All posts in: Business
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1 year agoAgain, Naira value depreciates at official market
The Naira recorded mixed trading as it appreciated against the United States Dollar at the Peer-to-Peer (P2P) but closed weaker...
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1 year agoFires Razes Multiple Shops In Ibadan Spare Parts Market
Properties worth millions of Naira have been destroyed as fire gutted the Araromi spare parts market in Ibadan, Oyo State, IGBERETV reports. The fire broke ...
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1 year agoNaira gains on dollar across fx market windows
On Thursday, the local currency outperformed the US dollar across all segments of the foreign exchange (FX) market as demand f...
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1 year agoBanks announce availability of new naira notes in ATMs, but scarcity persists
Commercial banks in the last 24 hours have been sending messages to Nigerians announcing the availability of the new naira notes. In m...
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1 year agoNaira stable across market as cash withdrawal policy takes off
The Naira was relatively stable against the United States Dollar in the different segments of the foreign exchange (forex) market on Monday....
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1 year agoNigeria’s crude oil output drops by 11.6% in 2022
Crude oil production in Nigeria fell by -11.6 per cent (or 163,000 barrels per day) last year to 1.235 million barrels per day (mbpd) in December 2022, as the country ...
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1 year agoNaira depreciates at peer-to-peer, parallel market
The value of the Naira depreciated against the US Dollar at the Peer-to-Peer (P2P) and parallel market wings of the foreign exchange (forex) market on Friday, January 6...
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1 year agoNigeria’s capital market rebounds from losses as NPF, Eterna, others gain N192.7bn
The Nigerian capital market recovered from Thursday’s losses with a 0.69 percent in eq...
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1 year agoNGX: Investors drop N429.7bn amid losses in Airtel Africa, Prestige, others
The equity capitalization in the Nigerian capital market dipped by -1.52 percent at the close of trading on Thursday. This represented a...
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1 year agoNaira value drops further against US dollar
Naira on Wednesday depreciated against the dollar across official and parallel foreign exchange (FX) markets. Nigeria’s FX market resumed for the New Year on Tuesday,...
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1 year agoNGX: BUA Foods, UBA among top gainers as market cap rises by N187.6bn
The Nigerian capital market returned from the New Year break on Tuesday with a 0.6 percent rise in equity capitalization. The figure represent...
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1 year ago"I Am Just Waiting For My Time, I No Longer Enjoy Life" - Businessman Dantata
Successful Nigerian business mogul and philanthropist, Aminu Alhassan Dantata, 91, has revealed that he no longer enjoys life and he is wait...
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1 year agoStock Roundup: Investors trade 860.9m shares worth N16.1bn
Investors in the Nigerian capital market traded 860.933 million shares valued at N16.1 billion in 14,502 deals thi...
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1 year agoWe Don’t Know The Quantities Of New Notes Printed – CBN
Deputy Governor of the Central Bank of Nigeria in charge of Financial Stability, Aisha Ahmad, has said she does not know the quantities of new notes the CBN pr...
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1 year agoEbenezer Onyeagwu remains GMD —Zenith Bank
Zenith Bank on Tuesday addressed the confusion surrounding its leadership after a document hinted that the Group Managing Director, Ebenezer Onyeagwu, had exited his positio...
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1 year agoGift Yourself Infinix Zero Ultra This Festive Season, You Deserve It
Since its release in October 2022, the Zero Ultra has been on my wish list, not only because the Zero Ultra boasts of the title as the world’s first...
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1 year agoI Got N500k Credit from Unknown Source to My Access Bank Account - DonSeth (Photos)
What would be your reaction if you suddenly received a credit alert of 500k from an unknown sender? This was my case somet...
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1 year agoFirst Bank Notes Featuring King Charles Is Unveiled By Bank Of England (Photos)
The Bank of England has unveiled its first banknotes featuring King Charles III, following the death of Queen Elizabeth II, IGBERETV report...
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1 year agoWorld Bank Says Naira Redesign Will Affect The Poor And SMEs
The World Bank has raised an alarm about the negative effect the Naira redesign will have on Nigeria's economic activity, IGBERETV reports. In a new re...
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1 year agoNigeria rakes in N1.4tn from VAT, company tax
The Federal Government generated N1.4 trillion from Value Added Tax (VAT) and Company Income Tax in three months, IgbereTV reports The National Bureau of Statistics (...
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