the Eto platform are engaging agencies for integration into the National Single Window to ease port congestion and improve efficiency....
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Ex-NIWA MD bags most media-friendly award - Punch
Thu, 04 Dec 2025
Former NIWA MD, Bola Oyebamiji, was voted the recipient of the Most Media-Friendly CEO Award by maritime journalists for his accessibility and support....
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Experts urge FG to adopt modern technology to combat terrorism - Daily Trust
Thu, 04 Dec 2025
Aviation and security experts are calling on the Nigerian government to urgently embrace modern technologies, such as advanced drones, as a key strategy in addressing the growing threats of terrorism and violent extremism in the country. The experts expressed concerns about the increasing strength of these security challenges, while the governments response continues to seem []
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FAAN maps out strategies to reshape Nigerias aviation sector - Blueprint
Thu, 04 Dec 2025
The Federal Airports Authority of Nigeria (FAAN) has outlined strategies aims to provide a forward-looking platform for deep reflection and meaningful dialogue on the challenges [...]
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FAAN maps out strategies to shape Nigerias aviation sector - Blueprint
Thu, 04 Dec 2025
The Federal Airports Authority of Nigeria (FAAN) has outlined strategies aimed at provide a forward-looking platform for deep reflection and meaningful dialogue on the challenges [...]
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FCMBNamed Nigerias Best SME-focused Bank - Thisday
Thu, 04 Dec 2025
First City Monument Bank (FCMB) has been named Nigerias Best SME Focused Bank for 2025 by the Chartered Institute of Bankers of Nigeria (CIBN). This recognition comes as FCMB holds
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FEC approves 20262028 MTEF, projects N34.33 trillion revenue - Nairametrics
Thu, 04 Dec 2025
The Federal Executive Council (FEC) has approved the 20262028 Medium-Term Expenditure Framework (MTEF), a key fiscal document that outlines Nigerias revenue expectations, macroeconomic assumptions, and spending priorities for the next three years.The post FEC approves 20262028 MTEF, projects N34.33 trillion revenue appeared first on Nairametrics.
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FEC approves deployment of 4,000 telecom towers to expand digital access nationwide - Nairametrics
Thu, 04 Dec 2025
The Federal Executive Council (FEC) has approved the deployment of 4,000 telecom towers across Nigeria to expand connectivity in underserved communities.The post FEC approves deployment of 4,000 telecom towers to expand digital access nationwide appeared first on Nairametrics.
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FG Begins N185bn Gas Legacy Debt Repayment - New Telegraph
Thu, 04 Dec 2025
The Federal Government has commenced the settlement of 185 billion in long-standing debts owed to natural gas producers, a move aimed at revitalising the gas industry and stabilising power generation. The approval, endorsed by the National Economic Council (NEC) under Vice President Kashim Shettima, marks a significant intervention in Nigerias energy sector. The debts, accumulated...The post FG Begins N185bn Gas Legacy Debt Repayment appeared first on New Telegraph.
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FG Launches New Device Credit Programme to Ease Payment - Thisday
Thu, 04 Dec 2025
The Federal Government, through the Nigerian Consumer Credit Corporation (CREDICORP), has launched a national digital device credit programme that will make smartphones, laptops, and other essential digital tools more affordable
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FG rolls out MOFI awards for public enterprises - The Nation
Thu, 04 Dec 2025
The federal government has introduced a new national initiative aimed at promoting accountability, high performance, and strong corporate governance across its portfolio of state-owned enterprises. The initiative, known as theThe post FG rolls out MOFI awards for public enterprises appeared first on The Nation Newspaper.
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FG, World Bank reaffirm commitment to expand social protection, economic opportunities - Blueprint
Thu, 04 Dec 2025
The Federal Government and the World Bank have reiterated their commitment to expanding social protection systems and economic opportunities for the poor and vulnerable citizens. [...]
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Firm Achieves 100m Card Milestone - Thisday
Thu, 04 Dec 2025
Verve, Africas leading payments card brand, powered by the Interswitch Group, has achieved a landmark industry milestone, surpassing 100 million Verve cards issued across the African continent. Announcing the feat
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FIRS clarifies new tax laws, debunks levy misconceptions - Punch
Thu, 04 Dec 2025
FIRS explains the new Nigeria tax laws, clarifying the 4% development levy, FTZ rules, and minimum tax rate to boost investor confidence and stability....
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FirstBank reinforces support for arts at Oke-Odan Festival - Punch
Thu, 04 Dec 2025
FirstBank of Nigeria Ltd sponsors the Oke-Odan Festival 2025, promoting cultural heritage and economic prosperity through its First@Arts initiative....
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GDP expected to rebound 4.22% in Q4 Report - Punch
Thu, 04 Dec 2025
Analysts forecast Nigeria GDP growth to rebound to 4.22% in Q4 2025, driven by improving macroeconomic conditions and a resilient non-oil sector....
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