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Business - Page 432

Dollar Rate Drops By N10 In Black Market

Over N10 was removed from the foreign exchange rate for the United States dollar (USD) in the black market on Wednesday, December 24. According to Naira Rates, the price for a dollar had depreciated to N1,467.99 kobo per $1, from the N1,477.99

December 24, 2025

Business·News·World News

United Nigeria Airlines Granted Approval for International Flight

In a groundbreaking development for the Nigerian aviation industry, the prominent United Nigeria Airlines has secured the green light to embark on international flight operations. This landmark achievement promises to usher in a new era of connectivity and global travel for the

September 11, 2023

Why NAFDAC Banned Multi-dose Anti-malarial Drug

Business

NAFDAC To Get Global Recognition For Nigerian Herbal Products

The National Agency for Food and Drug Administration and Control (NAFDAC) is taking significant steps to enhance the quality of herbal products, aiming for global recognition and acceptance. This dedicated effort was underscored in a statement released on September 10, 2023, by

September 11, 2023

Business

Top 10 Most Funded Nigerian Startups In 2023

With the constant drive for evolving innovative products and large market potential, Nigerian startups have in the last couple of years continued to attract unprecedented funding from top investors across the world. According to a report by Briter Bridges, a market

September 11, 2023

Business·News

Unity Bank’s N38.9 Billion Loss Amid Forex Revaluation, Eyes Recapitalization

Unity Bank Plc, backed by the Asset Management Corporation of Nigeria (AMCON), has reported a staggering net loss of N38.9 billion for the first half of this year. This comes as a stark contrast to the N1.7 billion net profit recorded just

September 10, 2023

How Nigeria’s FDI Fell By $19bn In 10 Years – Finance Minister

Business·Currency·News

Nigeria’s Finance Minister Promises a Level Playing Field for Global Investors

Speaking to a gathering of Indian investors at the G20 summit in India, Nigeria’s Finance Minister, Wale Edun, affirmed the government’s commitment to removing obstacles that hinder exchange rate and inflation stability for a level playing field for Global investors. In a

September 10, 2023

Business·Finance & Economy·News·World News

Tinubu Holds Crucial Talks with UAE Authorities During Stopover

President Bola Tinubu left New Delhi, India early Sunday morning for Abu Dhabi to meet with the President of United Arab Emirates and other senior government officials to build upon recent discussions between the two nations and address key bilateral issues. UAE authorities

September 10, 2023

Business·News

10 Stockbrokers Flourish Amid Record Market Performance As of August

In an unexpected turn of events, ten stockbroking firms in Nigeria have seen their fortunes surge as they collectively raked in a staggering N18.486 billion in commissions during the first eight months of 2023. This remarkable feat comes on the heels of

September 10, 2023

Blue Economy: Tinubu Appoints New Executive Directors For NPA, NIMASA

Business·Finance & Economy·News

CSOs Applaud Tinubu’s $14bn Pledge for Ajaokuta Steel in India

The CSO Coalition for the Revival of Ajaokuta Steel Company has hailed President Bola Ahmed Tinubu for his dynamic leadership and celebrated the significant strides achieved during his recent visit to India for the G20 World Leaders meeting. The Coalition, consisting of

September 10, 2023

Google Settles Play Store Dispute With $700 Million In U.S

Business·News·Technology

Google Faces £7 Billion UK Lawsuit For Market Dominance, Price Inflation

In a dramatic twist, Google finds itself entangled in yet another legal battle, this time on British shores. A new lawsuit filed in Britain accuses the tech behemoth of stifling competition in the search engine market and driving up prices throughout the

September 10, 2023

Business·News·Technology

Top 10 Nigerian Tech Startups In 2023

Nigeria’s tech startup ecosystem has continued to surge ahead, with innovation at its peak in 2023. The country’s young and tech-savvy population, combined with a growing entrepreneurial spirit, has propelled Nigerian startups into the global spotlight. In 2023, these startups are not

September 9, 2023

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Nigeria Launches N590bn Power Sector Bond to Clear GENCO, Gas Arrears

The Federal Government of Nigeria has issued its debut bond

Dollar Trades Flat In Black Market, Appreciates In Official Window

The dollar traded at N1,487.01/$1 in the parallel market on

Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty

The government of Venezuela has condemned what it described as

Bank of Japan Poised to Lift Rates to 30-Year High as Inflation Pressures Persist

The Bank of Japan (BOJ) is set to raise its

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Business - Page 432

Dollar Rate Drops By N10 In Black Market

United Nigeria Airlines Granted Approval for International Flight

NAFDAC To Get Global Recognition For Nigerian Herbal Products

Top 10 Most Funded Nigerian Startups In 2023

Unity Bank’s N38.9 Billion Loss Amid Forex Revaluation, Eyes Recapitalization

Nigeria’s Finance Minister Promises a Level Playing Field for Global Investors

Tinubu Holds Crucial Talks with UAE Authorities During Stopover

10 Stockbrokers Flourish Amid Record Market Performance As of August

CSOs Applaud Tinubu’s $14bn Pledge for Ajaokuta Steel in India

Google Faces £7 Billion UK Lawsuit For Market Dominance, Price Inflation

Top 10 Nigerian Tech Startups In 2023

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Dollar Rate Drops By N10 In Black Market

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