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Business - Page 433

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

PZ Cussons Appoints Prof. Ajogwu, Bakrin as Directors

In a strategic move to bolster its board of directors, PZ Cussons Nigeria PLC has appointed two distinguished individuals, each bringing a unique wealth of experience to the table. The decision was made during the board’s meeting on September 4, 2023, and

September 9, 2023

Business·Finance & Economy·News

NACCIMA President Hails Minister’s $14B Investment Success

In a resounding endorsement of Nigeria’s new Minister of Industry, Trade, and Investment, Dr. Doris Uzoka-Anite, Dele Kelvin Oye, Esq., the National President of the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA), expressed unwavering confidence in her ability

September 9, 2023

Top 15 E-Commerce Websites For Online Shopping In Nigeria

Business

How To Start A Profitable E- Commerce Business In Nigeria In 2023

As Nigeria continues to embrace digital transformation, the E- Commerce sector is witnessing unprecedented growth. Starting a profitable E- Commerce business in Nigeria in 2023 can be a rewarding venture, given the increasing consumer demand for online shopping. Here’s a step-by-step guide

September 9, 2023

Business

Top 15 E-Commerce Websites For Online Shopping In Nigeria

In recent years, the digital revolution has transformed the way Nigerians shop. With the convenience of online shopping, consumers can access a plethora of products and services from the comfort of their homes. Nigeria’s E- Commerce landscape has witnessed exponential growth, with

September 9, 2023

Business·Finance & Economy·News

Fitch’s Currency Swap Estimate Rocks Nigeria’s Reserves

Fitch Ratings has shone a spotlight on Nigeria’s currency swaps, estimating them to be worth between $10 billion and $12 billion as of the end of 2022, raising concerns about the country’s net reserve position and external vulnerabilities. The revelation came in

September 9, 2023

Agro-Economy·Business·News·World News

India’s Export Ban Causes 15-Year High in Global Rice Prices

In a surprising turn of events, global rice prices soared to their highest levels in 15 years, causing a stir in international food markets. The Food and Agriculture Organization (FAO) announced the staggering 9.8 percent surge in rice prices in its monthly

September 8, 2023

Business·Finance & Economy·News·World News

Tony Elumelu Urges Indian Investors to Seize Nigerian Opportunities

Heirs Holdings Group Chairman, Tony O. Elumelu C.F.R., urged the Indian private sector to seize the opportunity to invest in Nigeria during the Nigeria-India Presidential Roundtable and Conference on Wednesday, September 6th, 2023, in New Delhi, India. The event was jointly organized

September 8, 2023

Business·Oil & Gas

Agip Staff Protests Oando’s Acquisition Over Labor Law Issues

In a striking protest that shook the oil-rich region of Port Harcourt, employees of the Nigerian Agip Oil Company gathered to vehemently oppose Oando Plc‘s impending acquisition of their company’s facilities. With blockades at the Agip premises, they called upon the highest

September 8, 2023

Business·News

Telecoms Contribution To Nigeria’s GDP Hits 16% – Danbatta

The telecommunications sector’s contribution to the nation’s Gross Domestic Product (GDP) has increased significantly to 16 per cent in the second quarter of 2023. This is according to the data reported by the Nigerian Communications Commission (NCC) based on the computation by

September 8, 2023

Business

How To Safely Use Gas-powered Generators At Home Amid High Fuel Cost

By Isaac Chukwuebuka Chibuife The continued hike in the cost of petrol in recent months, as a result of subsidy removal has forced an increasing number of Nigerians to turn to gas-powered generators as a cheaper alternative. With President Bola Ahmed Tinubu’s

September 8, 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 433

Dollar Rate Drops By N10 In Black Market

PZ Cussons Appoints Prof. Ajogwu, Bakrin as Directors

NACCIMA President Hails Minister’s $14B Investment Success

How To Start A Profitable E- Commerce Business In Nigeria In 2023

Top 15 E-Commerce Websites For Online Shopping In Nigeria

Fitch’s Currency Swap Estimate Rocks Nigeria’s Reserves

India’s Export Ban Causes 15-Year High in Global Rice Prices

Tony Elumelu Urges Indian Investors to Seize Nigerian Opportunities

Agip Staff Protests Oando’s Acquisition Over Labor Law Issues

Telecoms Contribution To Nigeria’s GDP Hits 16% – Danbatta

How To Safely Use Gas-powered Generators At Home Amid High Fuel Cost

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Dollar Rate Drops By N10 In Black Market

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