BUSINESS AND ECONOMY
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OECD Cuts Global Growth Forecast as Trump’s Tariff Blitz Slows U.S. Economy
The OECD has cut its global growth forecast for 2025 and 2026, blaming trade tensions…
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Nigerian Stock Market Opens June Strong, Investors Pocket N179 Billion Amid Renewed Confidence
The Nigerian stock market opened June with a bullish run as investors gained ₦179 billion,…
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India to Launch Free Trade Talks with Russia-Led Eurasian Bloc in Strategic Economic Shift
India is gearing up to launch Free Trade Agreement talks with the Eurasian Economic Union,…
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AXIAN Telecom Buys 8% Stake in Jumia Amid Investor Exodus and Intensified eCommerce Pressure
AXIAN Telecom has taken an 8% minority stake in Jumia, signaling renewed investor confidence as…
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Sanofi to Acquire Blueprint Medicines in $9.5 Billion Deal to Expand Rare Disease Portfolio
French pharma giant Sanofi is set to acquire U.S.-based biotech firm Blueprint Medicines in a…
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Africa Energy Bank Secures 44% Capital, Set to Launch Operations from Abuja HQ
Africa is making a bold leap toward energy self-sufficiency as the Africa Energy Bank secures…
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SERAP Drags NNPCL to Court Over Alleged Missing ₦500bn Oil Revenue
SERAP has dragged the Nigerian National Petroleum Company Limited to court over the alleged disappearance…
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Fuel Price War: NNPCL Slashes Petrol to N895 as Dangote, Marketers Stir Competition
In a bold response to increasing market competition, the Nigerian National Petroleum Company Limited (NNPCL)…
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Oil Falls Below $65: Relief for Consumers, Setback for Producers
The global oil market has entered a new phase, with Brent crude prices falling below…
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OPEC+ Sticks to Oil Output Hike Strategy for July Amid Price Decline and Market Tensions
The Organization of the Petroleum Exporting Countries and its allies, known as OPEC+, have resolved…
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Access Bank Completes Acquisition of National Bank of Kenya, Expanding Presence in East Africa
Access Bank Plc has completed the acquisition of the National Bank of Kenya (NBK) from…
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Nigerian Stock Market Soars by ₦1.5 Trillion in a Week as Investors Rally Behind Consumer and Industrial Stocks
The Nigerian stock market wrapped up the week on a positive note, achieving a significant…
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SEC Warns Nigerians: Unlicensed Investment Platforms Like TOFRO and Silverkuun Pose Massive Risk
As more Nigerians seek alternative income streams amid rising inflation and economic uncertainty, the Securities…
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Aba Power Rolls Out 20,000 Free Prepaid Meters in Abia to Boost Transparency, Combat Energy Theft
In a bold move to revolutionize electricity distribution and billing transparency in Abia State, Nigeria’s…
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Seplat Powers Ahead: Redefining Nigeria’s Energy Future with Innovation and Impact
Seplat Energy has unveiled a transformative vision for Nigeria’s energy sector, emphasizing innovation, integration, and…
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Shell Expands Its Deep-Water Presence with $510 Million Acquisition of Bonga Field
In a landmark transaction that reshapes Nigeria’s offshore energy landscape, Shell has agreed to acquire…
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CBN Publishes New Forex Rates as Naira Weakens for Third Consecutive Day
The Central Bank of Nigeria (CBN) today updated its official exchange rates, revealing that the…
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Baillie Gifford’s Big Exit Sends Shockwaves Through Jumia’s Boardroom
Investor confidence in Jumia has taken a hit following the complete exit of its largest…
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ECOWAS Celebrates 50 Years in Lagos as Tinubu Champions Regional Revival During Golden Jubilee Festivities
President Tinubu marked ECOWAS’s golden jubilee with a bold call for action, urging leaders to…
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How to Secure Nigeria’s 2025 Creative Development Fund
The Nigerian government has launched the Creative Economy Development Fund to boost its thriving arts…
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