BUSINESS Archives - Page 7 of 36

Emir Sanusi: Nigeria’s Economy Growing Faster Than Population For The First Time In Years 0
- BUSINESS, SLIDE
- August 1, 2026
The Emir of Kano, Muhammadu Sanusi II, has said Nigeria’s economy is now growing faster than its population for the first time in many years, describing the development as a significant milestone for the country’s economic recovery. Sanusi made the remark while speaking on the state of the Nigerian economy, noting that stronger economic
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FG, Ogun Government Promise Tax Reforms as Manufacturers Raise Alarm Over Rising Costs 0
- BUSINESS, SLIDE
- July 31, 2026
The Federal Government and the Ogun State Government have pledged fresh fiscal and regulatory reforms aimed at improving Nigeria’s manufacturing environment, following renewed concerns by industry operators over multiple taxation, rising energy costs and burdensome regulations threatening the survival of businesses. China To Deepen Nigeria Ties Through Cultural Exchange, Trade – Consul General The commitments
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China To Deepen Nigeria Ties Through Cultural Exchange, Trade – Consul General 0
- BUSINESS, SLIDE
- July 31, 2026
The Consul General of the People’s Republic of China in Lagos, Ms. Yan Yuqing, has reaffirmed China’s commitment to strengthening trade and bilateral relations with Nigeria through cultural exchange, education and language development. US Apologises After AI-Generated Map Misplaces Nigeria At Global AIDS Conference Speaking during a visit to Grace Schools in Lagos, Yuqing
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Tinubu Govt Explains How Fuel Subsidy Savings Is Being Spent 0

The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, says the Federal Government has channelled savings from the removal of fuel and foreign exchange subsidies into servicing debts, paying workers’ salaries, implementing the new ₦70,000 national minimum wage and funding the Nigerian Education Loan Fund (NELFUND). PFIPC: Abati Asks

Banks’ Bad Loans Rise Above CBN’s 5% Prudential Limit 0

Abuja, Nigeria – Nigerian banks’ non-performing loans (NPLs) climbed to 7.51 percent in December 2025, exceeding the Central Bank of Nigeria’s (CBN) prudential benchmark of 5 percent, according to the apex bank’s 2025 Annual Report and Statement of Accounts. Nigerian Army Named Africa’s Best In Counter-Terrorism Operations The report showed a sharp deterioration in asset

Reps Oppose Dollar Charges On Local Petroleum Products 0

The House of Representatives has begun moves to address lingering challenges in Nigeria’s downstream petroleum sector, opposing the continued imposition of United States dollar-denominated charges on locally refined petroleum products and announcing plans to investigate alleged irregularities in the allocation of fuel import licences. Ondo Assembly Held Only Four Plenaries In 2026 – Lawmaker