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Tingo Mobile gets low risk grade amid harsh operating environment

NIGERIAN credit rating agency, DataPro Limited, has assigned a long-term rating of 'A' with a positive outlook for 2023/2024...
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Economic challenges jack up Dangote refinery’s construction cost 100%

FROM its initial estimated cost of $9 billion, the total cost of constructing the Dangote refinery and petrochemical plant...
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Inflation, MPR, other indicators puncture Buhari’s 8 years administration – Expert

Inflation, monetary policy rate, foreign exchange differentials and shrinking foreign direct investment punctured President Muhammadu Buhari's eight years of...
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‘Why CBN’s aggressive measure failed to curb inflation’

THE Central Bank of Nigeria's (CBN) aggressive method of raising the monetary policy rate has failed to curb inflation...
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FCMB founder Subomi Balogun dies at 89

FOUNDER of the FCMB Group, formerly known as First City Monument Bank, Otunba Michael Olasubomi Balogun, has died aged...
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AfDB approves $15m loan for Nigeria’s infrastructure financing gap

THE African Development Bank (AfDB) has approved a $15 million subordinated loan to Infrastructure Credit Guarantee Company Limited (InfraCredit)...
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