Breaking Business News
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Naira depreciates to N464.42 against Dollar at official exchange market
The Naira declined on Tuesday at the Investors and Exporters window, trading at N464.42 to the dollar, only five days…
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Buhari inaugurates Dangote refinery, says game changer for Nigeria’s economy
Dangote refinery is opened by Buhari, who claims it will revolutionize the Nigerian economy. Dangote Petroleum Refinery has been officially…
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Ahead of May 29 inauguration, Naira falls to 760/$1
The Naira has dropped to N765/$1 with just ten days till the next administration’s May 29th inauguration. On Friday, this…
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Tony Elumelu increases stake in UBA with N560m shares
Tony Elumelu, the chairman of United Bank for Africa (UBA) Plc, has purchased additional shares in order to boost his…
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Otedola speaks on his relationship with Tony Elumelu, Transcorp
Famous Nigerian businessman Femi Otedola claimed that his interest in Transcorp, also known as the Transnational Corporation of Nigeria, was…
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Naira appreciates against US dollar
The Nigerian naira saw profitable trading in relation to the US dollar as it increased on the Investors and Exporters…
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The price of foodstuffs skyrockets in Kaduna due to the Ramadan fast
The cost of food has significantly increased in Kaduna since the Ramadan fast began. The naira redesign fiasco, which caused…
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Ecobank, PZ Cussons, John Holt and one other hit with monetary fine
The Nigeria Exchange Limited (NGX), the country’s capital market regulator, penalized Ecobank Transnational Incorporated, PZ Cussons, and two other businesses…
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Supreme court overturns the naira swap policy, extends old Naira notes validity till Dec. 31
The Supreme Court has ruled that the old N200, N500, and N1,000 notes remain valid and should be in circulation…
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Emefiele: Old N200 immediately available
Godwin Emefiele, the Governor of the Central Bank of Nigeria, has confirmed that he had met with the 15 presidents…
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