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CATEGORY

Business and Economy

Banks and Listed Companies Fined N125 Million for Late Filings

By Daniel EduSeveral banks and 18 other listed companies in Nigeria have collectively been fined N125 million for failing to meet the deadlines for...

GDP grew by 2.51% in Q2 2023 lower than 2022-NBS

By Joy Amachi The Gross Domestic Product (GDP) growth rate in real terms grew by 2.51% in the second quarter (Q2) of 2023 on a...

Mastercard To End Crypto Card Partnership With Binance

Mastercard (MA.N) and crypto exchange Binance will end their four crypto card programmes in Argentina, Brazil, Colombia and Bahrain as of Sept. 22, a...

Nigeria Ranked 11th Globally in Internet Penetration, 7th in Mobile Phone Usage – NCC Reports

By Daniel EduThe Nigerian Telecommunications Commission (NCC) revealed on Thursday that Nigeria holds the eleventh position worldwide in terms of Internet penetration and is...

Foreign Firms Pay Over N1.98tn in Taxes to Nigerian Government

By Daniel EduGoogle, Netflix, Facebook, and other foreign companies operating in Nigeria have collectively paid over N1.98 trillion in taxes to the Federal Government...

Naira Weakens to 920/$ as Fuel Marketers Push for Price Increase

By Daniel EduOil marketers are maintaining their stance on a potential hike in the pump price of Premium Motor Spirit (PMS), commonly known as...

Naira Decline Continues in P2P Market, Reaching as Low as N925/$

By Milcah  TanimuThe Naira has once again experienced a decline in the peer-to-peer (P2P) market, plummeting to N925 against the US dollar on Wednesday...

Ajaokuta Steel Plant Revival Takes Center Stage, Says FG

By Daniel EduShuaibu Audu, the Minister of Steel Development, has emphasized the urgency of reviving the Ajaokuta Steel Company, pledging his dedication to the...

Dangote Cement Nurtures Technical Skills in 23 Kogi Youths

By  Milcah  TanimuDangote Cement Nurtures Technical Skills in 23 Kogi YouthsIn a recent event on Sunday, the Dangote Cement Plc's Obajana Plant in Kogi...

CBN’s Loans to Manufacturers and Power Firms Reach N5.6 Trillion

By Daniel EduThe Central Bank of Nigeria (CBN) has provided a total of N5.6 trillion in soft loans to the power, manufacturing, and aviation...

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