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Benue shuts down 12 unlicensed hospitals

  The Benue State government has shut down 12 unlicensed medical facilities across Buruku, Ushongo, and Kwande Local Government Areas in the state It warned citizens against patronising unlicensed hospitals and clinics, describing it as a “su!cide mission”. On Thursday ...

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Wema Bank Concludes ₦150 Billion Rights Issue with CBN & SEC Approval, Surpasses Regulatory Capital Requirement

  Wema Bank Concludes ₦150 Billion Rights Issue with CBN & SEC Approval, Surpasses Regulatory Capital Requirement LAGOS, NIGERIA – 10th September 2025 – Wema Bank PLC (Bloomberg: Wema NL) (“Wema” or “the Bank”) announces completion of N150billion Rights Issuance ...

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Just In: FG Removes 5% Telecom Tax On Voice Calls And Data

  The Federal Government has revoked the 5% excise tax previously imposed on telecommunications services in Nigeria, a move expected to ease cost pressures for millions of mobile users   The tax, which was intended to apply to both voice ...

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UPDATED: Blackout as national grid collapses

  The national grid suffered a collapse on Wednesday. This was confirmed in a public notice dated September 10, 2025, by the Abuja Electricity Distribution Company in a post on its X handle on Wednesday. According to AEDC, the power ...

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Naira rises to N1,530/$ in parallel market

  The Naira yesterday appreciated to N1,530 per dollar in the parallel market from N1,535 per dollar last week Thursday   But, the Naira depreciated to N1,513 per dollar reaching a new level in the Nigerian Foreign Exchange Market (NFEM). ...

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No plan to implement 5% fuel surcharge – FG

  The federal government has dismissed reports of a planned 5 per cent surcharge on fuel, assuring Nigerians that no such measure is under consideration Speaking to journalists on Tuesday in Abuja, the Minister of Finance and Coordinating Minister of ...

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NUPENG declares nationwide strike

  The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has declared that its members will embark on a nationwide strike starting Monday, September 8, 2025, over what it described as anti-union labour practices tied to the use of ...

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Mr Beast offers to buy from Nigerian artist

  American YouTuber and philanthropist MrBeast has extended an offer to purchase a pencil artwork created by Nigerian artist Ifure Usen The artwork gained MrBeast’s attention after the artist skillfully drew an image of MrBeast, his fiancée, and two kids ...

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FIRSTBANK LAUNCHES FIRSTMONIE MERCHANT SOLUTION TO ADVANCE DIGITAL PAYMENTS ACROSS NIGERIA

  FIRSTBANK LAUNCHES FIRSTMONIE MERCHANT SOLUTION TO ADVANCE DIGITAL PAYMENTS ACROSS NIGERIA   Lagos, 3 September 2025 – FirstBank, the leading financial institution and provider of financial inclusion services in West Africa, has officially launched its FirstMonie Merchant Solution. This innovative ...

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NAFDAC seals illegal herbal plant

  The National Agency for Food and Drug Administration and Control (NAFDAC) on Friday sealed an illegal herbal medicine production facility in Kaduna State The affected facility, known as SHIFA’UNNUR, is located in Mararaba Jos, Igabi Local Government Area of the state. ...

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Diaspora inflows hit $600m monthly – Cardoso

  Nigeria’s diaspora remittances surged by 200 percent to $600 million in the past two months The Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, who revealed this yesterday also said that Nigeria’s foreign exchange profile is witnessing a ...

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FIRSTBANK’S ₦1 TRILLION DIGITAL LOAN DISBURSEMENT MILESTONE AND THE NEW ERA OF INCLUSIVE LENDING IN NIGERIA

  FIRSTBANK’S ₦1 TRILLION DIGITAL LOAN DISBURSEMENT MILESTONE AND THE NEW ERA OF INCLUSIVE LENDING IN NIGERIA   For decades, Nigeria’s credit system posed significant challenges for small businesses and low-income earners, who often struggled to qualify for loans. Traditional ...

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Dangote tops list of Richest Black people in the world

  Nigerian industrialist Aliko Dangote has once again been named the richest Black billionaire in the world, leading Forbes’ 2025 list of 23 Black billionaires with a net worth of $23.9 billion As founder and chairman of Dangote Cement, Africa’s ...

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