Business
Nigeria’s External Reserves Dip By $1bn
Nigeria's minister of Science and Technology, Ogbonnaya Onu has said that Nigeria is implementing efforts to prepare its economy for...
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NNPC To Buy 20% Equity in Dangote Refinery
The Nigerian National Petroleum Corporation (NNPC) is set to acquire a 20% minority equity stake in Africa’s biggest oil refining...
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Airbnb CEO: Business travel won’t ever go back to what it was pre-pandemic
Airbnb CEO Brian Chesky said travel demand is rebounding, but he doesn't expect business travel to ever return to the...
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Naira Nears N500/$1 in Black Markets After CBN Devaluation
The exchange rate between the naira and the US dollar closed at N411.50/$1 at the Importers and Exporters window, where...
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Amazon buys Hollywood studio MGM for $8.45bn
Amazon has agreed to buy the historic MGM studios for $8.45bn (£5.97bn). MGM is one of Hollywood's most famous studios,...
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Crypto: Dubai Launches DubaiCoin, Discourages Paper Cash Circulation
Dubai has unveiled its own digital currency called DubaiCoin with an international starting price of $0.17 per coin, according to...
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CBN Fixes Exchange Rate at N410/$
The Central Bank of Nigeria has officially made the NAFEX Investor & Exporter forex window rate of N410.25 as its...
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Nigeria’s Lending Rate Remains at 11.5% as CBN Drives To Stimulate Economy
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria has retained the Monetary Policy Rate (MPR) at 11.5...
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Nigeria’s Agric Sector Soars in Q1 2021
Nigeria’s agricultural sector grew by 2.28% in real terms in Q1 2021 compared to a growth of 3.42% in Q4...
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Crypto101: Here are the Top 10 Currencies
Cryptocurrencies are here to stay. These virtual currencies have impacted our savings, purchases and investment ecosystem in diverse ways. It...
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