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    Nigerian construction industry to expand by 2.3% in real terms in 2022 as Dangote vows to make its cement a household name

    Nigerian construction industry to expand by 2.3% in real terms this year, which is a relatively sluggish recovery from the 2020 contraction of 7.7%. Although...

    Nigeria’s crude oil production drops to 1.338mbpd as oil nears $90 a barrel

    By Solomon Asowata Lagos, Jan. 18, 2022 Nigeria’s crude oil production dropped to an average of 1.338 million barrels per day in December 2021, the...

    Nigeria’s Equity Market Halts Downtrend as Investors Gained ₦138Billion

    Investors at the Nigeria equity market halt the three consecutive days downtrend with a gain of ₦138 billion from 27 stocks. Consequently, the market index...

    Developing countries face $11bn surge in debt repayments

    The world’s poorest countries face a $10.9bn surge in debt repayments this year after many rebuffed an international relief effort and instead turned to...

    Analysts: Top 5 Nigerian Stocks, Investors Must Look Out For In 2022

    “If you invested in MTN stocks on the 1st of January 2021, you would have made a 15.95% return on price appreciation as of...

    With 2.7% Nigeria’s projected growth, FirstBank convenes economic outlook webinar with deliberations for continued recovery, business impact

    First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider has announced its “Nigerian Economic Outlook Webinar” convened to reflect national...

    Analysts see New Excise Duty on Carbonated Drinks Weakens Consumer Purchasing Power, Expects Consumer’s Shift to Fruit Juice As Alternative

    Analysts see New Taxes weaken consumer to Boost Revenue;... In the just concluded week, the Federal Government stated that, as provided in the 2021 Finance Act, it...

    BUA Foods’ shares jump propels Abdul Samad Rabiu to become Nigeria’s second-richest man

    BUA Foods’ shares jumped more than 10% from N40 ($0.0968) to N44 ($0.1065) as of press time, Jan. 6. The company’s market capitalisation increased to...

    With 245,404 cases only, Nigeria working to develop its own COVID-19 vaccine, president says

    Nigeria is working to develop a COVID-19 vaccine, President Muhammadu Buhari said in a televised interview on Thursday, as the country battles growing cases...

    Adeduntan: CBN’s intervention in FirstBank restored investors, stakeholders confidence in Nigeria’s financial sector

    The Managing Director/Chief Executive Officer of First Bank Nigeria Limited, Dr. Adesola Adeduntan, last year saw his tenure extended as part of efforts to...

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