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November 11, 2026 - 6:21 AM

Business

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DMO Projects Nigeria’s Debt Service at 71.7% of Revenue by 2030

Nigeria’s debt service burden is projected to consume 71.7% of Federal Government revenue by 2030, exceeding the Debt Management Office’s recommended threshold of 50%...

CBN’s January 2027 Data Deadline Puts Banks and Fintechs Under Pressure

Nigerian banks and fintechs are increasingly under pressure to localize their payment transaction data to meet the Central Bank of Nigeria’s (CBN) compliance date...

Ribadu Meets Saudi Arabia’s Vice Foreign Minister to Strengthen Bilateral Ties

The National Security Adviser (NSA), Mallam Nuhu Ribadu, has met with Saudi Arabia’s Vice Minister of Foreign Affairs, Waleed Elkhereiji, in Riyadh to review...

Naira Slips to N1,350.45/$ at NFEM as November Losses Continue

The naira continued to weaken against the US dollar, closing at N1,350.45 on the Nigerian Foreign Exchange Market (NFEM) on November 5. According to data...

NGX Industrial Firms Spend N820.7bn on Energy as Costs Rise

Listed industrial companies on the Nigerian Exchange spent N820.7 billion on fuel and power in the first nine months of 2026, reflecting a 6.3...

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