BUSINESS
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Jumia Expands Services Across Africa
Africa Internet Group is today connecting its companies into Jumia’s (www.JUMIA.com.ng) ecosystem with a new vision, “Expand your horizons”. The new…
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Investors Stream Back To Nigerian Markets After Naira Devaluation
The Nigerian Stock Exchange (NSE) has rallied for three straight days after the country’s central banks introduced a free floating…
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Senator Ben Murray-Bruce Reacts to AMCON Take Over; Says Tough times don’t last
The Asset Management Corporation of Nigeria on Thursday morning sealed the Abuja premises of Silverbird Galleria belonging to Senator Ben…
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CBN Certifies Wema Bank As Forex Primary Dealer
Wema Bank Plc has been appointed as one of the Primary Dealers in Foreign Exchange Inter-Bank Market (FXPDs) by the…
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Dangote Loses $3.7bn On Plunging Naira
Africa’s richest man, Aliko Dangote, fell 25 places on the Bloomberg Billionaires Index as the naira tumbled on its first day…
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See 13 Commercial Banks That Posted N118billion Profit Before Tax in Three Months
A total of thirteen Deposit Money Banks, DMBs, in Nigeria have announced N118 billion Profit Before Tax, PBT, in the first…
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CBN Loans to Commercial Banks Rise at 173% to N281billion
The volume of loan from the Central Bank of Nigeria, CBN, to commercial banks in the country, jumped sharply last…
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Microsoft To Acquire LinkedIn For $26.2 Biliion
Microsoft has announced that it is acquiring LinkedIn, the social network for professionals with some 433 million users, for $26.2…
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MTN Fine Was Reduced to Encourage Foreign Investments – Min of Communications, Adebayo Shittu
Adebayo Shittu, Minister of Communications, had said that the reduction of the fine slammed on telecommunication giant, MTN from $5.2 billion (about…
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Africa Internet Group To Rebrand All Startups Into Jumia Subsidiaries
Africa Internet Group (AIG), a subsidiary of Rocket Internet, is renaming its companies in the African market to become part…
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