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Payaza Revenue Model Faces Major Risk Amid ₦20 Billion Capital Raise

Payaza Africa Limited, a Nigerian payment solution service provider and international money transfer operator, is in the market to raise N20 billion worth of Commercial Paper, however there’s a...
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Payaza Revenue Model Faces Major Risk Amid ₦20 Billion Capital Raise

Bala Augie -
Payaza Africa Limited, a Nigerian payment solution service provider and international money transfer operator, is in the market to...
Exclusive

Earnings From Associate Firms Lift Royal Exchange Profit

Bala Augie -
Earnings from associate companies are pivotal to Royal Exchange Plc profit growth as the company seeks to be a...
Energy

Abia Acquires 60% Controlling Stake in Enugu Electricity Distribution Company (EEDC)

Bala Augie -
The Abia State Government has concluded negotiations on its plan to acquire 60 percent equity in the Enugu Electricity...
Economy

Nigeria Yields Set to Drop as Inflation Retreats to 18% on Food Price Relief

Bala Augie -
Nigeria inflation continued its downwards march as headline numbers for September 2025 eased to 18.08% from 20.12% in August,...
Companies

Zenith Bank Founder Jim Ovia Reaffirms Commitment to Shareholder Value at NGX Event

Bala Augie -
Zenith Bank Plc's Founder and Chairman, Dr. Jim Ovia, CFR, accompanied by the bank’s Group Managing Director/CEO, Dame Dr....
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FCMB Backs Government’s Food Security Drive With N246 Billion in Agric Lending

Bala Augie -
To ensure food sufficiency, employment, and revenue generation, FCMB Group has disbursed N246.60 billion Agric lending facilities to farmers...
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Nigeria Yields Set to Drop as Inflation Retreats to 18% on Food Price Relief

Nigeria inflation continued its downwards march as headline numbers for September 2025 eased to 18.08% from 20.12% in August,...
Economy

Nigeria Finance Minister Edun’s Role Secure as Presidency Confirms Health Recovery

Bala Augie -
Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, is recuperating in his Abuja home after...
Economy

World Bank: Half of Nigerians Live in Poverty Despite Economic Reforms

Bala Augie -
Poverty has risen steeply in Nigeria even as Africa’s most—populous country undertakes reforms designed to deliver economic growth, according...
Economy

Tinubu Seeks $2.35 Billion External Loan and $500 Million Sovereign Sukuk

Bala Augie -
President Bola Ahmed Tinubu has written to the House of Representatives seeking its approval to raise a total of...
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Tinubu Reforms Averted N70trn Currency Printing, Oyedele Says

Bala Augie -
Without the current reforms of the President Bola Tinubu administration, the government would have printed N70trn of currency through...
Economy

Nigeria Oil Output Drops 16% Amid Three-Day Dangote Strike

Bala Augie -
Nigeria suffered significant crude oil output loss of 283,000 barrels per day after a three-day oil workers’ strike that...

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