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Analysts Project 43% Upside for Zenith Bank as Valuation Rises

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The Business NG

Zenith Bank Plc gained strong strong upward momentum in the equities market, lifting its market capitalisation to N1.98 trillion following improved investor sentiment and bullish target upgrades by top investment firms.

The bank's share price climbed to N48.25, pushing its market value up by N35 billion. Trading data from the Nigerian Exchange (NGX) showed that 17.94 million Zenith Bank shares valued at N862.2 million were exchanged, reflecting increased demand from institutional and retail investors.

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Taraba, Abia Lead States with Most Abandoned Government Projects

New data released by civic monitoring organisation Tracka has shown that Taraba State recorded the highest rate of abandoned government projects in Nigeria in 2025, with 30 per cent of public projects left uncompleted.

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Atiku, Makinde Meet IBB Behind Closed Doors in Minna

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Lagos and Abuja Housing Costs Soar, Tenants Struggle as Rents Outpace Salaries

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Foreign Investors Flock to Nigerian Eurobonds as Yields Tighten

Foreign investors are increasingly targeting African Eurobonds, with Nigeria emerging as a top beneficiary.

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Market Volatility Hits First HoldCo as N748bn Impairment Sparks Sell-off

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CBN Moves to Stabilise Naira, Buys $72m as Foreign Dollar Inflows Rise

The Central Bank of Nigeria (CBN) has stepped into the foreign exchange market to stabilise the naira after the local currency recorded strong gains against the United States dollar.

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Nationwide Protests, Election Boycott Loom Over Senate's Stance on Electoral Act

The Nigeria Labour Congress (NLC) has raised the alarm over potential nationwide protests and the possibility of boycotting upcoming elections, citing confusion and contradictory positions by the Senate on amendments to the Electoral Act.

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Kogi Government Temporarily Closes Markets and Motor Parks to Support Security Operations

The Kogi State Government has ordered the temporary closure of markets and motor parks across Kogi West Senatorial District to assist ongoing security operations targeting terrorists, bandits, and other criminal elements.

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Nigeria Saves Nótrn from Reduced Fuel Imports in Nine Months — NMDPRA

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Naira Dips to N1,366 as Dollar Demand Edges Up, Reserves Hit $46.8 Billion

The Nigerian naira weakened against the US dollar on Thursday, with the official spot rate closing at 1,366.05/US$, a depreciation of 7.77 from the previous 1,358.28/US$ reported by the Central Bank of Nigeria (CBN).

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1 min

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