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Digital Rights and Freedom Bill: Why Buhari maybe right to decline assent

Nigerians’ collective sigh of relief over the possibility of finally getting an all-inclusive legislation on digital rights, was aborted on Wednesday when President Muhammadu Buhari…

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FSDH worried over Nigeria’s balance of payment despite CBN’s optimism

First Securities Discount House Limited (FSDH) Merchant Bank Limited has expressed concern over Nigeria’s balance of payment (BoP). This is despite the projection of a positive outlook for…

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OneFi acquires Amplify as part of its one-stop-shop drive

Nigerian tech company, One Finance Limited (OneFi) has acquired Amplified Payments Ltd(Amplify), a fintech company that builds and facilitates payment solutions and digital financial transactions in Nigeria. The acquisition…

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NNPC commences rehabilitation of Port Harcourt’s refinery to boost local supply

The Nigerian National Petroleum Corporation (NNPC) has commenced the rehabilitation of the first phase of the 210,000 barrels per day capacity Port Harcourt Refinery complex. The rehabilitation is…

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AMCON boss wants courts to have debt recovery powers

Managing Director of the Asset Management Corporation Ahmed Kuru has advocated for the return of the  Failed Banks Tribunal (or Act). Kuru made this known when members of…

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Brace for impact as CBN expects inflation to rise to 12%

Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, has disclosed that the country’s inflation rate could rise to 12 percent. However, this will not…

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Jaiz Bank Plc expands footprint in Nigeria with new branches

Jaiz Bank Plc has expanded its footprint in Nigeria with five additional branches across the country. The new branches have increased the total network of…

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Like MTN, is Airtel Nigeria considering listing?

There is emerging information that telecommunication company, Airtel Nigeria, is holding talks with the Nigerian Communications Commission (NCC) and the Nigerian Stock Exchange (NSE) to become…

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Google fined N613.1bn for AdSense clauses

Search engine giant, Google, has been fined for anti-competition activities which affected online search advertisers. The company was accused of using its market dominance to dictate activities of rival…

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Meet top 10 richest US tech entrepreneurs

Entrepreneurship is a very laborious job and keeping up to its trend can be quite hard. But as they said, hard work pays. Jon Erlichman, a…

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Air Peace acquires B777 Aircraft, defends order of banned B737-Max8

In preparation for its international operation, Nigerian carrier, Air Peace, has taken delivery of its third Boeing 777-300 aircraft. This acquisition comes days after Air Peace defended its order…

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Cadbury Nigeria Plc records N35.9 billion revenue in FY 2018

Cadbury Nigeria Plc has released its results for the 2018 financial year. Here are highlights of the results.  Revenue  Revenue increased from N33 billion in…

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FIRS boss Tunde Fowler denies pushing for increase in VAT charge

In a series of tweets from its twitter handle, the Federal Inland Revenue Service (FIRS) has clarified media reports its Executive Chairman, Tunde Fowler had…

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How to get rid of ‘outrageous’ electricity bills

Electricity bills in Nigeria have long been a topic of discussion among the populace. More often than not, Nigerians always express their displeasure to the…

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Superstores in Nigeria: Can SPAR and Shoprite’s business models keep them afloat?

Business model has always been a key determinant in the success and longevity of any company. It is the method used by some organisations to…

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Nigerians won’t be paying too much even if VAT increases to 7.5%

The media space was set agog earlier this week when the news broke that Nigeria’s Value Added Tax (VAT) may inch up to 7.5% from…

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CCT Trial: Details of Onnoghen’s bank accounts unveiled

Details of the accounts owned by the suspended Chief Justice of Nigeria, CJN, Walter Onnoghen, at the Standard Chartered Bank have been unveiled at his…

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Nigeria’s abysmal Pension System, where only 12% of workers have pension accounts

Despite having an estimated population of 190 million people, 70 million of whom are actively involved in the labour force, only 8.41 million Nigerians currently…

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NSE lifts suspension on Thomas Wyatt Nigeria Plc

The Nigerian Stock Exchange (NSE) has lifted the suspension that halted Thomas Wyatt Nigeria Plc from trading its shares on the Nigerian bourse. According to the…

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Africa’s richest woman almost got fired again

On Tuesday March 19th, 2019, media reports speculated that the richest woman in Africa,  Isabel dos Santos, could potentially get removed as a Board Member of…

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