Economy
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CBEX Ponzi Scheme Rakes Nigerians of over N1.3trn after crash
By Victor Akan Scores of Nigerians have lost over N1.3 trillion to a digital investment platform, CBEX, following its sudden…
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The richest female shareholders on the Nigerian Stock Market 2025 Q1
As Nigeria’s capital market closed the first quarter of 2025 on a bullish note, a number of influential women stood…
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AfDB approves $100m for Nigerian Youth Entrepreneurship Investment Bank
By Emmanuel Afonne The African Development Bank (AfDB) says it has approved $100 million for the establishment of the Nigerian…
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Inflation unexpectedly cools as consumers brace for Trump tariffs
Consumer prices unexpectedly eased last month despite growing concern about the re-emergence of inflation sparked by President Donald Trump’s trade…
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We’ve disbursed $50bn into Nigeria in last decade – Afreximbank
The African Export-Import Bank (Afreximbank) says it has disbursed 50 billion Dollars into various sectors of Nigeria in the last…
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Canada hits back at US car tariffs with reciprocal measures
Canada says it has started imposing a 25% tariff on certain vehicle imports from the US, retaliating against a similar…
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Stock market rebounds with N101bn gain
By Taiye Olayemi The Nigerian Exchange Ltd. (NGX) rebounded on Tuesday, reversing several days of bearish trends, with a gain…
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Nigeria’s external debt servicing hits $1.08 billion in Q4 2024 – DMO
Nigeria’s external debt service obligations surged to $1.08 billion in Q4 2024, representing a significant rise from the previous quarter.…
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Stock market declines by N659bn
The stock market opened the week on a negative note, with performance indices showing mixed results. Specifically, the Nigerian Exchange…
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Tariffs: Bitcoin drops below $75,000
Bitcoin has fallen as much as 12% in the past day, falling below the $75,000 threshold. The development comes amid…
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