BUSINESS
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Nigeria’s Forex Reserves Drop to $29.88 Billion
Nigeria’s foreign reserves fell below $30 billion for the first time in more than four months, putting more pressure on…
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NSE: Exit of foreign investors takes toll on trading
The All-Share Index of the Nigerian Stock Exchange (NSE) on Tuesday depreciated further by 0.26 per cent following the exit…
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Facebook’s Mark Zuckerberg to give away 99% of shares
Facebook’s Mark Zuckerberg and his wife Priscilla Chan say they will give away 99% of their shares in the company…
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CBN Threatens to Shut Down Any Bank Involved in Money Laundering
The Central Bank of Nigeria has threatened to close down any bank that connives with government officials to steal public…
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IPMAN wants petroleum products loading decentralised from Lagos
The Independent Petroleum Marketers Association of Nigeria (IPMAN), on Sunday, urged the Federal Government to decentralise loading of petroleum products…
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Ericsson, Airtel Team up to bring NuVu to Nigeria
Ericsson has partnered with Airtel Nigeria to roll out the end-to-end subscription Video on Demand (VoD) service in the West…
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Apple Reclaims Top Spot as 2015 world’s most valuable brand
Apple has overthrown Google to reclaim its title as the world’s most valuable brand for the year 2015. The company…
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Lagos State shuts down Shoprite over breach of safety law
According to reports, The Lagos State Safety Commission has shut the multi-billion multi-national shopping outlet, Shoprite located at the Ikeja…
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NNPC blames fuel scarcity on vandals, unscrupulous oil marketers
The Nigerian National Petroleum Corporation, NNPC, yesterday blamed the persistent fuel crisis on the continuous vandalisation of the System 2B pipeline…
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Sterling Bank Secures $40m Facility from Turkey EXIM Bank
Sterling Bank said it has secured a $40 million facility from the Turkey EXIM Bank. The facility was granted by…
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