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Coinbase Chief Executive Armstrong Sold $291.8 Million In Shares On Opening Day
Coinbase Chief Executive Brian Armstrong sold about $292 million in shares in total during the cryptocurrency…
Federal Government May Earn N30bn From Cargo Transfer To Onitsha Port, Others
The federal government may have struck gold with the plan movement of cargo from Lagos ports to inland ports across…
Central Bank Of Nigeria Mulls Forex Ban On Sugar, Wheat Importation
The Central Bank of Nigeria (CBN) says it is planning to include sugar and wheat on the list of import items banned…
Federal Government Supporting Private Developers To Provide Electricity – Osinbajo
The Federal Government is currently supporting private developers to provide electricity through solar energy, the…
Govt Begins Commercialisation Of Federal Mortgage Bank
The Federal Government on Thursday announced that it had commenced the process for the full commercialisation of…
Experts Blame Insecurity, Low Production, Forex As Inflation Hits 18.17%
Nigeria’s rate of inflation, which has maintained a continuous increase for more than a year, rose again in March,…
Printed N60bn: Central Bank Nigeria Faults Obaseki, Governor Maintains Stand
The Edo State Governor, Mr Godwin Obaseki, has urged the Federal Government to take urgent steps to end the current…
Controversial Payment: RCCG Petitioner Apologises As Fashola Faces Senate
The Minister of Works and Housing, Mr Babatunde Fashola, on Thursday, explained how his Ministry paid N151m to the…
Nine Power Plants Shut, Federal Government Apologises For Outages
The Federal Government on Thursday said nine power plants were currently shut down, as this was why power outages…
Hong Kong Tycoon Jimmy Lai, Others To Be Sentenced For Illegal Assembly
Hong Kong media tycoon Jimmy Lai and nine other pro-democracy activists are expected to be sentenced on Friday…
Senate Confirms Shaba As NASRDA DG
The Senate on Wednesday confirmed the appointment of Dr. Halilu Shaba as the Director-General of the National Space…
NAIC Pays N1.7bn Claims To Farmers
The Nigerian Agricultural Insurance Corporation (NAIC) said it paid a total of N1.7 billion claims to over 5,000…
PenCom Attributes N58bn Decline In Pension Assets To Market Volatility
The National Pension Commission (PenCom) has attributed the N58 billion decline in total pension assets from an…
Mastercard, Uber Extend Partnership
Uber and Mastercard have extended their partnership with a new strategic initiative focusing on digital payments…
Ganduje Disburses N148m To 1,400 Public Schools
The Kano State Governor, Mr. Abdullahi Umar Ganduje, has commenced the disbursement of N148 million upkeep grants…
How The Pandemic Helped Walmart Battle Amazon Marketplace For Sellers
Between 2009 and 2014, Walmart’s Marketplace business, where outside merchants hawk everything from baby blankets…
Is That It? Markets Relax About Inflation Pop
Just as long-dormant inflation finally rears its head again, there are some signs that financial markets may…
UBA Business Series To Equip SMEs With Performance Management Strategies For…
As part of its commitment to support the growth and sustainability of Micro, Small and Medium-scale Enterprises…
Lagos Muslims To Pay N1.37m For 2021 Hajj
The Lagos State Muslim Pilgrims Welfare Board has said that the least amount to be paid for participation in the…
Pipeline Vandalism Reduced By 37.21% In January – NNPC
The Nigerian National Petroleum Corporation on Tuesday announced a 37.21 per cent decrease in cases of pipeline…
Manufacturing Sector Intervention Fund Now N803bn –CBN
Manufacturing sector’s intervention funds disbursed by the Central Bank rose to N803bn as of February.
Figures…
3,499 CPS Retirees Not Entitled To Pensions In Q4 – PenCom
The National Pension Commission refunded N848.92m to 3,499 retirees under the Contributory Pension Scheme and…
BUA, 27 Others Now Have Active Refinery Licences, Says DPR
The Department of Petroleum Resources said on Tuesday that 28 investors, including BUA Refinery &…
Egypt Impounds EverGreen Ship Over $900 Million Suez Canal Compensation Bill
Egyptian authorities have seized a massive cargo ship which blocked the Suez Canal for almost a week last month,…
France To Open €3.5bn Initiative For SMEs In Nigeria
The French Minister of Foreign Trade and Attractiveness, Franck Riester, had arrived in Nigeria to open the ‘Choose…
BUA’S $300m Sugar Refinery Ready Next Year
BUA Group is working towards unveiling its 10,000 tons cane per day (tcb) sugar refinery in the first quarter of…
Oil Maintains Upward Momentum But Virus Concerns Cap Gains
Crude oil climbed on Wednesday after industry data showed U.S. inventories declined more than expected and OPEC…
World Stocks Hit Record High As Bond Yields Ease
Global stock markets rose to a record high on Wednesday as bond yields eased after data showed U.S. inflation was…
Report: Increased Borrowing May Trigger Structural Reforms in Nigeria
As Nigeria is projected to raise $3 billion this year meet its infrastructure needs, which is expected to increase…
COVID-19 Vaccination Low Turnout Hits States As First Phase Ends April 16…
As the target date given by the federal government for states to end the first phase of COVID-19 vaccination…