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Business and Economy

Dollar Supply Surges by 180% as Banks Sell $440 Million in NAFEM

In the official foreign exchange market, the supply of dollars witnessed a significant increase, rising by 180.59% to $440.13 million on Friday. Amid a...

Nigeria records hike in active voice, internet subscription by – NCC

By Joyce Remi-BabayejuNigeria has successfully recorded a hike in it's active voice and internet service subscription, and a drop in teledensity , latest Nigerian...

BusinessDay Holds First Annual Solid MineralS Conference

By Othuke EvrohThe First Annual Solid Minerals Conference of BusinessDay Media Ltd, was held on Tuesday, at Hawthorn Suites, Area 11, Garki, Abuja.The...

Abuja Bureau De Change Operators,Shut Down Operations Over Dollar Scarcity

By Nathaniel SamuelAbuja Bureau De Change otherwise known as BDC Operators have announced the closure of their business in the capital city indefinitely...

A’Ibom consumes 80% of adulterated petroleum products – WTAPMAN

By Ogenyi Ogenyi UyoAbout 80,% of Premium Motor Spirit (PMS), alias petrol, and other petroleum products consumed in Akwa Ibom state are adulterated by...

President Biden commends A’Ibom man for philanthropy, nation building

By Ogenyi Ogenyi,UyoAn indigene of Uyo in Akwa Ibom State, Mr John Bassey has won the commendation of the President of United States...

Our Desire Is To Lift Benue People Out Of Poverty Line, Says Deputy Governor

Benue State Deputy Governor, Barr Sam Ode, has expressed the desire of Governor Hyacinth Alia's administration to lift the people of the state out...

CBN Implements Restrictions on Crypto Bank Account Withdrawals

The Central Bank of Nigeria (CBN) has introduced measures restricting cash withdrawals from accounts opened for virtual and digital assets transactions. According to the...

Nigeria Joins Global Efforts for Enhanced Connectivity at WRC-23

At the culmination of the World Radiocommunications Conference (WRC) 2023, Nigeria has formally endorsed the Final Act WRC-23, marking a significant milestone in the...

Domestic Borrowing Surges by 134%, Reaches N52 Trillion

By Daniel EduThe total domestic debt stock has seen a staggering increase of 133.95%, reaching N51.96 trillion by the end of 2023, according to...

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