Is the Federal Government selling off Nigerian universities to foreignersFemi Otedola lends support to Dangote, calls him “God SentNationwide Protest : Ooni, others urge organisers to embrace dialogueBenin Monarch Urges Delay of Planned Nationwide ProtestJUST IN: Tragedy strikes, as building collapses at Arowojobe Estate, Maryland, Lagos, claiming three lives
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Category: blog
USD/NGN exchange rate appreciates massively
The Naira appreciated massively against the dollar upon resumption of trading at the official market on Monday. FMDQ data showed that the Naira appreciated to N1500.32 to the dollar on…
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9mobile Takes Another Giant Step, Appoints New Chief Financial Officer
The Board of Directors of Emerging Markets Telecommunication Services Limited (EMTS), operating as 9mobile, has announced the appointment of seasoned business and finance professional; Abolaji Idowu as the new Chief…
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Nigeria’s FX reserves hit $34.7bn
Nigeria’s foreign exchange reserves have reached a high of $34.7bn, according to data obtained from the Central Bank of Nigeria’s website on Sunday. This represents an increase of $110m from…
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How FBN Holdings’s Gross Earnings Soared by 181% in the First Quarter
FBN Holdings grew gross earnings by 181.43 per cent to N1.60tn in the first quarter of 2024. In a statement on Sunday, the group noted that the better-than-expected performance underscored…
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Former MTN Boss, Adrian Wood Returns To Nigeria To Lead Ntel As New CEO
The former Chief Executive Officer of MTN Nigeria, Mr. Adrian Wood, has returned to the Nigerian telecoms sector as the new CEO of ntel, the telecoms company that emerged from…
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Ecobank Unveils New Trade Hub to Connect Intra-Africa Traders
Vibrant financial institution, Ecobank Nigeria has restated its commitment to boost the export potential of locally produced textile, Adire, leveraging the African Continental Free Trade Agreement. The Executive Director of…
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IGP’s alleged irregularities, corruption of police recruitment process diversionary
A fresh row between the police authorities and the Police Service Commission (PSC) broke into the open on Saturday after Police Inspector-General Kayode Egbetokun accused the commission of manipulating the…
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Ecobank Shareholders Plans to Raise $600M in Eurobonds in 2024
The shareholders of Ecobank Transnational Incorporated have given their approval for it to raise N600m in fresh capital raise within one year. This was revealed in the resolutions adopted at…
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Nigeria’s economy’ll hit $1.85tn by 2029, IMF predicts
The International Monetary Fund has predicted that Nigeria’s economy will reach $1.85tn by 2029, in Purchasing Power Parity terms. This forecast suggests a significant growth trajectory for the country’s economy…
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Naira may settle at 1450/$ by Dec, says Fitch Ratings
International credit rating agency, Fitch Ratings has projected that the Nigerian currency, the naira, will end the year at 1,450 to the United States of American dollar. This…
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