Newspaper
The Business NG
Nigeria's Economy is Stronger-Cardoso
Nigeria's financial position has improved significantly, thanks to a surge in international trade and stronger banking reforms, the Central Bank of Nigeria (CBN) has revealed.
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BusinessNg
The Business NG
SERAP Sues Akpabio, Abbas Over Missing N18.6bn NASC Office Funds
The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against Senate President Godswill Akpabio and Speaker of the House of Representatives Tajudeen Abbas, over the alleged mismanagement of N18.6 billion intended for the construction of the National Assembly Service Commission (NASC) Office Complex.
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BusinessNg
The Business NG
MPC Meeting: All Eyes on CBN as Analysts Predict Fresh Rate Cut
As Nigeria's Monetary Policy Committee (MPC) prepares to meet on November 24-25, analysts across the financial sector are forecasting another policy rate cut, citing easing inflation, stronger macroeconomic fundamentals, and improved foreign exchange stability. The meeting comes just weeks after the Central Bank of Nigeria (CBN) cut the Monetary Policy Rate (MPR) by 50 basis points to 27%, marking the first rate reduction in nearly ten consecutive policy meetings under Governor Olayemi Cardoso. Stakeholders say this week's meeting will be a decisive test of the CBN's confidence in Nigeria's emerging disinflation trend. Inflation eased to 16.05% in October—down from 18.02% in September—following the CPI rebasing exercise and improvements in food supply, FX liquidity, and general price stability.
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The BusinessNG
The Business NG
More Nigerians Seek Schooling Abroad as Education Crisis Triggers $1.39bn Outflow
Nigeria’s persistent crisis in the education sector has continued to fuel a massive exodus of students to foreign institutions, with new data show-
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The BusinessNG
The Business NG
2026 Tax Reform Triggers Concerns Over Data Privacy, Income Monitoring
Nigeria's new tax framework, set to take effect in January 2026, is stirring debate over the government's ability to access citizens' personal financial data, particularly for remote workers and Nigerians with foreign assets.
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The BusinessNG
The Business NG
Nigeria Launches 2025 Oil and Gas Licensing Round on Dec 1
Nigeria is set to launch its 2025 oil and gas licensing round on December 1, as the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) moves to revive the country's production capacity and attract fresh global investment.
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The BusinessNG
The Business NG
Investors Scramble for N1.23tn T-Bills as Market Signals Yield Peak
Nigeria's Treasury Bills market continued its bullish momentum at the November 19, 2025 auction, with investors submitting an overwhelming N1.23 trillion in bids for the 364-day tenornearly triple the Central Bank of Nigeria's (CBN) N450 billion offer. The aggressive demand signals a clear race by investors to lock in high yields before the expected monetary policy easing cycle begins in 2026.
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The BusinessNG
The Business NG
Court Sentences Nnamdi Kanu to Life Imprisonment for Terrorism
Leader of the Indigenous People of Biafra (IPOB), Nnamdi Kanu, has been sentenced to life imprisonment by a Federal High Court in Abuja after being convicted on all seven terrorism charges filed against him by the Federal Government.
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The BusinessNG
The Business NG
Panic Selloffs, FX Fears Hammer Banking Stocks, ASI Down 3.5%
Nigeria's equities market remained under severe pressure through November 2025, with the All-Share Index (ASI) declining steadily on the back of heavy selloffs in banking stocks.
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The BusinessNG
The Business NG
GDP Debate: Analysts Split on Nigeria's Q3 Performance
As Nigeria prepares to release its Q3 2025 GDP report, analysts remain divided on how the economy performed. Some expect a modest expansion of 3.6%-3.9%, while others forecast a stronger 4.5% growth, building on the 4.23% recorded in Q2.
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The BusinessNG
The Business NG
Nigerians Still Feeling Price Pressures Despite Falling Inflation
Despite Nigeria's headline inflation rate falling to 16.05 per cent in October, the cost of living for ordinary households remains steep, the Centre for the Promotion of Private Enterprise (CPPE) has warned.
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The BusinessNG
The Business NG
PDP Crisis Boils Over in Abuja
•Wike Allies Sacked Makinde, Bala Over 'Anti-Party
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The BusinessNG
The Business NG
Lagos N200b bond Oversubscribed by 55% at N310Billion
•N14.8b Green Bond attracts N29.29Billion or 97.7% over subscription
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The BusinessNG
The Business NG
Healthcare Crisis Deepens: HMO Premiums Spike 59% in One Year
Nigeria's healthcare system is undergoing major financial strain, as escalating drug prices and higher hospital operating costs force Health Maintenance Organisations (HMOs) to implement steep increases in insurance premiums—ranging from 8% to as high as 59% across different plans.
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The BusinessNG
The Business NG
PDP Crisis Deepens as Plateau, Adamawa Governors Reject Wike Expulsion
Tension within the Peoples Democratic Party (PDP) escalated over the weekend as Plateau State Governor Caleb Mutfwang and Adamawa State Governor Ahmadu Fintiri distanced themselves from the party's decision to expel key leaders, including Nyesom Wike, Minister of the Federal Capital Territory (FCT).
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The BusinessNG
The Business NG
Recapitalisation: Bank Rights Issues May Affect Dividend Payouts, Analysts Warn
The ongoing banking sector recapitalisation exercise continues to shape investor sentiment in Nigeria, with market analysts cautioning that recent equity raises could exert short-term pressure on earnings per share (EPS) across the sector.
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The BusinessNG
The Business NG
Reps Order Suspension of WAEC CBT Rollout for 2026 Exams
The House of Representatives has urged the Federal Government to halt the plan by the West African Examinations Council (WAEC) to implement Computer-Based Testing (CBT) for the 2026 West African Senior School Certificate Examination (WASSCE).
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The BusinessNG
The Business NG
FG Suspends 15% Fuel Import Duty, Assures Adequate Supply Nationwide
The Federal Government, through the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), has announced the suspension of the proposed 15% ad-valorem import duty on Premium Motor Spirit (PMS) and Automotive Gas Oil (AGO), commonly known as petrol and diesel.
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The BusinessNG
The Business NG
Food Crisis Looms as Farmers Battle Rising Costs
Naira Strengthens to N1,441 as FX Pressures Ease
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The BusinessNG
The Business NG
Senate Bans Recruitment of Under-18 Soldiers
The Senate has taken a major step to outlaw the recruitment of persons under the age of 18 into Nigeria's military, passing the Armed Forces (Repeal and Reenactment) Bill, 2025, for second reading.
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The BusinessNG
The Business NG
Nigeria Collects N55Trn, Borrows N152Trn in Two Years, SMEs Struggle
Nigeria's fiscal policies over the past two years—from mid-2023 to mid-2025—have revealed a stark imbalance: the government has collected and borrowed massive sums but delivered little to the real economy. While billions flow into federal coffers, the country's productive sectors, particularly small and medium enterprises (SMEs), continue to struggle.
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The BusinessNG
The Business NG
NNPC to Undergo Major Shake-Up to Boost Oil Output
The Federal Government has hinted at plans to restructure the Nigerian National Petroleum Company Limited (NNPC) as part of a broader effort to reverse the country’s falling crude oil production and restore investor confidence in the upstream sector.
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The BusinessNG
The Business NG
Lottery Law Sparks Showdown Between Lagos and National Assembly
The simmering clash between the Lagos State Government and the National Assembly has taken a legal turn, as Lagos moves to commence contempt proceedings against federal lawmakers for allegedly violating a Supreme Court judgment on the control of lottery and gaming in Nigeria.
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The BusinessNG
The Business NG
Investors, Traders Panic as Trump's Threat Hits Market Confidence
●NGX Witnesses Sell-Off, Loses N2.8trn
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The BusinessNG
The Business NG
Parents, Students Panic Over Sudden 2026 WAEC Subject Change
Air Force School Raises Alarm Over New Subjects
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The BusinessNG
The Business NG
Naira Sustains Strength, Trades Below N1,450/$, N1,900/£ in Market Rally
The Nigerian Naira continued its impressive rebound against major foreign currencies this week, maintaining a strong position against the British pound sterling and holding steady against the U.S. dollar at the official market.
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The BusinessNG
The Business NG
Soludo Wins Decisive Victory in Anambra Governorship Election
The Independent National Electoral Commission (INEC) has announced the final results of the Anambra governorship election, confirming a decisive win for Charles Soludo of APGA.
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The BusinessNG
The Business NG
NGX Plans to Extend Trading Hours for Flexible Market Schedule
The Nigerian Exchange Limited (NGX) has proposed amendments to its trading rules to allow greater flexibility in market hours and strengthen liquidity across the capital market.
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The BusinessNG
The Business NG
Tinubu Seeks N1.15 Trillion Domestic Loan to Bridge 2025 Budget Gap
President Bola Tinubu has requested the National Assembly's approval to raise N1.15 trillion through the domestic debt market to fund a shortfall in the 2025 federal budget.
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The BusinessNG
The Business NG
Many Feared Dead, Others Missing as Suspected Herdsmen Attack Ohimini, Benue
Several villagers are feared dead, while many others remain missing following a suspected herdsmen attack on Anwule community in Oglewu, Ohimini Local Government Area of Benue State. BusinessNG gathered that
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