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JUST IN: CBN Cuts Interest Rate to 26.5%

JUST IN: CBN Cuts Interest Rate to 26.5%   The Monetary Policy Committee (MPC) of the Central Bank of Nigeria has reduced the Monetary Policy Rate (MPR) to 26.5 per cent, marking the second rate cut in five months. The decision was announced on Tuesday by the...

Dangote Refinery to List Shares for Nigerians in 5 Months

Aliko Dangote has announced that ordinary Nigerians will be able to buy shares in the Dangote Refinery within the next four to five months, as the company prepares for listing.

Capital Market Contribution to GDP Now 33% – SEC

Nigeria’s capital market now contributes 33% to GDP, with total market capitalisation rising to ₦123.93 trillion, up 125% from ₦55 trillion in April 2024, according to the Securities and Exchange Commission (SEC).

FG Commits 5% of GDP to Industrial Financing

The Federal Government has pledged to commit 5% of Nigeria’s GDP annually to industrial development financing, under the newly launched Nigeria Industrial Plan.

NSIA, JICA Launch $50m Fund for Nigerian Startups

The Federal Government has launched a $50m Impact Innovation Fund to support Nigerian startups tackling social challenges, following agreements signed between the Nigeria Sovereign Investment Authority (NSIA) and the Japan International Cooperation Agency (JICA).

“Invest in Media, Not Just Places of Worship” — Pantami Urges Northerners to Address Strategic Communication Gap

“Invest in Media, Not Just Places of Worship” — Pantami Urges Northerners to Address Strategic Communication Gap Renowned Islamic scholar and cybersecurity expert, Professor Isa Ali Ibrahim Pantami, has issued a strong call to Northerners and Muslim community to prioritise strategic investment in the media...