Business
‘Breaking’ Nigeria’s central bank raises interest rate from 11.5% to 13%
The Central Bank of Nigeria’s Monetary Policy Committee has jacked up benchmark interest to 13 per cent, 150 basis points...
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‘This is not fair’ Man laments FairMoney treatment after N40k went missing in his account
Oladeji Akanji, a realtor, has lamented the disappearance of N40,000 from his FairMoney account. Akanji said his father sent him...
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‘Enhancing financial services’ CBN issues guidelines for Open Banking in Nigeria
The Central Bank of Nigeria has issued the regulatory framework for Open Banking in Nigeria in its efforts to enhance...
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‘Strong safety record’ Omiyi sits aboard Seplat as shareholders approve $0.10/share dividend
Seplat Energy Plc has appointed Basil Omiyi as the company’s new independent non-executive chairman. He takes over from the founding...
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‘Stagflation is looming, right?’ Economists say otherwise as panic grips US economy
Wherever you get your news, there's no escaping the perception that rising prices are breaking the US economy. Recession is...
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‘Economic emancipation’ Namibia tours Europe to sell sunshine, says China already interested
As Europe struggles to decarbonise its economy and wean itself off Russian oil and gas, one of the world’s sunniest...
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‘A welcome development’ FG approves tax reliefs, other incentives for Startups
The Federal Executive Council has approved a plan to incentivise and further harness Nigeria’s digital innovation and entrepreneurship ecosystem. This...
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‘Empowering artisans’ Polaris Bank, Lagos State Employment Trust Fund launch N1b fund
Polaris Bank and the Lagos State Employment Trust Fund (LSETF) have partnered to provide N1 billion fund to artisans operating...
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‘Between Jan-Apr 2022’ UBA processes over 25,000 trade transactions in Nigeria
Africa’s Global Bank, United Bank for Africa (UBA) Plc says it has processed over 25,000 trade transactions in the last...
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‘Driving expansion’ Autochek acquires Morocco’s leading auto tech startup
Automotive technology company, Autochek, has acquired KIFAL Auto, Morocco’s leading automotive technology startup, to drive its expansion into North Africa....
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