Business
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TAJBank to launch maiden private sector N100bn Sukuk offering
TAJBank Limited, Nigeria’s leading non-interest bank, is set to launch Nigeria’s first private sector Sukuk offering under a N100 billion…
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FIRS to ask FG to reject loan requests of states owing taxes
The Federal Inland Revenue Service (FIRS) has threatened to initiate a new process of enforcing and recovering unremitted tax deductions…
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FG to convene food security meeting over rising prices
The federal government will be convening a National Food Security Council to address the rising cost of food prices across…
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Court orders interim seizure of Kaduna varsity, hotel, factory, others linked to former Federal Director of Accounts
A Federal High Court sitting in Abuja, on Wednesday, June 1, 2022, ordered the interim forfeiture of every asset of…
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Chinese national sentenced to two years imprisonment for mutilating Naira notes
The Lagos Zonal Command of the EFCC, has secured the conviction and sentencing of one Li Lei Lei, a Chinese…
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Dollar is heading to N1k – Davido raises alarm
Nigerian singer Davido has expressed fear of the dollar exchanging for N1k soon. In a tweet he shared, the singer…
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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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