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Blockchain organisation advocates for national Bitcoin strategy
The Blockchain Technology Association of Nigeria (SiBAN) has urged the Nigerian Government to craft a national Bitcoin strategy,…
Nigeria’s external debt may hit $45Billion
Nigeria's external debt is projected to rise to $45.1 billion by the end of 2024 as the Federal Government moves forward with…
CBN vows to sanction banks hoarding, diverting cash
The Central Bank of Nigeria (CBN) has issued a stern warning to Deposit Money Banks (DMBs) regarding cash hoarding and diversion,…
Naira depreciates by 0.2% against dollar at official market
The Naira on Thursday, depreciated at the official market, trading at N1,650.20 to the dollar.
According to data from the FMDQ…
Made-in-Nigeria laptops, electric vehicles, 33 other products ready for…
The National Agency for Science and Engineering Infrastructure (NASENI) says it has facilitated 35 made-in-Nigeria products that…
MultiChoice writes off $21Million deposited in Heritage Bank
MultiChoice Group Limited has written off $21 million previously held in Nigeria’s Heritage Bank following the bank’s liquidation…
Recapitalisation: UBA to raise N239bn through Rights Issue
The United Bank for Africa (UBA) Plc has announced that it with raise N239.4 billion through a Rights Issue of 6,839,884,274…
NDIC announces date to commence sale of defunct Heritage Bank assets
The Nigeria Deposit Insurance Corporation (NDIC) says the sale of Heritage Bank assets will begin on December 4, 2024.
In a…
Nigerians to pay more as Guinness announces new price regime for drinks
Guinness Nigeria, a major beverage maker, has announced an upward review in the prices of some products.
In a memo dated…
NAFDAC seizes fake Wines worth ₦41.2Million in Nasarawa
The National Agency for Food and Drug Administration and Control (NAFDAC) has seized counterfeit wines worth ₦41.2 million in…