Business
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Niger State can feed Nigeria, Africa – Peter Obi
Obi insists that the main problem the country has is mismanagement at leadership level, pointing out that Belgium and Ukraine…
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Only 11 states can pay salaries without FG allocation, here’s why
Findings have disclosed that only 11 states in the federation can pay civil servants’ salaries without depending on budget allocations…
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How Glo Aims To Entertain Subscribers With Its New Service
Telecom giant, Globacom has introduced an exclusive comedy service offering a wide range of video content from popular Nigerian comedians,…
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E-Commerce for All: Jumia’s Role in Bridging the Digital Divide
E-commerce today has become as pervasive as universal languages and global trends. Yet, as far-reaching as this commercial phenomenon is,…
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Bitcoin rises after rapid climb to new record
Bitcoin rallied again on Wednesday in volatile trade, while ether jumped almost 10% as crypto mania continued to sweep through…
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NIN-SIM: How to retrieve your barred mobile phone numbers
The Nigerian Communications Commission has warned that the more than 40 million telephone lines, which were barred due to failure…
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Binance to depart Nigerian market amid regulatory conflict
Binance has said it will discontinue all services for Nigeria’s fiat currency, the naira, amid an ongoing regulatory conflict in…
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JUST IN: Ghana Central Bank suspends FX licences of GTB, FirstBank
The Ghana Central Bank has imposed a suspension on the foreign exchange (FX) trading licenses of First Bank of Nigeria…
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Transcorp Power Plc shocks market with early listing on NGX
Transcorp Power Plc, a prominent player in Nigeria’s power generation industry, has surprised the market with its unforeseen early listing…
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Why we disconnected over 40 million telephone lines – telcos
Telecommunications companies report disconnecting over 40 million subscribers for non-compliance with Nigeria’s Subscribers Identification Module and NIN linkage policy, as…
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ICPC probes CBN, OAGF staff over alleged $3.4bn IMF missing loan
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has interrogated two Central Bank of Nigeria (CBN) officials and…
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MTN records 90% loss amid forex crisis
Africa’s telecom giant, MTN Group Ltd., has reported a staggering 90% decrease in its annual profit attributed to the ongoing…
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Oil & Gas : Nigeria gets 60% share of Afreximbank’s $30bn funding
The African Export-Import Bank on Wednesday, disclosed that it has become the largest financier of oil and gas projects in…
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Abuja power supply drops by 250MW as vandals destroy tower
Abuja power supply drops by 250MW as vandals destroy tower The Nigerian Transmission firm, Transmission Company of Nigeria on…
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MPC Meeting: CBN Plans Tough Sanctions for Banks
The Central Bank of Nigeria Governor, Olayemi Cardoso, has vowed to pursue an aggressive regulatory environment to reduce infractions in…
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NEDC to hand over 134 projects to Taraba Govt
The North-East Development Commission (NEDC) has said it will soon hand over to the Taraba State government the 134 projects…
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Energy Supply: FG unveils Light Up Nigeria Programme
Vice President Kashim Shettima, on Monday, unveiled the Light Up Nigeria programme in the South East, aimed at accelerating power…
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IKEDC generates highest revenue in Q3, Q4 2022 -NBS
The National Bureau of Statistics has disclosed that the Ikeja Electricity Distribution Company had the highest electricity revenue for the…
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Oil Production: P’Harcourt Refinery to Produce 2m litres of fuel daily – Minister
The Federal Government on Thursday said the Port-Harcourt Refinery would begin operations by producing two million litres of Premium Motor…
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Nigeria’s GDP grew by 3.46% in Q4 2023 — NBS
Nigeria’s Gross Domestic Product grew by 3.46 percent year-on-year in real terms in the fourth quarter of 2023, the National…
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Senate To Probe Failed Agreements To Produce Prepaid Meters Locally
The Senate has resolved to probe the operations of DISCOs to ascertain the current status of metering and their extent…
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30years Projection: FG To Earn $2.1tn From Zungeru Hydropower Plant Concession
The Federal Government will, for the next 30 years, earn a total of $2.1 trillion for the concession of the…
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Naira Fall: FG seeks $10bn to Stabilise Exchange Rate
The Nigerian Federal Government is planning to raise $10bn to improve liquidity in the foreign exchange market. On Tuesday, the…
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N23trn Ways & Means debt: FG reveal audit plan
The Federal Government has revealed its intent to audit the N23 trillion Ways and Means debt. The Minister of Finance…
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Abuja DisCo to disconnect presidential villa, 86 MDAs over N47bn debt
Abuja Electricity Distribution Company on Monday said it will disconnect electricity in the Presidential Villa and 86 Federal Government’s Ministry…
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Naira Declines To N1,503/$1 At Official Market
The naira on Wednesday declined against the US dollar at the Nigerian Autonomous Foreign Exchange (NAFEM), concluding the day at…
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Access Holdings – Board will announce acting CEO soon
Access Holdings – Board will announce acting CEO soon The board of Access Holdings Plc will soon announce an acting…
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Economic Crisis: CBN’s efforts already yielding results – Cardoso
The Central Bank of Nigeria has stated that its efforts were beginning to yield results to ease the economic situation…
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Bitcoin rises 5% to highest in a month
Bitcoin rose 5% on Friday to its highest in a month, marching back towards the level it reached in January…
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Verified FX Liabilities: CBN Releases $500m To Clear More Backlog
The Central Bank of Nigeria (CBN) has released US$500 million to various sectors to further address the backlog of verified…
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UK retail sales slump points to new risk of recession
British retailers suffered the biggest drop in sales for almost three years during December, raising the risk that the economy…
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Non-oil export revenue dropped to $4.5bn in 2023 – NEPC
Nigeria’s non-oil export revenue recorded a marginal decrease in the value of exports to $4.5bn in 2023. This represents a…
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UK Inflation Unexpectedly Quickens
The Consumer Prices Index accelerated slightly to four percent last month British inflation unexpectedly rose in December, data showed Wednesday,…
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Niger Govt reiterates commitment to leverage private sector to boost economic activities
Niger State Governor Abubakar Sani Bello has reiterated the commitment of his administration to leverage private sector participation in its…
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