FirstBank said that it has successful integrated the Pan-African Payment and Settlement System (PAPSS) into its flagship digital banking platform, the LIT…
Category:
Economy
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Nigerian Communications Commission on Wednesday said that as of August 2025, Nigeria’s broadband penetration stood at roughly 48.81 per cent. NCC chief…
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Private equity firm Appian Capital Advisory and the International Finance Corporation (IFC) have launched a $1 billion fund to invest in critical…
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UN Trade and Development secretary-general, Rebeca Grynspan, says the $31 trillion burden is stifling the development of developing countries. The UN trade…
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Central Bank of Nigeria has assured foreign investors that the government will continue to advance reforms and unlock opportunities for sustainable investment…
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Economy
Nigerian inflation slows to more than three-year in September as food prices ease, CPPE recommends food security to sustain gains
Nigeria’s inflation rate continued its downward trend in September 2025 according to data released by Nation Bureau of Statistics, NBS. The new…
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Economy
IMF raises Nigeria’s 2025 growth forecast to 4.2% in 2026, renewed focus on tracing Illicit Financial Flows to plug fiscal leakages
The International Monetary Fund (IMF) has upgraded Nigeria’s economic growth projection, forecasting a 3.9% expansion in 2025 and 4.2% in 2026. Meanwhile…
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The World Bank Group has outlined a three-part strategy focused on improving conditions, reforming policies, and unlocking private-sector potential to facilitate job…
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Nigeria’s total public debt has climbed to N152.40 trillion as of June 30, 2025, up from N149.39 trillion at the end of…
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In its latest creditworthiness update, Fitch Ratings affirmed Nigeria’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘B’, with a stable outlook. Nigeria’s…
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Foreign Portfolio Investors (FPIs) requiring naira to stake bets in Nigerian markets and the fixed income and equities market helped strengthen the…
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Qatari investors have pledged a $300 billion foreign direct foreign investment into key sectors of the nation’s economy. They gave the commendation…
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The Economic Commission for Africa (ECA) says it is intensifying efforts to amplify Africa’s voice in global policy discussions while supporting member…
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The executive chairman of the Kano State Internal Revenue Service (KIRS), Kano State Internal Revenue Service says the agency is targeting higher…
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Over 140 million Nigerians now have access to the internet, representing a broadband penetration rate of 48.81 percent as of August 2025.…