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Business - Page 738

Dollar Rate Crosses N1,400/$ In Black Market, Rises To N1,387/$ In Official Window

On Wednesday, March 4, the foreign exchange (FX) rate for the United States dollar (USD) increased by N21.65 kobo to N1,409.42 kobo per $1. The dollar rate increased from N1,387.77 kobo per USD recorded on Tuesday, March 3, indicating the naira depreciated

March 4, 2026

Business

Blockchain: All You Need To Know About NFTs Crypto

In reality, digital currencies such as Bitcoin are becoming more and more popular as we launch into a more digitalised society. With the wide penetrating power, many people now believe that cryptocurrencies will eventually replace our traditional paper notes. We all know that

January 11, 2022

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

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Dangote Cement Records 20% Increase in 2025 Revenue

Dangote Cement Plc reported a 20.3 percent rise in revenue

Aston Martin to Cut 20% of Workforce Over Rising Losses

British luxury carmaker Aston Martin has announced plans to reduce

CPPE Warns Nigeria’s $6bn Capital Inflow Surge May Be Fragile Despite Rebound

Nigeria recorded a sharp increase in foreign capital inflows in

Dangote Sugar, Jaiz Bank Shares Decline, Drag NGX Down By N101bn

Ellah Lakes’ N235 Billion Public Offer Falls Flat: Investors to Receive Refunds

Ellah Lakes Plc’s ambitious N235 billion public offer has ended

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Business - Page 738

Dollar Rate Crosses N1,400/$ In Black Market, Rises To N1,387/$ In Official Window

Blockchain: All You Need To Know About NFTs Crypto

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

Featured Stories

Unsung Heroes: Meet 8 Frontline Activists Shaping Nigeria’s Future

Remembering Ambakina Moses Jitoboh

Iran’s Supreme Leader Ayatollah Khamenei is confirmed dead

Israeli PM Claims Khamenei Targeted in Strikes, Fate Remains Unclear

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Tinubu Dispatches Five-Member Team to Represent Nigeria at Jesse Jackson’s Funeral

Tinubu Swears in Disu as Substantive IGP, Backs Police Role in State Police Implementation

Tinubu Suspends Cashless Payment Policy at Nigerian Airports After Traffic Gridlock

President Tinubu Felicitates Former President Obasanjo on 89th Birthday

Dangote Cement Records 20% Increase in 2025 Revenue

Aston Martin to Cut 20% of Workforce Over Rising Losses

CPPE Warns Nigeria’s $6bn Capital Inflow Surge May Be Fragile Despite Rebound

Ellah Lakes’ N235 Billion Public Offer Falls Flat: Investors to Receive Refunds

Tinubu Dispatches Five-Member Team to Represent Nigeria at Jesse Jackson’s Funeral

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