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Petrol exports hit N371bn amid heavy import reliance
Nigeria exported Premium Motor Spirit, popularly known as petrol, worth N371.54bn in the second quarter of 2025, marking the first ...NUPRC approves sale of TotalEnergies’ stake in OML 118 to SNEPCo, Agip
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says it has approved the sale purchase agreement (SPA) of TotalEnergies EP Nigeria ...Julius Berger exits agro-processing, leases cashew plant to Eko Organic Foods
Julius Berger Nigeria Plc says it has leased out its cashew processing facilities to Eko Organic Food Industries Limited as ...14 banks have met new capital requirement for re-capitalisation – Cardoso
The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, has said 14 Nigerian banks have fully met the ...CBN cuts interest rate to 27% — first since five years
The monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) has reduced the country’s monetary policy rate (MPR) ...FX reserves hit $42bn, highest in six years
Nigeria’s external reserves climbed to their strongest level in six years, crossing the $42bn mark for the first time since ...NNPC has engaged American firm to assess PH refinery – PETROAN
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) says the Nigerian National Petroleum Company (NNPC) Limited has contracted ...UBA records N335bn PAT as Gross Earnings grows by 17.28 to N1.608tn
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has recorded growth across its major business segments, driven by strong ...UBA set to host global leaders at UNGA 2025, plans whitepaper on unlocking Africa’s potential
Africa’s Global Bank, United Bank for Africa (UBA) Plc is making a bold statement on the global stage at the ...Nigeria needs $100bn investment yearly to become middle-income country by 2050 – Bagudu
Atiku Bagudu, minister of budget and national planning, says Nigeria must attract at least $100 billion in investments annually to ...
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