Business

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Naira slumps further, exchanges 1,190/$

Naira slumps further, exchanges 1,190/$

By Peregba Jerry The naira has maintained its downward trend as scarcity of the dollar bites harder, findings by The…
Rights Group wants Sanwo-Olu to reopen Owode Onirin, Mile 12 markets

Rights Group wants Sanwo-Olu to reopen Owode Onirin, Mile 12 markets

By Passman Akpos The Centre for Human and Socio-economic Rights (CHSR) has called on Gov. Babajide Sanwo-Olu of Lagos State…
Banks to embark on new recapitalisation drive soon – Experts

Banks to embark on new recapitalisation drive soon – Experts

By Passman Akpos Experts have expressed optimism that the banking industry would soon embark on new recapitalisation drive owing to…
OPEC Reviews Production Data As Oil Prices Fall By 8% per Barrel

OPEC Reviews Production Data As Oil Prices Fall By 8% per Barrel

The Organisation of Oil Petroleum Exporting Countries, OPEC, Wednesday, reviewed the production data of member states and allies as oil…
Nigeria sets $5bn target for startups

Nigeria sets $5bn target for startups

By Peregba Jerry Nigeria has set a plan to help startups raise their total yearly funding rounds to $5bn by…
CBN Will Use $3bn Loan To Stabilize Economy – NEC

CBN Will Use $3bn Loan To Stabilize Economy – NEC

By Peregba Jerry The National Economic Council on Thursday affirmed that the $3bn emergency loan-for-crude oil the Federal Government secured…
We’re Working To Establish Boko Haram Museum – NEDC

We’re Working To Establish Boko Haram Museum – NEDC

By Peregba Jerry The Managing-Director, North East Development Commission (NEDC), Mohammed Alkali, said they are working closely with the University…
JUST IN: CBN Defers September Monetary Policy Committee Meeting

JUST IN: CBN Defers September Monetary Policy Committee Meeting

By Passman Akpos The Central Bank of Nigeria (CBN) has announced the postponement of its highly anticipated 293rd Monetary Policy…
Crypto Is One Solution To Nigeria’s Economic Challenges” – Chainalysis

Crypto Is One Solution To Nigeria’s Economic Challenges” – Chainalysis

By Peregba Jerry Nigeria’s crypto transaction volume grew year-over-year to $56.7bn, Chainalysis has disclosed. This was a nine per cent…
We’ll invest in small, large enterprises to boost Nigeria’s economy — U.S. Govt

We’ll invest in small, large enterprises to boost Nigeria’s economy — U.S. Govt

By Passman Akpos The U.S. Deputy Treasury Secretary, Wally Adeyemo, says the U.S. government will be investing in small, medium,…
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