FG plans $10bn to stabilise naira, eyes NNPCL for forex
President Bola Tinubu has assured Nigerians and investors that there is an ongoing plan to boost the country’s foreign exchange
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BUSINESS
Reps invite CBN gov for lifting forex ban on toothpicks, others
The lifting of the ban on foreign exchange for 43 items by the Central Bank of Nigeria may ruin local
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Nigerian fintech, Kippa, shuts down offline payment product
Nigeria’s fintech firm, Kippa, has announced its decision to discontinue its offline payment solution, KippaPay. This payment solution allows users
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Nigeria’s inflation jumps to 24.08% in July — NBS
Nigeria’s headline inflation jumped to 24.08 per cent in July 2023, the National Bureau of Statistics has revealed. This is
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Customs to launch compliance traders platform
The Nigeria Customs Service has unveiled a platform for authorised economic operators for compliance traders. A statement by the National
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Higher Food, Commodity Prices Raise Inflation to 22.79%
•Severe in Lagos, Ondo, Kogi, others •Food inflation may worsen as Russia ends black sea grains deal •Let’s keep hope
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Nigerian banks operating costs higher than other countries – MPC member
A member of the Monetary Policy Committee, Adeola Adenikinju, has said Nigerian banks operating cost is higher than other countries
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Price hike to ensure survival — POS operators
The Association of Mobile Money and Bank Agents in Nigeria has said the recent increase in service charges was to
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Nigeria, Angola now Africa’s biggest oil drilling markets – Report
Nigeria has caught up with Angola in the drilling of crude oil, as both nations are now the biggest crude
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Lekki port receives first transshipment vessel
The management of Lekki Deep Seaport has announced the arrival of Rimbaud, the first transshipment vessel to call at the
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