Oyetola Calls for Increased Investment in Maritime Security and Sustainable Practices

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The Minister of Marine and Blue Economy, Adegboyega Oyetola, has called for increased investment in surveillance systems, enhanced maritime law enforcement, and improvements in...

N2.8 Trillion Needed for TCN Projects to Improve Nigeria’s Power Grid

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Minister of Power, Chief Adebayo Adelabu, has revealed that the Transmission Company of Nigeria (TCN) requires approximately N2.8 trillion to execute 149 projects aimed...

Ecobank Unveils “Kong in a Cage” Art Installation to Promote Sustainability

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Ecobank Nigeria has unveiled a new art installation titled "Kong in a Cage" by artist Toyeeb Ajayi. The installation, made entirely from recycled materials,...

Africa Poised for 4.2% GDP Growth in 2025, Driven by Services...

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The Brookings Institution has projected that Africa's economy will experience robust growth in 2025, with GDP expected to reach 4.2 percent. This positive outlook...

AfDB President and Vice President Named Among New African’s 100 Most...

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Dr. Akinwumi Adesina, President of the African Development Bank (AfDB), and Hassatou Diop N’Sele, Vice President for Finance, have been recognized among the 100...

Africa Finance Corporation Receives AAA Credit Rating

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Africa Finance Corporation (AFC) has received a prestigious AAA domestic credit rating with a stable outlook from China Chengxin International Credit Rating Co. Ltd....

Lagos Employers Face January 31st Deadline for Annual Tax Returns

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The Lagos State Internal Revenue Service (LIRS) has issued a reminder to all employers in the state to file their annual tax returns for...

Enterprises Prioritize Revenue Growth and Cybersecurity in Digital Transformation, GSMA Intelligence...

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A new report from GSMA Intelligence reveals that enterprises are increasingly prioritizing revenue growth and cybersecurity as key objectives within their digital transformation strategies. The...

Nigeria’s GDP Rebase Expected to Boost Services Sector Contribution

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The Nigerian economy is set to undergo a significant re-evaluation with the impending release of a revised Gross Domestic Product (GDP) data. This exercise,...

Nigerian Banks Navigate Recapitalization and Regulatory Scrutiny Amidst Economic Headwinds

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The Nigerian banking sector experienced a period of significant transformation in 2024, navigating a challenging landscape marked by rising interest rates, economic uncertainty, and...