Business
UBA, DEG Rolls Out $50m Loan for Nigerian SMEs
United Bank for Africa (UBA) Plc, and Deutsche Investitions- und Entwicklungsgesellschaft mbH, the German Development Finance Institution, have signed a...
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Naira Slopes Further at I&E Window Amid Dollar Supply Shortage
Naira depreciated against the US dollar on Tuesday to close at N411.50 to a dollar, representing a 0.1% loss compared...
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Lagos’ Uber, Bolt Drivers Plot To Switch To Indigenous Alternatives
The Professional E-Hailing Drivers and Private Owners Association (PEDPA) in Lagos, yesterday, disclosed that it had entered into a partnership...
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Donald Trump calls Bitcoin ‘a scam against the dollar’
Former US President Donald Trump has told Fox Business that he sees Bitcoin as a "scam" affecting the value of...
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Naira Sinks To N502 Per Dollar at Black Market
The naira took a low blow, as it depreciated against the US dollar on Friday at the parallel market to...
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CBN Raises Forex Allocations to Banks
The Central Bank of Nigeria (CBN) is set to raise the amount of foreign exchange allocated to banks to satisfy...
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Naira Falls Below N500 In Parallel Markets, Lowest Since 2017
The woes of the Naira continued, yesterday, as it slumped to its lowest level at the parallel market crossing the N500...
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Chinese Govt To Launch Digital Currency Lottery
The Chinese government is set to launch another digital Yuan lottery to help its ongoing digital currency trials, happening in...
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Standard Chartered Bank Gears Towards European Crypto Exchange
United Kingdom's multinational banking and financial services firm, Standard Chartered Bank, is moving to launch a cryptocurrency exchange platform. Consequently,...
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NIWA Partners With Police To Safeguard Cargo Shipment From Lagos To Onitsha
The National Inland Waterways Authority (NIWA) has said that it is collaborating with the Nigeria Police to ensure seamless movement...
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