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Browsing: Business & Economy
Governor Babajide Sanwo-Olu of Lagos State has procured additional rolling stock for the Blue Line and Red Line rail operations. These extra rolling stocks, anticipated to…
CBN bans banks, fintechs from international money transfer services, hikes application fee by 1,900%
The Central Bank of Nigeria (CBN) has banned banks and financial technology companies (fintechs) from international money transfer services. This significant development is contained in the…
Naira has recorded a marginal drop at the official market to N1,461.90 per dollar at the first trading day in the month of February 2024. This…
As President Bola Tinubu sets up a committee to decide a new minimum wage for Nigerian civil servants, it would seem worrisome that the country’s rising…
In a marketplace where others falter, BUA Foods stands firm, showcasing resilience and strength, overcoming foreign exchange challenges to achieve impressive results. During the first nine…
Telecommunications company, Airtel Nigeria, said 9.2 million of its customers have submitted their National Identification Number (NIN) for verification ahead of the February 28 deadline issued…
The former world’s richest man, Elon Musk, who owns X, formerly known as Twitter, is extending a plea to advertisers, urging them to return to the…
On Thursday, Vivendi SE’s Canal+ proposed to acquire the remaining shares of MultiChoice Group, the South African pay-TV company, in a deal valued at 46 billion…
Experts have highlighted ways Nigeria and other African countries can increase value-added goods and services in a bid to ramp up economic growth and development. This…
The naira pared some of its recent losses against the dollar on Thursday as markets digested the latest policy decisions from the Central Bank of Nigeria…