Shortly after he was appointed the Administrator of Rivers State by President Bola Tinubu following the declaration of State of Emergency in the state, photographs of the new Administrator, Vice …
The Economy
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NEWS & PUBLIC ECONOMY
BREAKING: Tinubu declares state of emergency in Rivers for 6 months; suspends Fubara, RSHA
by The Economyby The EconomyFollowing the lingering political crisis in Rivers State, culminating in an impeachment move against the state governor, Siminalayi Fubara and greeted by oil pipeline vandalisation by militants suspected to supporters …
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MANAGEMENT
SIFAX reaffirms commitment to gender inclusion at 2025 International Women’s Day event
by The Economyby The EconomySIFAX Group has reaffirmed its commitment to gender inclusion and leadership advancement with a high-level International Women’s Day (IWD) 2025 event, themed “Beyond Glass Ceilings: Breaking Boundaries, Redefining Success.” Held …
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NEWS & PUBLIC ECONOMY
Nigerian govt got N402.3bn tax revenue from Dangote in 2024 — Chiejina
by The Economyby The EconomyAfrica’s largest indigenous conglomerate, Dangote Industries Limited, (Dangote Group), has disclosed that it paid over N402 billion in taxes in 2024, making it the highest taxpayer in the country. Dangote’s …
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CAPITAL MARKET
UBA experiences unusual trade volume, records 2.7% early morning price rise
by The Economyby The EconomyUBA Plc on Friday trended positively in the equities market with share price uptick of 2.7% during early trading hours in Nigerian stock market. The Pan African lender share price …
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MONEY MARKET
Over-subscription: CBN rejects N1.2trn from OMO, Treasury Bills bids
by The Economyby The EconomyNigeria’s attractive short-term investment options continue to attract local and foreign investors into the financial market. Institutional investors, local banks, and asset managers’ appetite for fixed income assets maintained an …
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NEWS & PUBLIC ECONOMY
Ex-governor in EFCC net over alleged embezzlement of N700bn
by The Economyby The EconomyAn immediate past governor of one of the rich South-South states has been arrested by the Economic and Financial Crimes Commission (EFCC) over alleged N700 billion fraud. The Nigerian Economy …
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AGENCIES
ICPC lauds NAMA over ethics, anti-corruption performance index
by The Economyby The EconomyThe Independent Corrupt Practices and Other Related Offences Commission (ICPC) has commended the Nigerian Airspace Management Agency (NAMA) for putting in place necessary structures and processes which promote efficiency and …
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The Central Bank of Nigeria (CBN) has issued new guidelines restricting Bureau de Change (BDC) operators to purchasing foreign exchange from a single authorised dealer per week. According to Dmarketforces …
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AGENCIES
MARAN hails Okaga’s appointment as Technical Adviser to Minister of Blue Economy
by The Economyby The EconomyThe Maritime Reporters Association of Nigeria (MARAN) has hailed the appointment of Dr. Charles Okaga as Technical Adviser to the Minister of Marine and Blue Economy, Adegboyega Oyetola. The President …