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News
Emirates ,Others Write Aviation Minister Over Inability to Repatriate Funds, Plans Reduction in Operations to Nigeria
Many foreign airlines are considering further drastic steps to mitigate the effects of blocked funds in Nigeria, findings by Daily…
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News
Nigerians must avoid FX speculators to save naira, says CBN
The Central Bank of Nigeria (CBN) says Nigerians must avoid dealing with speculators in the foreign exchange (FX) market to…
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News
Siemens Siemens power project: Nigeria to take delivery of mega transformers September, says minister
The federal government says the first batch of mega transformers under the presidential power initiative (PPI) will arrive by September.Abubakar…
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Corporate Scorecards
FCMB’s Half Year Profitability Momentum Raises Bigger Hope for 2022
The financial year 2022, indeed, is heavily loaded with promises of better value for the entire stakeholders of First City…
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Finance & Economy
Investors Lose N281.18bn as NGXASI Dips by 1.04%
Nigerian Equities Market maintained negative posture as sell pressure continues while the key market indicator closes below 50,000 psychological lines.…
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News
US to invest $55m in Nigeria’s agric sector
The United States says it will invest an additional $55 million in Nigeria’s agricultural sector to support food security
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Corporate Scorecards
Operators kick over five per cent telecoms tax implementation
Telecommunications companies yesterday kicked against the implementation of the 2022 Fiscal Policy Measures and Tariff Amendments which provided that they…
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Finance & Economy
Naira in Free falls to N700/$1 at black market
The exchange rate between the naira and the US dollar has fallen beyond the N700/$1 threshold at the parallel market…
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Brands
Firstmonie Agents Transact Over 1bn Transactions, Reinforces FirstBank’s Leading Role in Promoting Financial Inclusion in Nigeria
The Bank’s Firstmonie Agents play a critical role in promoting financial inclusion in the country The Bank currently has over…
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Business
How Excessive Money Supply Drags the largest naira depreciation
CBN's policy of low interest rates accompanied by intervention funds may have triggered massive naira depreciation
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