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By Henry Umoru ABUJA — The Pan Niger Delta Forum (PANDEF), the apex socio-political body of the South-South geopolitical zone, has declared seven days of mourning in honour of its leader and elder statesman, Patrick Dele Cole, who died in London at the age of 86. Cole, popularly known as Chief PDC, died weeks after […]
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The Federal Government is targeting $7.1 billion in investments in the sugar industry over 10 years to boost domestic production above two million metric tonnes annually, create 110,000 jobs and save $2.1 billion in foreign exchange annually. The programme, coordinated by the National Sugar Development Council (NSDC), is aimed at reducing Nigeria’s dependence on imported […]
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By Adaobi Abimbola Nigeria has joined the league of nations with globally recognised measurement standards following the signing of the Mutual Recognition Arrangement of the International Committee for Weights and Measures, CIPM MRA, in France. The agreement was signed by the Director-General of the Standards Organisation of Nigeria, SON, Dr Ifeanyi Chukwunonso Okeke, at the […]
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By Yinka Kolawole Nigeria’s manufacturing business activity plunged by about 10 per cent in September 2026, as a contraction in the cement subsector and weakening performance across several industries dragged down the sector’s business index, the Nigerian Economic Summit Group (NESG) has said. The group’s Business Confidence Monitor (BCM) showed that the manufacturing Current Business […]
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The dollar-to-naira exchange rate opened the new trading week on Monday, October 19, 2026, with the official Nigerian Foreign Exchange Market (NFEM) rate around ₦1,333.54 per dollar, according to available exchange-rate data.
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By Emma Ujah, Abuja Bureau Chief For decades, unreliable electricity supply has undermined Nigeria’s industrial growth, forcing businesses to close, driving up production costs and making life increasingly difficult for households. From textile mills in Kaduna, Kano, Lagos and Onitsha to vehicle assembly plants, tyre factories and footwear manufacturers, several once-thriving industries have struggled or […]
The post Electricity: Geometric Power puts Aba ahead of Nigerian cities appeared first on Vanguard News.
By Peter Egwuatu The Lagos Commodities and Futures Exchange (LCFE) is positioning organised commodities trading as a strategic instrument for promoting transparent petroleum pricing, strengthening competition and improving investment decisions in Nigeria’s evolving downstream petroleum market. Following its recent licence from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to facilitate the trading and […]
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NGX dropped further Week-on-Week, WoW, amid selling pressure across sectors despite the fourth consecutive month of decline in headline inflation rate
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Senator Rabiu Musa Kwankwaso, vice-presidential candidate of the Nigeria Democratic Congress, NDC, has ruled out withdrawing from the 2027 presidential race in favour of the African Democratic Congress, ADC, declaring that the opposition party offers no better alternative to the ruling All Progressives Congress, APC.
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The Benue State Emergency Management Agency (SEMA) says it has spent more than N160 million on the treatment of snakebite victims between March and September as part of efforts to provide healthcare services to Internally Displaced Persons (IDPs) and the vulnerable in the state.
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