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Business · Premium Times ·
North-east governors urge FG to fast-track Mambila hydropower project
Governors in Nigeria’s North-east have urged the Federal Government to accelerate work on the Mambila hydropower project. The headline does not specify the governors’ reasons, the project’s current status or the timeline they are seeking.
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Business · ThisDay ·
Wakanow Travel Platform Attracts Recognition Gets Saudi Ministry
Wakanow, a travel platform, has attracted recognition connected to the Saudi Ministry, according to the headline. The headline does not specify the form of recognition or provide further details about the ministry’s involvement.
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Business · Leadership News ·
Start With What You Have, Entrepreneurs Counsel Trainees
Entrepreneurs have urged trainees to begin working with the resources they already have rather than waiting for more favourable circumstances. The headline does not specify the type of training or the ventures involved.
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Business · Leadership News ·
Power Sector Accidents Rise by 50% As 20 People Killed, 23 Injured in Q2
Power sector accidents rose by 50% in the second quarter, with 20 people killed and 23 injured. The headline reports an increase in accidents and casualties during the period but does not specify their causes or locations.
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Business · Leadership News ·
Adamawa Youths Advised To Embrace Self-employment
Young people in Adamawa State have been advised to consider self-employment. The headline does not identify who gave the advice or provide further details about the reasons, opportunities or support involved.
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Business · Leadership News ·
‘Young Workers Now Work Mainly To Pay Rent, Transport’
The headline highlights the financial pressures facing young workers, saying that many now work mainly to cover rent and transport costs. It points to housing and commuting expenses as central demands on their earnings, without providing further details about the workers or the scale of the trend.
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Business · Leadership News ·
10 Brokers Control 54.84% Of Equities Market Turnover, Pull N8.3trn in 9months
Ten stockbrokers accounted for 54.84% of equities market turnover over nine months, with transactions totaling N8.3 trillion. The figures indicate that more than half of the market’s recorded trading activity was handled by these brokers during the period.
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Business · BusinessDay ·
Ethica Resolve, PremierHub court Indian firms to hire iDICE graduates
Ethica Resolve and PremierHub are seeking to engage Indian companies to recruit graduates of iDICE, indicating an effort to connect programme participants with employment opportunities.
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Business · BusinessDay ·
Recapitalised banks lift lending but high rates dampen demand
Recapitalised banks are increasing lending, but high interest rates are limiting demand for loans. The headline points to a mixed outlook for credit: banks are extending more financing, while borrowing costs are discouraging customers from taking it up.
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Business · Premium Times ·
Shettima flags off women’s business support fund in Katsina as govt approves additional N4bn
Vice President Kashim Shettima has launched a women’s business support fund in Katsina, while the government approved an additional N4 billion for the initiative. The headline does not specify the fund’s beneficiaries, terms or implementation timeline.
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Business · Nairametrics ·
Nigeria Revenue Service raises alarm over fake recruitment exercise
The Nigeria Revenue Service has raised an alarm over a fake recruitment exercise, drawing attention to fraudulent hiring activity associated with the agency. The headline does not provide further details about the exercise or the Service’s response.
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Business · BusinessDay ·
Lagos govt urges developers to build sustainable, climate-proof estates
The Lagos government has urged property developers to build estates that are sustainable and able to withstand climate-related risks. The call places emphasis on incorporating environmental considerations and resilience into estate development.
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Business · Leadership News ·
DisCos Miss Targets in Q2, Record N129.07bn Revenue Loss—NERC
Nigeria's electricity distribution companies (DisCos) fell short of their second-quarter targets, NERC reported, recording a combined revenue loss of N129.07 billion during the period.
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Business · Nairametrics ·
Nigeria hits 73% financial inclusion target, but 60.4 million adults remain vulnerable
Nigeria has reached its 73% financial inclusion target, but 60.4 million adults remain financially vulnerable. The headline highlights a gap between achieving the overall inclusion benchmark and ensuring that a large number of adults have adequate financial security.
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Business · Nairametrics ·
Naira breaks below N1,500 against Euro, the first time since April 2024
The naira has strengthened against the euro, with its exchange rate moving below N1,500 per euro for the first time since April 2024, according to the headline.
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Business · Leadership News ·
Banks Lose Appetite For State, LG Funds As 75% CRR Limits Lending
Banks are becoming less willing to take deposits from state and local governments, as a 75 per cent cash reserve requirement limits how much of those funds they can use for lending. The headline indicates the requirement is reducing the funds’ appeal to banks.
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Business · Leadership News ·
11 Stocks Drive N5.36trn Gain As Mineral-focused Lender Rallies 56% In September
Eleven stocks accounted for a combined N5.36 trillion gain, while a lender focused on the mineral sector rallied 56 per cent in September. The headline does not specify the period or provide further details on the stocks’ performance.
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Business · Leadership News ·
NPA Takes Export Drive To Hinterland, Targets Forex Earnings
The Nigerian Ports Authority is extending its export promotion efforts beyond coastal ports and into the hinterland, aiming to increase exports and boost foreign exchange earnings. The headline does not specify which locations or export sectors are involved.
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Business · BusinessDay ·
From consumption to ownership: What Dangote Refinery IPO can teach us about wealth creation
The piece examines how the Dangote Refinery IPO may illustrate a shift from consumption to ownership, and what that distinction can teach about wealth creation. It focuses on the relationship between owning assets and building wealth.
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Business · BusinessDay ·
Nigeria’s PMI climb: Managers cheer as households wait
Nigeria’s Purchasing Managers’ Index has climbed, prompting optimism among business managers. The headline suggests households have yet to experience the benefits of the improvement, highlighting a gap between stronger business sentiment and conditions for consumers.