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Business and Economy

Nigeria Secures $1 Billion Loan from Afreximbank, Disbursement Set for May

In a significant development, Nigeria is poised to receive a $1.05 billion syndicated loan supported by oil from the African Export-Import Bank in the...

Lagos State Government Cancels Kantagua Market Project Contract

The Lagos State Government has officially terminated its contract with Bridgeway Global Project Limited for the development of the Kantagua Market.Dr. Olajide Babatunde, the...

Strategic Communications Firm Appoints New Chief Operating Officer

Soulcomms, a renowned Strategic Communications and Engagement Agency, has announced the appointment of Ugochukwu Uwajeh as its new Chief Operating Officer.Uwajeh, previously the Group...

Arraignment of Binance Executive Postponed Amid Service Dispute

By Milcah TanimuThe anticipated arraignment of Binance and its official, Tigran Gambaryan, at the Federal High Court in Abuja has been adjourned...

DOLLAR CRASH: Senator Wamakko Urges Trader To Commodity Prices

By Muhammad Ibrahim,SokotoThe leader of APC in Sokoto State, Sen. Aliyu Magatakarda Wamakko has called on marketers and traders in the state and the...

Slowdown in Private Capital Investment in Africa Reflects Global Trends

According to the latest report from the African Private Capital Association (AVCA), Africa experienced a decline in total private capital deal volume for the...

Banks Ready to Meet Recapitalization Deadline, Says ACAMB

The Association of Corporate & Marketing Communication Professionals of Banks (ACAMB) has expressed confidence in Nigerian banks' ability to fulfill the new recapitalization criteria...

Pipeline vandalism: FG may transport crude oil via trucks

The Federal Government has introduced an innovative method for evacuating crude oil, leveraging barges and trucks for transportation from production sites to injection/storage points,...

Food prices won’t drop immediately despite naira appreciation – Economists

Economists have indicated that Nigerians may not see an immediate reduction in commodity prices despite the recent appreciation of the naira against the dollar.Ayo...

CBN Reports Over $1.5 Billion Inflow in Recent Days, Affirming Monetary Policy Success

In a statement released on Friday, the Central Bank of Nigeria (CBN) revealed a significant influx of over $1.5 billion into the Nigerian economy...

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