Business
J.P. Morgan Plans Nigeria Merchant Bank Before End Of 2026
J.P. Morgan is planning to establish a merchant bank in Nigeria, with operations expected to begin before the end of 2026, subject to regulatory approval.
The Nigerian National Petroleum Company, NNPC, Limited recorded cumulative revenue of N28.54 trillion in the first eight months of 2026, with revenue rising by 21.1 per cent month-on-month to N3.74 trillion in August.
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J.P. Morgan is planning to establish a merchant bank in Nigeria, with operations expected to begin before the end of 2026, subject to regulatory approval.
Business
Nigeria’s economy grew by 4.2 per cent in the first half of 2026, while increased revenues gave states greater room to expand infrastructure spending, according to the World Bank’s latest Nigeria Development Update.
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The Federal Government has again cautioned against calls for the return of the petroleum subsidy, saying the country would be worse off if the policy were reversed.
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Nigerian software developer and creator of the viral Nigerian browser game Lagos Life, Shalom Rayhamen, has said the game is valued at $1 billion, dismissing a reported $100,000 offer for the game as too small..
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The Federal Government says the country is willing to open its gas fields for meaningful investments as it continues in its bid to expand national gas consumption and bridge the gap between resources and the industries, power plants, businesses and households that need them.
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The Federal Government has again defended removing the fuel subsidy, saying the essential commodity would have cost at least ₦2,000 per litre.
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The Federal Government has reformed Nigeria’s trade negotiation framework to strengthen coordination, improve evidence-based decision-making and ensure better representation of the country’s economic interests in international trade negotiations.
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Stocks Drop And Oil Rises As Hormuz Hopes Fade
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The Federal Government has commissioned a 581kWp interconnected solar mini-grid to provide electricity to about 13,000 residents of Oke-Oyi community in Kwara State.
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Dangote Petroleum Refinery has increased the gantry price of Premium Motor Spirit (PMS), popularly known as petrol, by ₦85 per litre.
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The Nigerian National Petroleum Company Limited has introduced self-service fuelling at selected NNPC Retail stations, allowing motorists to purchase petrol without waiting for station attendants.
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The Central Bank of Nigeria (CBN) has elevated terrorism financing supervision to a current supervisory priority as part of efforts to strengthen safeguards against the abuse of the financial system by illicit actors.
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Edo committee sets Sept 20 deadline for sachet gin dealers
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Drivers, cooks, traders can own refinery shares – Dangote
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Chairman of Zenith Bank Jim Ovia and Chairman of Heirs Holdings Tony Elumelu are among other financial experts attending the historic Dangote Refinery Initial Public Offering signing ceremony holding in Lagos on Monday.
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Businesses suffer as FG’s domestic borrowings surge 90% to N24.7trn
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Dangote Petroleum Refinery gets SEC's approval for N2.15tr IPO
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Amaechi: Electricity consumers react as Atiku vows to scrap Band A tariff, restore full subsidy
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NSIA saves Nigeria $200m in medical tourism
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“HALL OF FAME EDITION.” : TINUBU GOVERNMENT TO CELEBRATE PEOPLE AND THEIR EFFORTS: 2026 NIGERIA INTERNATIONAL TRADE FAIR DEDICATED TO PEOPLE AND BRANDS THAT SUSTAINED TRADE FAIR, OJO COMPLEX .
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International Trade Fair, Honoring Hall of Fame, Young African Talents Must Be Drafted Into Government Think Tank, Says Emudiaga C. Esegine
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NNPCL increases fuel price
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Dangote deploys real-time driver monitoring system
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NIWA partners Parts Central to end indiscriminate dumping on waterways
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How Barr. Vera Safiya Ndanusa Has Transformed the Nigeria Trade Fair Complex Lagos, Nigeria — Since assuming leadership as Executive Director of the Nigeria Trade Fair Complex, NTF, Erelu Barrister Vera Safiya Ndanusa, NPOM, FCIArb, has been on a mission to reposition the complex as the premier hub for commerce, exhibitions, and tourism in West Africa.
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Egypt announces multi-billion dollar agricultural investment program
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African startups raise record $5 billion in first half 2026
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Eight West African countries launch common currency for regional integration
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Nigerian fintech startup expands operations to 10 African countries
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Ethiopia's manufacturing sector booms with new industrial parks and investment
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African women entrepreneurs lead business growth and innovation across the continent
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The Invest in Africa 2026 Trade Expo & Business Summit has brought together visionaries, investors, entrepreneurs and policymakers under the theme "Unlocking Africa's Trade, Investment and Industrial Growth."