Business
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CBN Approves Forex Sale to BDCs at ₦1,590 per Dollar
The Central Bank of Nigeria (CBN) has approved the sale of foreign exchange (FX) to eligible Bureau De Change (BDC)operators…
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Starlink Announces 97% Increase in Monthly Subscription Prices for Nigerian Users
Starlink, the satellite internet provider, has announced a hike in its monthly subscription rates for both new and existing customers…
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Emirates Resumes Operations in Nigeria, Lands in Lagos After Two-Year Suspension
Emirates Airlines has officially resumed flight operations in Nigeria after a two-year suspension, with the airline’s flight EK 783landing at…
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Stanbic IBTC Appoints Kunle Adedeji as Acting CEO
Stanbic IBTC Holdings Plc has appointed Kunle Adedeji as the acting Chief Executive Officer (CEO) following the retirement of Demola…
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FG Announces VAT Exemptions for Diesel, LNG, CNG, and Electric Vehicles
The Federal Government has announced value-added tax (VAT) exemptions on several key energy products, including diesel, Liquefied Natural Gas (LNG),…
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Keyamo Hails Return of Emirates Airlines, Promises Competitive Pricing on International Routes
Festus Keyamo, Minister of Aviation and Aerospace Development, has stated that the return of Emirates Airlines to Nigeria will foster…
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CBN Governor Cardoso Defends Naira Float Policy to Restore Exchange Rate Credibility
Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), has explained that the decision to float the Nairain…
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Jumia to Exit South Africa and Tunisia Markets by End of 2024
E-commerce giant Jumia has announced plans to exit its operations in South Africaand Tunisia by the end of 2024 as…
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CBN Governor Cardoso Reaffirms Commitment to Developing Future Leaders in Finance and Social Sciences
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has emphasized the Bank’s commitment to nurturing the…
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Nigeria’s Foreign Exchange Inflows Reach $57 Billion by August 2024, Says CBN
Nigeria’s foreign exchange (FX) inflowsreached an impressive $57 billion by August 2024, according to a report from the Central Bank…
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