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Business · Leadership News ·
N1.35trn Power Cost, N3.53trn Raw Material Imports Choking Nigerian Manufacturers – MAN
The Manufacturers Association of Nigeria says manufacturers face pressure from electricity costs totalling N1.35 trillion and raw material imports worth N3.53 trillion. The headline identifies these expenses as significant constraints on Nigerian manufacturers but provides no further details about the period covered or the association’s proposed response.
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Business · Leadership News ·
CBN Rate Cut Triggers Yield Slump As Investors Chase Long-term Securities
The Central Bank of Nigeria’s rate cut has triggered a decline in yields, while investors pursue longer-term securities. The headline points to a shift in investor demand toward longer-dated instruments amid the change in monetary policy.
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Business · BusinessDay ·
M&A must not become a tax minefield
The headline warns that tax issues should not make mergers and acquisitions difficult or unpredictable. It points to the need for tax considerations in M&A transactions to be handled clearly, without creating a minefield for businesses involved.
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Business · Leadership News ·
Trading Volume Surges As Stock Market Dips 0.06% In Quiet Sell-off
Trading volume rose as the stock market recorded a modest 0.06 per cent decline in a quiet sell-off. The headline indicates increased market activity alongside a slight drop in share prices, without specifying the stocks or factors behind the movement.
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Business · Vanguard ·
Naira rises to N1,357/$ in parallel market
The naira strengthened to N1,357 per dollar in the parallel market, according to the headline. The figure reflects the reported exchange rate in that market; the headline does not provide further details on the timing, causes of the movement or rates in other markets.
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Business · Leadership News ·
Foreign Customers Pay $8.67m Of $18.84m Power Bill In Q2
Foreign customers paid $8.67 million of the $18.84 million in power bills recorded in the second quarter, leaving $10.17 million unpaid. The headline does not specify the year or provide further details about the customers or billing period.
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Business · Nigerian Tribune ·
Cable counterfeiting: Coleman demands jail terms, stiffer penalties
Coleman has called for jail terms and tougher penalties in response to cable counterfeiting. The headline does not specify the proposed measures, who would enforce them or further details about the issue.
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Business · Leadership News ·
Federal Govt, Lagos Govt Collaborate On 24-hour Electricity Supply
The Federal Government and Lagos State Government are collaborating on efforts to provide round-the-clock electricity supply. The headline does not specify the measures, timeline or areas that would benefit from the initiative.
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Business · Leadership News ·
Abia Positioned For Global Economic Attraction – Otti’s Aide
An aide to Otti says Abia is positioned to attract global economic interest. The headline provides no further details about the state’s strategy, the sectors involved or any specific investment plans.
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Business · ThisDay ·
Bloomberg: Nigeria Emerges Biggest Climber, Jumps 4 Places to 8th Most Investable African Economy
Bloomberg ranked Nigeria as Africa’s eighth most investable economy, after the country climbed four places. The headline identifies Nigeria as the biggest climber in the ranking, indicating a notable improvement in its relative position among African economies.
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Business · ThisDay ·
IMF/W’Bank Meetings: FG Moves to Mobilise Investment Opportunities in Thailand
Nigeria’s federal government is taking steps to mobilise investment opportunities in Thailand in connection with the IMF and World Bank meetings. The headline does not specify the sectors targeted or the details of the government’s plans.
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Business · ThisDay ·
Abubakar Kyari: Nigeria Can’t Afford Fragmented Agriculture Policies
Abubakar Kyari says Nigeria cannot afford disconnected or inconsistent agricultural policies, highlighting the importance of a coordinated approach to the sector. The headline does not provide further details on the policies involved or the steps proposed.
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Business · ThisDay ·
$10bn Investment Puts Ogun, NNPC Partnership and Long-Delayed OGLNG Project at Centre of Emerging Coastal Economy
A $10 billion investment is placing Ogun State, its partnership with NNPC and the long-delayed OGLNG project at the centre of an emerging coastal economy, according to the headline.
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Business · Nigerian Tribune ·
AHCN unveils 740,000-mass housing initiative, targets 148,000 units annually from 2027
The Association of Housing Corporations of Nigeria (AHCN) has unveiled a mass housing initiative targeting 740,000 homes. It plans to deliver 148,000 units annually from 2027, according to the headline.
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Business · Leadership News ·
Shareholders Bear N45.8bn Losses As Regulators Shut Down 8 Listed Firms
Shareholders have borne losses totalling N45.8 billion following the shutdown of eight listed firms by regulators. The headline does not specify which companies were affected or the reasons for the regulatory action.
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Business · Nigerian Tribune ·
Keyamo reveals source of $500m Lagos airport reconstruction fund
Keyamo has disclosed the source of the $500 million earmarked for reconstruction work at Lagos airport. The headline does not specify who is providing the funds or give further details about the project.
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Business · Nigerian Tribune ·
Personal loans hit N2.06trn as Nigerians borrow to cope with rising costs
Personal loans in Nigeria have reached N2.06 trillion as people borrow to cope with rising costs. The headline highlights the scale of borrowing and its link to households’ efforts to manage increasing expenses, without providing further details about the loans or the borrowers.
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Business · Vanguard ·
Beyond diversification of ports
The headline signals a discussion of issues extending beyond the diversification of ports, but it does not specify which additional concerns, proposals or developments the article addresses.
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Business · Nigerian Tribune ·
How overlapping budgets are causing delay in capital projects implementation —Experts
Experts say overlapping budgets are contributing to delays in implementing capital projects. The headline points to concerns about how budget periods coincide, but provides no further details about the projects affected or the experts’ proposed solutions.
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Business · Nigerian Tribune ·
NRS seals Kaduna Electric HQ over unpaid taxes
The Nigeria Revenue Service (NRS) has sealed the headquarters of Kaduna Electric over unpaid taxes. The headline does not specify the amount owed, the period covered or whether the company has responded to the action.