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Banks Borrow N360.19bn From CBN In 1 Week

23.08.2025
  Nigeria’s interbank market witnessed heightened activity for the week that ended yesterday, Friday, August 22, as deposit money banks ramped up borrowings at the Central Bank of Nigeria’s (CBN) Standing Lending Facility (SLF), even as the overnight (OVN) lending rate eased on the back of robust liquidity injections. The Standing Lending Facility (SLF) is...
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North Feels Marginalised Under Tinubu –ACF

23.08.2025
…says Second Term not automatic for president Despite the seemingly overbearing posture of the ruling All Progressives Congress (APC) and the impression in some quarters that the coast is clear for President Bola Ahmed Tinubu, ahead of the 2027 presidential election, the Arewa Consultative Forum (ACF) has noted that, a second term is not automatic...
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FG Secures $238 Million Loan From JICA

23.08.2025
  The Minister of Power, Chief Adebayo Adelabu who was part of the national delegation during the Ninth Tokyo International Conference on African Development (TICAD 9) in Yokohama, Japan held high-level engagements with Japanese stakeholders said the federal government delegation had discussion, which focused on transmission infrastructure, operational efficiency, and strategies to reduce system losses....
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Recapitalisation Deadline: Banks On Course To Meet Target

23.08.2025
Financial analysts have stated that banks are on course to meet the deadline of March next year set by Central Bank of Nigeria to meet recapitalisation. The Managing Director of Jaiz Bank PLC, Nigeria’s pioneer non-interest bank, Dr Haruna Musa, provided insights on the bank’s strategies for meeting the CBN recapitalisation threshold. Though CBN’s recapitalisation...
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Pension Managers Eye Broader Investments for N24tn Fund

23.08.2025
Players in the Nigerian pension industry have called for regulatory guidelines that would enable them to invest in export-orientated businesses, toll roads, real estate and high-growth unlisted companies so as to boost returns. According to a Bloomberg report on Thursday, this call comes as high inflation and currency depreciation erode value for the contributors to...
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Nigeria’s Cash Transfer Reaches Only 36% of Households

23.08.2025
Since October 2023, only 36 per cent of targeted households have benefited from the conditional cash transfer programme launched by the Federal Government to cushion economic hardship for vulnerable Nigerians. According to the latest mid-year report published by PwC, most of the beneficiaries have received the cash transfer once since 2023. The programme was relaunched...
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UN Climate Expo Calls for Urgent Adaptation Financing

23.08.2025
The United Nations, at the 2025 annual climate adaptation event in Lusaka, Zambia, has made an urgent call for scaled-up investment to save lives, lift living standards and boost economic growth. NAP Expo 2025 focused on strengthening countries’ capacity to advance National Adaptation Plans ahead of COP30 in Brazil and closing the financing gaps that...
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AGOA Trade Pact Still Active, Nigerian Exporters Reassured

23.08.2025
The Nigerian-American Chamber of Commerce has reassured Nigerian exporters that the African Growth and Opportunity Act remains in force despite uncertainty over its expiration timeline. Chairman of the Trade and Investment Committee of the NACC, Grace Adeyemo, explained that the scheme, which grants duty-free access to over 6,800 products from Sub-Saharan Africa into the United...
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I apologise for saying no heaven without tithe – Adeboye

04.10.2024
The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

04.10.2024
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Man who asked Tinubu to resign admitted in psychiatric hospital

04.10.2024
The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...

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