Business
eNaira Rakes In N188m Worth of Transactions
The Central Bank of Nigeria (CBN) has recorded over 34,000 transactions on the eNaira platform, amounting to over N188 million....
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Emirates Airline: UAE Reacts To FG’s Restriction
Amid the ongoing diplomatic fireworks between Nigeria and the United Arab Emirates, the Emirati Minister of Economy, Abdulla Bin Touq...
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World Bank Nudges FG To Increase Tax on Alcohol, Cigarettes, Others
The World Bank has called on the Federal Government to impose special taxes on alcohol, cigarettes and sugar-sweetened beverages to...
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Nigeria Imports N143.1bn Solid Minerals
Nigeria imported solid minerals worth N143.1bn from January to September this year, data collated from the National Bureau of Statistics...
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Okonjo-Iweala, Mo Abudu Listed Among World’s Most Powerful Women in 2021
Nigeria’s former finance minister and current director-general of the World Trade Organisation, Ngozi Okonjo-Iweala and filmmaker, Mo Abudu, have been...
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Equinix Acquires Nigerian Tech Firm MainOne For $320m
Equinix, a California-based provider of internet and data center services, has announced plans to buy MainOne, the first private company to...
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Naira Drops at Official Market Amid External Reserve Slump
The exchange rate between the naira and the US dollar closed at N415.07/$1 at the official Investors and Exporters (I&E)...
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CBN Pumps $100m Into National Arts Theatre Renovation
The Central Bank of Nigeria (CBN) has shown its support for the $100 million by the Bankers’ Committee meant for...
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Nigeria’s External Reserve Dipped $633m in November Amid CBN FX Intervention
Nigeria’s foreign reserve dipped $633.47 million in the month of November 2021 to close the month at $41.19 billion as...
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UAE Investors Pledge $2bn Fund In Nigeria’s Mining Sector
Investors from the United Arab Emirates have pledged $2bn worth of investments into the Nigerian mining sector as the aftermath...
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