BUSINESS
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Naira Records Strongest Gain Against Dollar Since Trump’s Tariff Pause
The Naira recorded its biggest surge against the U.S. dollar this week on Thursday, following a temporary halt in tariff…
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China not afraid – President Xi Jinping sends warning to Trump
China has declared plans to impose new tariffs of up to 125% on U.S. goods starting April 12, warning it…
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Trump’s 90-Day Tariff Pause Boosts US Investors by $4.8 Trillion
On Wednesday, U.S. stock investors saw a remarkable $4.8 trillion gain just hours after President Donald Trump announced a 90-day…
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Diamond Bank founder, Pascal Dozie dies at 86
Pascal Dozie, the esteemed founder of the now-defunct Diamond Bank and a pioneer in Nigeria’s financial and telecommunications industries, has…
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Naira weakened by 3% Q1 2025
In March 2025, the Nigerian naira faced intensified pressure, weakening further despite continued efforts by the Central Bank of Nigeria…
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Why Nigerians still pay more for fuel despite falling crude prices – refiners
Members of the Crude Oil Refinery Owners Association of Nigeria called CORAN presented the reasons Nigerians still pay high Premium…
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FCMB Group posts N111.9bn profit
The year-end financial report of FCMB Group Plc reveals a PBT of N111.9 billion matching a 7.1% growth from the…
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JP Morgan to obtain merchant Banking license in Nigeria – Report
According to reports JP Morgan continues to progress toward improving its Lagos representative office into an operational business branch which…
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Sterling Bank leads protest for removal of bank transfer charges
In a groundbreaking step toward customer-centric banking in Nigeria, Sterling Bank has led the push for major banks to eliminate…
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Petrol price goes up in Lagos
Petrol marketers throughout Lagos have raised pump prices to a range of N925 to N935 per litre, attributing this increase…
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