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Business - Page 434

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·Finance & Economy·News·World News

Apple’s Stock Dips As China Bans iPhones Use By Govt Workers

In an unexpected turn of events, Apple’s shares have experienced a two-day decline after reports surfaced that Chinese government workers have been forbidden from using iPhones. The technology giant’s market valuation has dipped by over 6 per cent, equating to nearly $200

September 8, 2023

Business·News

How to Make Payment on AliExpress from Nigeria in 2023

AliExpress, a popular online marketplace, connects buyers and sellers worldwide, offering a vast array of products at competitive prices. In Nigeria, it has gained immense popularity as a go-to platform for shopping. However, understanding the payment process can be a bit challenging

September 7, 2023

Business·News·World News

Celsius Co-Founder’s Assets Frozen Amidst Fraud Allegations

In a chilling turn of events, former Celsius CEO Alex Mashinsky finds himself in hot water as a court order freezes his bank accounts and properties. The freeze, which includes high-profile institutions like Goldman Sachs and Merrill Lynch, comes in the wake

September 7, 2023

Africa·Business·News·World News

SIBAN Summit 2023: Nigerian Experts Push for Digital Asset Regulation

In a bold move towards shaping the future of digital asset regulation in Nigeria, a cohort of Nigerian digital asset experts recently convened at the Stakeholders in Blockchain Technology Association of Nigeria (SIBAN)’s Digital Assets Summit 2023 in Abuja, Nigeria. Their spirited discussion

September 7, 2023

Business

MonieWorx Encore Campaign Raises ₦260m In 7 Days, Unlocking Needed Capital For SMEs

● MonieWorx is the digital funding portal operated by Obelix 4.1.1 Alternative Finance Ltd. ● MonieWorx leads the securities-based regulation crowdfunding market in Nigeria. ● Seven SMEs raise 260 million in 7 days; MonieWorx® made that possible. MonieWorx, the Securities and

September 7, 2023

AMA News·Business

Bybit Unveils Powerful Passive Income Solutions for Crypto Investors

DUBAI, United Arab Emirates, 7 September 2023 -/African Media Agency(AMA)/- Bybit, the world’s third most visited crypto exchange, has released a lucrative suite of passive income products for new users. To help investors weather tough market conditions, Bybit is offering new users an exclusive

September 7, 2023

Business·Finance & Economy·News·World News

World Bank Urges Nigeria to Increase Public Spending for Infrastructure

In a candid keynote address at the annual banking and finance conference in Abuja, the World Bank Country Director for Nigeria, Mr. Shubham Chaudhuri, underscored Nigeria’s dire need for increased public spending. Chaudhuri made a compelling case for bolstering government expenditures, describing

September 7, 2023

AMCON Threatens To Liquidate Arik Air, Other Firms Over ₦455bn Debt

Business·News·Transport

NAAPE Urges AMCON to Boost Arik’s Fleet for Industry Dominance

In a show of unwavering support, the leadership of the National Association of Aircraft Pilots and Engineers (NAAPE), led by Engineer Mudi Muhammad, made a passionate plea to the Asset Management Corporation of Nigeria (AMCON) to reinforce Arik Air’s fleet, positioning it

September 7, 2023

AfDB Urges Action As Nigeria, African Nations Face $74bn Debt Burden

Africa·Business·News·World News

AfDB Commits $1 Billion In African Youth For Climate Solutions

The African Development Bank (AfDB) has unveiled a $1 billion fund aimed at supercharging climate financing for youth-driven businesses across Africa. This new initiative, dubbed YouthAdapt, is set to transform the continent’s fight against climate change. AfDB President, Akinwumi Adesina, made the

September 7, 2023

Business·News·Sports

Nigeria’s Osimhen Joins Elite List, Makes Ballon D’Or Nominees’ List

Lionel Messi, Erling Haaland, Kylian Mbappe, Mohamed Salah, Kevin De Bruyne and Nigeria's Victor Osimhen top the list of a 30-man list of players named by organisers of the 2023 Ballon D'Or awards on Wednesday, reports Prime Business Africa

September 6, 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 434

Dollar Rate Drops By N10 In Black Market

Apple’s Stock Dips As China Bans iPhones Use By Govt Workers

How to Make Payment on AliExpress from Nigeria in 2023

Celsius Co-Founder’s Assets Frozen Amidst Fraud Allegations

SIBAN Summit 2023: Nigerian Experts Push for Digital Asset Regulation

MonieWorx Encore Campaign Raises ₦260m In 7 Days, Unlocking Needed Capital For SMEs

Bybit Unveils Powerful Passive Income Solutions for Crypto Investors

World Bank Urges Nigeria to Increase Public Spending for Infrastructure

NAAPE Urges AMCON to Boost Arik’s Fleet for Industry Dominance

AfDB Commits $1 Billion In African Youth For Climate Solutions

Nigeria’s Osimhen Joins Elite List, Makes Ballon D’Or Nominees’ List

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