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November 12, 2026 - 1:46 PM

Business

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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...

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%...

Naira Slides to N1,364/$ as Pressure Builds in Foreign Exchange Market

The naira lost ground against the US dollar on Wednesday November 11, 2026, losing N10.50 to close at N1,364/$ from N1,353.50/$ the previous day...

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...

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...

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