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Sunday, May 12, 2024
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CATEGORY

Business & Economy

Business & Economy

PoS Agents Frown At CAC’s Registration Mandate

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Some Point of Sale, PoS, agents in the FCT, have frowned at the new directive of the Corporate Affairs Commission, CAC, for them to...
Business & Economy

CBN Releases New Official List Of Licensed Banks In Nigeria

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The Central Bank of Nigeria (CBN) has released the list of licensed Deposit Money Banks operating in the country. Providing insights into the banking landscape...
Business & Economy

Reps Gives Dangote, BUA, Ibeto, Others Given 14 Days Deadline To Reduce Cement Prices

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Dangote Cement, BUA, IBETO, and other stakeholders have been issued a 14-day ultimatum by the House of Representatives Joint Committee to address concerns regarding...
Business & Economy

Sell-offs In NAHCO, Others Drag Market Capitalization Down By N500bn

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Opening the week, the Nigerian Exchange Ltd., NGX, market capitalisation on Monday dropped by 0.89 per cent to close at N55.823 trillion. Specifically, the market...
Business & Economy

Cybersecurity Levy ill-timed, Negates Financial Inclusion Policy – Expert

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A financial expert, Prof. Uche Uwaleke says the newly introduced 0.5 per cent charges on electronic transactions as cybersecurity levy by the Central Bank...
Business & Economy

SERAP Gives Tinubu 48 Hours To Withdraw Unlawful CBN Directive Imposing Cybersecurity Levy On Nigerians

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Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Tinubu to use his "good offices to immediately direct the Central Bank of Nigeria...
Business & Economy

Nigerian Government To Delist Naira From P2P Platforms

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The Federal Government, through the Securities and Exchange Commission, is set to delist the naira from all Peer-to-Peer platforms to reduce the manipulation of...
Business & Economy

Nigeria Joins the Fund for Export Development in Africa

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KIGALI, Rwanda, May 3, 2024 – The Federal Republic of Nigeria has officially acceded to the Establishment Agreement for the Fund for Export Development...
Business & Economy

Maersk Denies $600 Million Investment Deal with Nigeria

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Robert Maersk Uggla, chair of Danish shipping giant A.P Moller-Maersk, has denied signing any $600 million investment deal with the Nigerian government. This comes despite...
Business & Economy

Naira Gains N28.15 Against Dollar

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The Naira on Tuesday closed the month of April on a good footing as it gained N28.15 at the official market, trading at N1,390.96...
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