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Nigeria news, summarised

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The Punch

Eurobond Issuance to Rise in West Africa by 2025, Says EIU Report.

Economist Intelligence predicts increased Eurobond issuance in 2025 due to lower borrowing costs in the West African region, according to a recent report. Lower borrowing costs are expected to encourage more issuances in the coming year.

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The Punch

Traders Seek Justice One Year After POWA Market Demolition

Traders at the Police Officers' Wives Association Shopping Complex in Ikeja, Lagos, are still seeking justice one year after its demolition, with many experiencing unstable economic conditions as a result. The traders were displaced from their stalls when the market was razed by the government.

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The Punch

FG Orders Banks, Telcos to Clear N250bn USSD Debt by June

Nigeria's government has given banks and telcos a six-month deadline to pay a debt of N250 billion related to unstructured short-code services, with the central bank and communications commission issuing a final directive on the matter.

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