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November 11, 2026 - 4:12 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%...

UN, EU, Germany Rally Investors to Rebuild Borno Economy

The United Nations (UN), European Union (EU), German Government and other international development partners have pledged support for efforts to attract private sector investment...

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...

CBN Sets ₦15bn Capital Requirement for Dollar Stablecoin Issuers, ₦10bn for Naira Tokens

The Central Bank of Nigeria (CBN) has introduced new capital requirements of ₦15 billion for dollar-denominated stablecoin issuers and ₦10 billion for naira-denominated token...

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...

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