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IMF says Nigeria must raise revenue, fix budget to support growth

Nigeria, July 8 -- The International Monetary Fund (IMF) says Nigeria must raise more domestic revenue, improve its budgeting process, and expand cash transfers to lift millions out of poverty, despit... Read More


CBN clarifies $50 non-resident BVN charge

Nigeria, July 8 -- The Central Bank of Nigeria (CBN) has clarified that Nigerians living in the country are not required to pay any fees to obtain a Bank Verification Number (BVN), following public co... Read More


AMCON lists Silverbird's Abuja Mall for sale over Murray-Bruce debt

Nigeria, July 5 -- The Asset Management Corporation of Nigeria (AMCON) has listed the Silverbird Entertainment Centre in Abuja for sale to recover a longstanding multi-billion naira debt linked to a f... Read More


IMF hails Nigeria's economic reforms, says growth projected at 3.4% in 2025

Nigeria, July 3 -- The International Monetary Fund has projected that Nigeria's economy will grow by 3.4 per cent in 2025, following gains from key economic reforms and stronger investor confidence. ... Read More


MTN signs roaming agreement with 9Mobile

Nigeria, July 2 -- MTN Nigeria has signed a three-year national roaming agreement with 9Mobile, allowing subscribers of the smaller operator to access MTN's network infrastructure across the country. ... Read More


Japaul Gold reshuffles board, gets new chair

Nigeria, July 2 -- Japaul Gold & Ventures Plc has announced a major board reshuffle, appointing Segun Oloketuyi as chairman, Francis Ekeng as non-executive director, and confirming David Dawson as man... Read More


Bank CEOs donate relief items to Niger flood victims

Nigeria, June 30 -- A group of Nigerian bank executives, under the Body of Bank CEOs, has donated relief materials to flood victims in Niger State, following recent floods that displaced thousands of ... Read More


TAJBank declares dividend as assets rise 84% in 2024

Nigeria, June 30 -- TAJBank Limited has declared a 20 kobo per share dividend for the 2024 financial year, marking the third time it has paid shareholders since it began operations five years ago. Th... Read More


Tinubu seeks stronger support for Afreximbank

Nigeria, June 28 -- President Bola Tinubu on Friday urged African countries to strengthen their support for Afreximbank and adopt a continent-wide local currency trade platform to reduce dependence on... Read More


PPP projects renegotiated, not cancelled - ICRC DG

Nigeria, June 27 -- The head of Nigeria's infrastructure regulatory body has said that no Public-Private Partnership (PPP) contracts have been cancelled since President Bola Tinubu assumed office in M... Read More