Posted in NAIJA BIZ

Nollywood Actress, Empress Njamah Celebrates Birthday With Awesome Photos

Nollywood actress Empress Njamah celebrated her birthday yesterday and she has shared some new photos to mark the special day.  Nollywood actress Empress Njamah is…

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Super Eagles zoom into 2019 AFCON after playing 1-1 draw against South Africa

Nigeria’s Super Eagles have qualified for next year’s African Cup of Nation, to be hosted by Cameroon after they were forced to a 1-1 draw…

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Posted in NAIJA BIZ

Despite Government policies Nigeria will soon be largest importer of rice

A report by the United States Department of Agriculture (USDA) has predicted that Nigeria’s rice imports will jump 13 per cent next year to a…

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Posted in NAIJA BIZ

Why NCC is blaming GSM subscribers for the problem of unsolicited SMS

For their supposed unwillingness/refusal to report incidents of unsolicited text messages from network providers, the Nigerian Communications Commission (NCC) yesterday said network subscribers are to…

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No agreement was signed with GE on $2.7 billion railway project – FG

Rotimi Amaechi, Minister of Transportation, has addressed the pulling out of General Electric (GE) from the Nigerian railway concession project. According to the Minister, the Nigerian government did not sign…

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NDIC says ten Banks account for 87% of banking fraud

Ten Deposit Money Banks accounted for about 87.63 per cent of fraud and forgeries that occurred in the banking sector in the 2017 fiscal period….

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E-transactions fraud to hit N6.1 trillion by 2021

The Central Bank of Nigeria (CBN) has disclosed that electronic banking fraud in Nigeria will hit N6.1 trillion by 2021. This was made known by…

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Nigerians react as NBS claims lack of funds is delaying unemployment report

Nigeria’s Statistician-General and CEO of the National Bureau of Statistics, Dr Yemi Kale, on Tuesday, November 13th, made a rather controversial Twitter post informing Nigerians…

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Federal Government raises $2.86 billion from Eurobond

In a notice posted on its website, the Debt Management Office (DMO) has announced Nigeria’s successful raise of $2.86 billion through its latest Eurobond. This is the…

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These companies will pay N127.2 million for delaying their financial reports

Four Nigerian companies — Ekocorp Plc, Premier Paints Plc, Academy Press Plc and Austin Laz & Co Plc — are the latest to get fined by the…

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NSE amends dealing member rules

The Nigerian Stock Exchange (NSE) today released amendments to its dealing member rules. Rule 7.4 pertains to the submission of financial and non-financial reports to the…

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Flutterwave is aiming to be the Google of payments

In a bid to sensitise the public of its plans and services, payment platform and fintech startup, Flutterwave, recently held a press conference. Present at the event…

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Why Nigerian Breweries offices were sealed briefly

The National Lottery Regulatory Commission (NLRC) briefly sealed Nigerian Breweries Plc’s Headquarters premises in Lagos and two of its offices in Abuja. In a notice to…

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Posted in NAIJA BIZ

Nigeria’s MainOne takes blame for Google service disruption

MainOne Cable has assumed responsibility for a glitch that temporarily caused some Google global traffic to be misrouted through China, saying it accidentally caused the…

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NSE confirms 44 high-profile speakers for ASEA conference 2018

Ahead of the 22nd Annual African Securities Exchange Association (ASEA) Conference which has been slated to take place between November 26th and 27th in Lagos,…

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AMCON to expose new debtors

Following the exposure of 105 delinquent debtors, the Asset Management Company of Nigeria (AMCON) is preparing to release another list of debtors. AMCON’s Head of Corporate…

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Senate to probe FG over reduction of MTN’s $8.1 billion fine

The Nigerian Senate has queried the decision of the Federal Government to reduce the $8.1 billion fine imposed on MTN to $800 million. The red…

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New Minimum Wage: Labour gives final deadline for full implementation

Labour union under the auspices of Trade Union Congress (TUC) has given the Federal Government a final deadline to fully implement the N30,000 new national…

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MTN Partner Summit: building partnerships and bonds that will stand the test of time

MTN Nigeria is about to redefine the meaning of partnership and with all we experienced on Thursday, October 8th, 2018, at the Landmark Event Centre…

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MTN set to enter Nigeria’s Mobile Money market

MTN Group has revealed plans to apply for payment banking license in Nigeria and launch a service in the country by the second quarter of…

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