Business & Economy

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FG suspends ban on cryptocurrencies

Toby Prince Feb 12, 2021 0

The Federal Government has suspended its plan to ban cryptocurrencies. The Securities and Exchange Commission made this known in a statement on Thursday. “For the purpose of…
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WTO to appoint Okonjo-Iweala as Director-General next week

Toby Prince Feb 9, 2021 0

After nearly six months without a captain, the World Trade Organization looks set to appoint Nigeria’s Ngozi Okonjo-Iweala as its first female and first African leader next week. The…
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Forbes names Dangote Africa’s richest for 10th year

Toby Prince Jan 23, 2021 0

Nigerian billionaire, Aliko Dangote, has been named Africa's richest man for the 10 successive year. Second on the  list of Forbes’ Africa Billionaires released on Friday isNassef…
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Nigerian economy ranked most optimistic in the world

Toby Prince Jan 6, 2021 0

Nigeria has been ranked first globally in terms of economic optimism in a survey recently conducted by Gallup International, ahead of Azerbaijan and Vietnam. Nigeria won the highest…
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Nigerian stocks rise 2.14pc to extend 2020 rally

Toby Prince Jan 4, 2021 0

Nigerian stocks rose 2.18% on Monday, its first trading session of 2021, extending last year's rally, lifted by shares of banking and consumer goods companies. The index climbed to…
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Nigeria’s debt profile rises to N32.2trn

Toby Prince Jan 1, 2021 0

The Debt Management Office on Thursday announced that Nigeria's public debt hit a total of N32.2 tn at the end of September. The deduction from this figure is that the nation's debt…
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