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Pay-TV operator, MultiChoice Group, has announced that it repatriated $184million (approximately N192.09 billion) from Nigeria in the financial year ending March 2024. This figure was disclosed in the company’s consolidated financial statements released on Wednesday. This amount marks a substantial increase...
The naira depreciated against the dollar at the foreign exchange market to resume trading after the June 12 Democracy Day celebration as FX turnover transactions crashed to $92.68 million. FMDQ data showed that the naira depreciated marginally to N 1476.24...
Fidelity Bank Plc was the most active stock on Monday at the stock market as a strong positive sentiment led Nigerian equities to a net capital gain of N324 billion in the first trading session of the week. The market...
The Nigerian National Petroleum Company Limited (NNPC) has filed a motion in the High Court of the Federal Capital Territory (FCT) in Abuja to discontinue lawsuit against the sale of $1.2 billion assets belonging to Mobil Producing Nigeria Unlimited...
The Federal Government has requested a $500 million loan from the World Bank for the development of rural roads and agricultural marketing. This fund is expected to address the problem of connectivity in rural Nigeria, where 92 million...
The Chairman of Dangote Group, Aliko Dangote, has revealed that the company has paid off $2.4 billion out of the $5.5 billion loan it took for the construction of the $19 billion worth 650,000 barrels per day refinery. Speaking at...
Are you eager to turn your passion into profit on YouTube? With the vast amount of content uploaded every minute, standing out can seem overwhelming, but mastering YouTube’s algorithm and employing diverse content strategies can pave the way to...
Africa’s richest person and founder of the Dangote Group, Mr Aliko Dangote, on Wednesday disclosed that he had already offset about $2.4 billion of the $5.5 billion he borrowed to build his $19 billion refinery located near Lagos. Speaking at...
Development Bank of Nigeria (DBN) Plc has planted over 3, 000 trees in Lagos and Abuja respectively as part of activities to mark the 2024 World Environment Day. The financial institution disclosed this recently. The bank said this year’s theme,...
The Katsina State government has officially launched the Katsina State Directorate of Information and Communication Technology (KATDICT) office building at the Katsina State Institute of Technology and Management. The project, which was commissioned recently by the Governor of Katsina State,...
The Northern Ethnic Youth Group Assembly (NEYGA) has urged the new leadership of the Central Bank of Nigeria (CBN) to thoroughly clean up its structure and remove any remaining manifestation of Godwin Emefiele-led era. The group accused the former leadership...
Are you looking to boost your income and achieve financial security? Do you dream of earning money directly into your Nigerian bank account without the hassle of international payments or unreliable platforms? If so, you’ve come to the right...
The Naira traded N1, 473.66 to a dollar at the official market on Tuesday. Data from the official trading platform of the FMDQ Exchange showed that the Naira gained N9.96 or 0.67 percent when compared to the N1, 483.62 to...
Fidelity Bank was the most active stock on the Nigeria capital market on Monday as a strong positive sentiment led the bourse to gain N324 billion in the week’s first trading session. The market opened with widespread positive sentiment as...
Are you looking for ways to make 5000 Naira daily in Nigeria? Whether you’re a student, stay-at-home parent, or someone looking for a side hustle, there are numerous simple ways to achieve this goal. With the right approach and some...
From Maurice Okafor,Enugu. The Enugu state government and the Enugu Electricity Distribution Commission(EEDC) are currently having a soiled relationship and at each others throat over electricity bills The EEDC is accusing the authorities of Enugu state government of sealing it’s operational...
The Standard Bank Group Limited, on Monday announced the retirement of Mr. Atedo Peterside as non- executive director of the financial institution listed on the Johannesburg Stock Exchange (JSE). The retirement of the founder and Chairman of Stanbic IBTC Holdings...
Billionaire Elon Musk announced that he would ban Apple devices at his companies if the iPhone maker integrates OpenAI at the operating system level. Musk, who heads Tesla (electric vehicles), SpaceX (rockets), and recently acquired social media platform X, took...
The Northern Ethnic Youth Group Assembly (NEYGA) has called on the Central Bank of Nigeria (CBN) to thoroughly clean up its structure and eliminate any lingering influences from the tenure of former Governor Godwin Emefiele. In a statement signed by...
Apple unveiled a long-awaited AI strategy on Monday, integrating its new “Apple Intelligence” technology across its suite of apps including Siri and bringing OpenAI’s chatbot ChatGPT to its devices. In the nearly two-hour long presentation at Apple’s annual developer conference,...
The plans of Fidelity Bank Plc to acquire and recapitalize Union Bank, United Kingdom has gotten the backing of Afrexim Bank as the multilateral financial institution has disclosed that it has disbursed a $40 million intra-African investment facility for...
 The Economic and Financial Crimes Commission, EFCC has through the Court of Appeal, Abuja recovered 20 properties, 10 vehicles and three princely wristwatches from two brothers, Olisaebuka Eze and Onyeka Nnadozie Eze for a petitioner, Arthur Eze.In a final...
Nigeria’s Minister of Finance, Wale Edun, said sufficient liquidity would solve the challenge of power supply. He spoke on Monday at a one-day public hearing on power, chaired by Senator Enyinnaya Abaribe, where the Managing Director of Niger Delta Power...
The Central Bank of Nigeria (CBN) has announced the dissolution of the boards of directors of three major banks – Polaris Bank, Union Bank, and Keystone Bank. President Bola Tinubu appointed Jim Obazee as a Special Investigator in July 2023,...
From Cyriacus Nnaji, Lagos AstraZeneca in collaboration with NGPTA iNovaland partners, through the Global AZ Forest Programme has reinforced its commitment to restoring degraded ecosystems with six million tree planting initiative under the “Atebubu and Wiase Forest Landscape Restoration” project. The...
The Nigerian Governors’ Forum (NGF) has proposed import or export of power from the national grid or between states. The Forum recommended the development of policy to guarantee that states with excess generation capacity can either export to the national...
Nigeria’s foreign trade, including imports and exports, increased to N31.810.56 billion in the first quarter of 2024. The National Bureau of Statistics disclosed this in its latest foreign trade in goods report. The total imports stood at N12,643.23 billion, and exports...
Welcome to this introductory guide on making money on TikTok in Nigeria. Although Nigerian creators are currently ineligible for the TikTok Creator Fund, there are still numerous ways to monetize your presence on the platform. This guide explores potential...
It was cheering news when the 34-year-old Zenith Bank Plc announced the appointment of its first female Group Managing Director, Dr. Adaora Umeoji on Tuesday, March 19, 2024. For many stakeholders of the bank, the appointment was memorable and...
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