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Group Hails NNPCL-Chinese Refinery Deal, Urges Swift Action on Warri, Port Harcourt Plants

Group Hails NNPCL-Chinese Refinery Deal, Urges Swift Action on Warri, Port Harcourt Plants

The Niger Delta Ethnic Nationalities Youth Leaders Forum (NDENYLF) has welcomed the Nigerian National Petroleum Company Limited (NNPCL) partnership with Chinese firms to revive the Warri and Port Harcourt Refineries, describing it as a decisive break from past failed rehabilitation efforts.

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Nigeria Unveils Reforms to Unlock AfCFTA Digital Trade Potential

Nigeria Unveils Reforms to Unlock AfCFTA Digital Trade Potential

The Federal Government has stepped up efforts to prepare Nigerian digital enterprises to leverage opportunities under the African Continental Free Trade Area. It has also rolled out macroeconomic reforms, regulatory measures and market integration strategies aimed at broadening cross-border digital commerce across the continent.

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CBN Withdraws Operating Licenses of 46 Microfinance Banks for Breaching Regulation

CBN Withdraws Operating Licenses of 46 Microfinance Banks for Breaching Regulation

The Central Bank of Nigeria has withdrawn the operating permits of 46 microfinance banks nationwide. The apex bank attributed the decision to several regulatory breaches, such as failure to meet minimum capital requirements, insolvency, prolonged inactivity, and non-commencement of operations after licensing.

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