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Nigeria Tightens Rules for Courier Companies Using Prepaid Imports

Nigeria’s customs authority has introduced new rules for courier companies that handle imported goods under a system where duties are paid before delivery, Prime Business Africa reports. The Nigeria Customs Service said the changes affect companies operating under the Delivered Duty Paid

January 13, 2026

Business

A 10-Year Old May Become World’s Youngest To Retire As Multimillionaire

Pixie Curtis, 10 years old, Australian girl is fast on her way to becoming the youngest person in the world to retire a multimillionaire as her toy company made over $140,000 in its first month of operation. Reports say, Curtis currently has

January 11, 2022

Business

Associated Press Diversifies, Set To Launch Blockchain Marketplace For Photojournalists

The number one American news agency, the Associated Press, has indicated interest in the new blockchain industry. With its latest announcement to partner a blockchain technology company, Xooa, the AP is set to launch a marketplace where its photojournalists can sell digital

January 11, 2022

Business

Standard Chartered To Shut Down 50% Of Nigerian Branches – Report

Standard Chartered Plc is planning to close 50 percent of its branches in Nigeria to embrace digital banking, according to a report by Bloomberg. The report read that Nigerian subsidiary started closing down some offices in December and may drop it from

January 11, 2022

AMA News·Business

Epson and Usain Bolt ink partnership to promote cartridge-free printing

East / West Africa, January 10th, 2022 -/African Media Agency(AMA)/- Epson has announced a partnership with Usain Bolt, the world’s fastest man, across the Europe, Middle East, Africa, and Russia (EMEAR) region, where Bolt will be the face of a brand awareness campaign

January 11, 2022

Business

IMF Asks Nigeria To Devalue Currency Further, Gives Reasons

The International Monetary Fund (IMF) has asked Nigeria to devalue its currency and raise benchmark interest rate in preparation for the Fed policy tightening. The IMF disclosed this in a blog post titled, ‘Emerging Economies Must Prepare for Fed Policy Tightening,’ on

January 11, 2022

Business

Sanwo-Olu Takes Major Decision To Resolve Lagos Nurses’ Crisis

Lagos Governor Babajide Sanwo-Olu has met the State Council of the Nigerian Association of Nurses and Midwives to resolve the plight of the health workers. Sanwo-Olu pledged that the government’s sincerity in the implementation of all that was agreed on, to the

January 10, 2022

Business

Nigerian Billionaire Plots To Unseat Dangote As Richest Man

The chairman and CEO of BUA Group, Abdul Samad Rabiu has become the second richest billionaire just after Aliko Dangote in less than 24 hours. The ranking of Nigerian richest billionaire changed hands when the BUA boss unseated Nigerian telecom mogul, Mike

January 10, 2022

Business

Osinbajo To Represent Buhari At ECOWAS Summit In Ghana

An emerging report has noted that Vice-President Yemi Osinbajo will represent President Muhammadu Buhari at an extraordinary summit of the Economic Community of West African States (ECOWAS) in Ghana. The report was contained in a statement released on Sunday by Laolu Akande,

January 10, 2022

Business

Investors Withdraw from Nigerian Market As Capital Importation Falls By $4.08bn

Latest statistics obtained from NBS have shown that foreign investors seemed to have quit the Nigerian market as capital importation dropped by $4.08bn (N1.68tn) in one year According to data from the National Bureau of Statistics, between January and September 2020, total

January 10, 2022

CBN Owes Goldman Sachs, JP Morgan $7.5bn, Releases Financials Amid Probe

Business

CBN Says FG Spends $1.68bn On Food Imports In Nine Months

The federal government, according to a report by the Central Bank of Nigeria, spent $1.68bn on food importation from January to September last year. The CBN’s report on sectoral utilisation of foreign exchange for the third quarter of 2021 read that the

January 8, 2022

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Nigeria Tightens Rules for Courier Companies Using Prepaid Imports

Nigeria’s customs authority has introduced new rules for courier companies

Behind the Geregu Power Sale: Politics and a $750m Deal

The sale of Geregu Power, one of Nigeria’s largest electricity

Recapitalisation: UBA Extends Deadline For Rights Issue

UBA Hits Billion-Naira Milestone: Rights Issue Success Pushes Capital Base Above ₦500bn

United Bank for Africa (UBA) has successfully concluded its rights

GivTrade Secures UAE SCA Category 5 Licence

GivTrade, an international multi-asset brokerage providing access to global markets

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Business - Page 720

Nigeria Tightens Rules for Courier Companies Using Prepaid Imports

A 10-Year Old May Become World’s Youngest To Retire As Multimillionaire

Associated Press Diversifies, Set To Launch Blockchain Marketplace For Photojournalists

Standard Chartered To Shut Down 50% Of Nigerian Branches – Report

Epson and Usain Bolt ink partnership to promote cartridge-free printing

IMF Asks Nigeria To Devalue Currency Further, Gives Reasons

Sanwo-Olu Takes Major Decision To Resolve Lagos Nurses’ Crisis

Nigerian Billionaire Plots To Unseat Dangote As Richest Man

Osinbajo To Represent Buhari At ECOWAS Summit In Ghana

Investors Withdraw from Nigerian Market As Capital Importation Falls By $4.08bn

CBN Says FG Spends $1.68bn On Food Imports In Nine Months

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Uganda Polls: Bobi Says Optimistic of Winning Amid Alleged Violence

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Abuja Lawyer’s Death: Family Contradicts Police Over ‘One-Chance’ Robbery

Tambuwal: Nigerian Elections Often Don’t Reflect Voters’ Will, Competence Must Lead

Nigeria Tightens Rules for Courier Companies Using Prepaid Imports

Behind the Geregu Power Sale: Politics and a $750m Deal

UBA Hits Billion-Naira Milestone: Rights Issue Success Pushes Capital Base Above ₦500bn

GivTrade Secures UAE SCA Category 5 Licence

Uganda Polls: Bobi Says Optimistic of Winning Amid Alleged Violence

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