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Nigeria’s External Debt Servicing Bill Climbs to $5.21bn in 2025, Claiming 72% of International Outflows
Nigeria channeled approximately $5.21 billion toward servicing its external debt obligations in 2025, representing a sharp 11.9% increase from $4.66...
Showmax’s Costly Gamble: Platform loses $2.50 for Every $1 Earned in Revenue
Showmax, once positioned as Africa's homegrown challenger to global streaming giants like Netflix, has become a stark case study in...
NNPC Logs N385bn Profit in January as Oil Output Climbs to 1.64mbpd
The Nigerian National Petroleum Company Limited (NNPC Ltd.) reported a profit after tax of N385 billion for January 2026, even...
NGX All-Share Index Breaks Historic 197,000 Barrier in Landmark Session
The Nigerian stock market achieved a major milestone today, with the All-Share Index (ASI) surging past the 197,000-point level for...
Naira Settles Back Around N1,400: A Deliberate Sweet Spot for Nigeria’s Economy?
After a promising run that briefly pushed the naira toward levels below N1,300 just weeks ago, the currency has reversed...
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