Business
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TAJBank reports 433% PBT in 2021 financial year
TAJBank Limited, one of Nigeria’s leading financial institutions and the second non-interest bank, recorded more milestones in its second year…
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CBN takes interest rate up to 13 percent
The Central Bank of Nigeria (CBN) has raised the interest rate in the country to 13 per cent, showing an…
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Elon Musk lost $10 billion in net worth in a single day after sexual misconduct claims emerged
The world’s richest man, Elon Musk became $10 billion poorer in just a single day after claims of sexual misconduct…
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Naira notes will be out of circulation soon, says CBN official
The Central Bank of Nigeria has urged Nigerians to embrace the eNaira as the physical currency will soon be out…
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Naira battered further by U.S. dollar
The Naira, on Wednesday, exchanged at 419.25 to the dollar at the Investors and Exporters window, compared to 418.50 traded…
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Dollar hits N600 at parallel market
The dollar was exchanged at N600 at the parallel market on Monday, May 16, 2022. In Uyo, currency dealers exchanged…
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Nigeria’s inflation rate rises to 16.82%
Nigeria’s inflation rose to 16.82% in April 2022, according to the Consumer Price Index report released by the National Bureau…
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Airline operators announce flight disruptions over scarcity of aviation fuel
The Airlines Operators of Nigeria (AON) have told Nigerians to be prepared for flight disruptions due to a growing scarcity…
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Petroleum Minister, Sylva withdraws presidential bid
Chief Timipre Sylva, Minister of State for Petroleum, has withdrawn from the presidential race in the All Progressives Congress (APC)…
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“Captain Jamil is no longer a pilot at Azman Air” Airline distances self from son of former IGP after he said “the punishment for blasphemy is death”
Azman Airline has distanced itself from Captain Jamil Abubakar and a tweet he shared following the killing of a Christian…
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Nigeria’s e-payment transactions grew by N330tr in 2021, a 66% increase – CBN
The Central Bank of Nigeria (CBN) has revealed that electronic transactions in Nigeria increased by 66 per cent year-on-year to…
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Elon Musk puts $44 billion Twitter deal ‘temporarily on hold’
The world’s richest man, Elon Musk has put his deal to buy Twitter on hold, albeit temporarily. The Tesla CEO…
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SGF directs Emefiele, heads of Agencies, others with political aspiration to resign
President Buhari has ordered the resignation of Godwin Emefiele, governor of the Central bank of Nigeria (CBN), head of agencies…
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Fuel queues in Abuja are a tip of the iceberg – Petrol marketers alert Nigerians
Nigerians have been asked by the Independent Petroleum Marketers Association of Nigeria to prepare for the worst fuel crisis. IPMAN…
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Lubeck Capital drags UK Visa seeker to court over alleged N5m theft
The Management of Lubeck Capital Limited has dragged a customer and prospective United Kingdom Visa seeker, Daniel Onwuchekwu, 32, before…
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