Should one man have all that power over monetary policy
Tue, 08 Nov 2022
Although the independence of the CBN is sacrosanct, it would have been more congruous if the Ministry of Finance did not find out about the naira redesign in the mediaThe post Should one man have all that power over monetary policy' appeared first on Nairametrics.
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Flooding: FERMA says cost of road rehabilitation is N100 billion
Tue, 08 Nov 2022
Senate committee assured the FERMA boss that the N100 billion intervention fund would be made availableThe post Flooding: FERMA says cost of road rehabilitation is N100 billion appeared first on Nairametrics.
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Withdrawals and deposits into Binance now acceptable in naira
Tue, 08 Nov 2022
Nigerian traders can now deposit and withdraw the local currency from their Binance WalletsThe post Withdrawals and deposits into Binance now acceptable in naira appeared first on Nairametrics.
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COP 27: Interest rates for building a solar field in Nigeria 7 times higher than OECD countries ' Al Gore
Tue, 08 Nov 2022
Building a solar field is a profitable venture, but in Nigeria, investors pay a much higher interest rateThe post COP 27: Interest rates for building a solar field in Nigeria 7 times higher than OECD countries ' Al Gore appeared first on Nairametrics.
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BREAKING: Panic in crypto market as more than 180K investors liquidate
Tue, 08 Nov 2022
Okexrecorded the largest single liquidation order - BTC-USD-230331, worth $1.9 millionThe post BREAKING: Panic in crypto market as more than 180K investors liquidate appeared first on Nairametrics.
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ASUU: UniJos VC urges lecturers to resume lectures
Tue, 08 Nov 2022
ASUU should be considerate and compassionate with students and parents and return to the classroomThe post ASUU: UniJos VC urges lecturers to resume lectures appeared first on Nairametrics.
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8 months after, demolished AIB facilities are still empty
Tue, 08 Nov 2022
The government had argued that the demolition would enable it to expand the apron wing of the new Chinese terminalThe post 8 months after, demolished AIB facilities are still empty appeared first on Nairametrics.
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Udemy offers free courses on photography, website development, others
Tue, 08 Nov 2022
The most difficult task for learners is determining which new skills they need and what they can do to compete better in the global economyThe post Udemy offers free courses on photography, website development, others appeared first on Nairametrics.
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Review: eNaira app misses bill payment feature
Tue, 08 Nov 2022
eNaira has recorded 700,000 transactions valued at N8 billion since its inauguration on Oct. 25, 2021The post Review: eNaira app misses bill payment feature appeared first on Nairametrics.
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Review: eNaira app misses bill payment feature
Tue, 08 Nov 2022
eNaira has recorded 700,000 transactions valued at N8 billion since its inauguration on Oct. 25, 2021The post Review: eNaira app misses bill payment feature appeared first on Nairametrics.
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The coming diesel crisis: Store, hedge or switch.
Tue, 08 Nov 2022
In this exclusive oil and gas report for the month of October, we collate and analyze some of the most interesting developments in the oil, gas and energy sectors in Nigeria.The post The coming diesel crisis: Store, hedge or switch. appeared first on Nairametrics.
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Explained: How banks, MTN & Airtel will deduct VAT from invoices of their vendors
Tue, 08 Nov 2022
We explain a new FIRS public notice that now gives banks, MTN and Airtel the power to deduct VAT from the invoices of their vendorsThe post Explained: How banks, MTN & Airtel will deduct VAT from invoices of their vendors appeared first on Nairametrics.
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FIRS appoints MTN, Airtel, commercial banks to collect VAT
Tue, 08 Nov 2022
The Federal Inland Revenue Service (FIRS) has appointed telecommunications giants, MTN and Airtel, as well as commercial banks or deposit money banks in Nigeria to withhold Value Added Tax (VAT) charged on all taxable supplies made to them, and remit same to the agency.The post FIRS appoints MTN, Airtel, commercial banks to collect VAT appeared first on Nairametrics.
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NGX reopens physical trading after 32 months of trading remotely
Tue, 08 Nov 2022
The NGX also celebrated the Chartered Institute of Stockbrokers on its 30th anniversary with a closing gong ceremony The post NGX reopens physical trading after 32 months of trading remotely appeared first on Nairametrics.
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Jumia co-founders Sacha Poignonnec, Jeremy Hodara step down as Co-CEOs, share price tanks
Tue, 08 Nov 2022
Francis Dufay, who previously held the CEO role at Jumia Ivory Coast, will now replace both co-founders as acting CEOThe post Jumia co-founders Sacha Poignonnec, Jeremy Hodara step down as Co-CEOs, share price tanks appeared first on Nairametrics.
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Dangote launches a circular economy programme, trains traders on financial literacy
Tue, 08 Nov 2022
Dangote Cement has launched a circular economy program, called 'DangCircular'. The new initiative aims to promote recycling and reuse of scarce resources in society to reduce landfilling and create wealth as a contribution to environmental sustainability. DangCircular was rolled out during this year's Dangote Sustainability Week, targeting students of Nigerian higher institutions. The company partnered []The post Dangote launches a circular economy programme, trains traders on fin
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Stock market closes flat as bulls, bears fights for dominance
Tue, 08 Nov 2022
Mixed sentiments prevailed on the Nigerian Exchange Limited (NGX) as the bulls and the bears struggled to gain dominance.The post Stock market closes flat as bulls, bears fights for dominance appeared first on Nairametrics.
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Binance to sell more than half a billion-dollar worth of Bankman-Fried's FTT token
Tue, 08 Nov 2022
Binance currently possesses about 23 million FTX tokens valued at about $529 million at current pricing, according to a source familiar with the companyThe post Binance to sell more than half a billion-dollar worth of Bankman-Fried's FTT token appeared first on Nairametrics.
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Welfare of Nigerians paramount in Atiku's 'Pathway to Recovery
Tue, 08 Nov 2022
A well-meaning government should target how growth can have a trickle-down effect on the peopleThe post Welfare of Nigerians paramount in Atiku's 'Pathway to Recovery' appeared first on Nairametrics.
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Agora Policy: Nigeria needs a more holistic approach to overcome growing insecurity
Tue, 08 Nov 2022
Agora Policy is a Nigerian think tank and non-profit committed to finding practical solutions to urgent national challengesThe post Agora Policy: Nigeria needs a more holistic approach to overcome growing insecurity appeared first on Nairametrics.
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Anti-crude oil theft fight paying off as NLNG confirms increased supply in key pipelines
Mon, 07 Nov 2022
The improvement started when the NNPC led the fight against crude oil theft in the Niger Delta region.The post Anti-crude oil theft fight paying off as NLNG confirms increased supply in key pipelines appeared first on Nairametrics.
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Roqqu gets well deserved recognition as they bag BAFI award as Blockchain company of the year 2022
Mon, 07 Nov 2022
Roqqu, the biggest blockchain company in Nigeria, has emerged as the 2022 Best Blockchain Company in Nigeria of the Year at the Business & Other Financial Institutions (BAFI) Awards, confirming the reports of our excellence that we've received in the past. Listed as a nominee in this category that featured remarkable competitors seeking the number []The post Roqqu gets well deserved recognition as they bag BAFI award as Blockchain company of the year 2022 appeared first on Nairametrics.
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Apple Inc. appoints TD Africa first indigenous distributor for Nigeria
Mon, 07 Nov 2022
After a painstaking study of the Nigerian market and search for an indigenous distribution company with proven capacity and sound ethical standards, world's leading technology company Apple Inc. has appointed TD Africa the first authorised indigenous distributor of the company's products in Nigeria. The landmark development, which is regarded as a demonstration of faith in []The post Apple Inc. appoints TD Africa first indigenous distributor for Nigeria appeared first on Nairametrics.
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Fenway Sports Group (FSG) has put Liverpool up for sale
Mon, 07 Nov 2022
FSG is working with Goldman Sachs and Morgan Stanley to find a new buyer for Liverpool FCThe post Fenway Sports Group (FSG) has put Liverpool up for sale appeared first on Nairametrics.
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Purple Real Estate Group Releases its Audited Results for the Half Year Ended 30 June 2022
Mon, 07 Nov 2022
Purple Real Estate Income Limited (Purple Group or Purple or PREIL or 'The Group') has announced its audited results for the half year ended 30 June 2022. Consolidated Income Statement Gross earnings of '4.7 billion, up 157.5% year-on-year (H1 2021: '1.8 billion) Net revenue of '984.6 million, up by 57.1% year-on-year (H1 2021: '626.8 million) []The post Purple Real Estate Group Releases its Audited Results for the Half Year Ended 30 June 2022 appeared first on Nair
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Elon Musk announces new Twitter rules for parody accounts, name change
Mon, 07 Nov 2022
Twitter is also reportedly calling back some of its sacked workers The post Elon Musk announces new Twitter rules for parody accounts, name change appeared first on Nairametrics.
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CJN swears in Election Petition Tribunal members
Mon, 07 Nov 2022
A case management system has also been compiled by the Court of Appeal to serve as a guide in areas of conflicting rulings by the tribunalsThe post CJN swears in Election Petition Tribunal members appeared first on Nairametrics.
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Redesigning or sensitizing; what's the way to go
Mon, 07 Nov 2022
Global practices recommendation is that countries of the world should redesign the currency notes every five to eight yearsThe post Redesigning or sensitizing; whats the way to go' appeared first on Nairametrics.
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Black market exchange rate falls to N875/$1 on 7th November 2022
Mon, 07 Nov 2022
The exchange rate between the naira and the US dollar depreciates at N875/$1 on the black market, on Monday, 7th November 2022.The post Black market exchange rate falls to N875/$1 on 7th November 2022 appeared first on Nairametrics.
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MyCredit Investments Ltd (FairMoney Nigeria) announces repayment of N3.7 billion to private note investors
Mon, 07 Nov 2022
MyCredit Investments Limited, ('FairMoney' or 'the Company') today announced the redemption of N3.7 Billion in aggregate principal amount of its 18% Series II Private Notes (the 'Notes') that fell due on November 03, 2022, to various reputable institutional & HNI investors. The private note is the second tranche under the company's N10 Billion Private Note []The post MyCredit Investments Ltd (FairMoney Nigeria) announces repayment of N3.7 billion to private
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Data and intelligence startup Stears announces data product to take on Nigeria's 2023 Elections.
Mon, 07 Nov 2022
Stears, a pan-African data and intelligence company, announces the launch of Stears Elections (2023elections.ng). Stears Elections is an open data project designed to organize all of Nigeria's election data. In 2019, Stears built Nigeria's first real-time election database and became a choice destination for millions of Nigerians who wanted trusted results. The company has since []The post Data and intelligence startup Stears announces data product to take on Nigeria's 2023 Electi
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AfDB draws $63.8 billion' worth of investment interest in 2022
Mon, 07 Nov 2022
This was disclosed in a statement issued on the AfDB's website and seen by NairametricsThe post AfDB draws $63.8 billion' worth of investment interest in 2022 appeared first on Nairametrics.
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39% of African businesses have been affected by flooding in 2022 ' BII
Mon, 07 Nov 2022
Flooding is the most frequently reported physical climate event affecting businesses in emerging economiesThe post 39% of African businesses have been affected by flooding in 2022 BII appeared first on Nairametrics.
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Why the proposed $1.9 trillion budget for Nigeria's ETP implementation is faulty ' Budgit
Mon, 07 Nov 2022
The proposed budget is not only unrealistic, but it also does not reflect the current state of the economyThe post Why the proposed $1.9 trillion budget for Nigerias ETP implementation is faulty Budgit appeared first on Nairametrics.
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WimBiz 2022: We want to inspire women all around the world, Adeyemi Adebisi, Chairman
Mon, 07 Nov 2022
Adeyemi Adebisi was recently announced as the Chairman, the Board of Trustees, Women in Management, Business and Public Service (WimBiz) during its 21st Annual Conference, a two-day conference with a focus on the theme, 'Firing Forward: the future in focus.' Adebisi, the Chief Executive Officer, of DCSL Corporate Services Limited, was named chairman of the []The post WimBiz 2022: We want to inspire women all around the world, Adeyemi Adebisi, Chairman appeared first on Nairametrics.
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Liquidations worth $150 million hit crypto traders like tsunami
Mon, 07 Nov 2022
A total of 86,568 traders liquidated, totalling $149.98 million in valueThe post Liquidations worth $150 million hit crypto traders like tsunami appeared first on Nairametrics.
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Oando Clean Energy Limited Part of Nigeria Delegation to COP27
Mon, 07 Nov 2022
Today, the 27th United Nations Climate Change Conference (COP27) themed''Delivering for People and the Planet''kicks off in Sharm El Sheik, Egypt. The event will host more than 45,000 registered COP27 participants representing Parties, the United Nations (UN), regional non-governmental and intergovernmental organizations, businesses, the scientific community, local communities as well as civil society to jointly []The post Oando Clean Energy Limited Part of Nigeria Delegation
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The more people you pull out of poverty, the more you reduce criminality in the country: Peter Obi
Mon, 07 Nov 2022
I will be responsible to all Nigerians. I will be in chargeThe post The more people you pull out of poverty, the more you reduce criminality in the country: Peter Obi appeared first on Nairametrics.
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Peter Obi says if he was president he would have moved to Bayelsa to empathise with flood victims
Mon, 07 Nov 2022
Bayelsa is one of the states most affected by the nation-wide flooding in NigeriaThe post Peter Obi says if he was president he would have moved to Bayelsa to empathise with flood victims appeared first on Nairametrics.
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Nigerian agro firms report massive profit dips as higher raw materials and operating cost erodes revenue
Mon, 07 Nov 2022
Businesses operating in the country have had to deal with high cost of raw materials, diesel, and other operating expenses, which has affected the bottom line of the firms.The post Nigerian agro firms report massive profit dips as higher raw materials and operating cost erodes revenue appeared first on Nairametrics.
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Canadian Armed Forces is recruiting permanent residents to enlist amid low recruitment
Mon, 07 Nov 2022
Permanent residents in Canada including Nigerians will now be permitted to enroll, as the military struggles with low recruitment levels. The decision was made five years after the Royal Canadian Mounted Police (RCMP) declared that they will change their outdated recruitment process to allow permanent citizens who have resided in Canada for ten years or []The post Canadian Armed Forces is recruiting permanent residents to enlist amid low recruitment appeared first on Nairametrics.
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Like Twitter, Meta is planning mass layoffs this week
Mon, 07 Nov 2022
This is coming barely a week after Twitter announced mass layoffs of almost half of its workforceThe post Like Twitter, Meta is planning mass layoffs this week appeared first on Nairametrics.
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FG did not order Keystone Bank to close 'TakeBackNaija' account ' Management
Mon, 07 Nov 2022
Keystone Bank Limited has debunked a statement credited to a political group, TakeBackNaija Initiative, which alleged that the Federal Government had ordered the closure of its accounts with the Bank for supporting the presidential candidate of the Labour Party, Mr. Peter Obi. In a statement issued by Keystone Bank Management and made available to newsmen []The post FG did not order Keystone Bank to close TakeBackNaija account Management appeared first on Nairametrics.
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Q3 2022: Bua Foods Plc reports 61% increase in pre-tax profits
Mon, 07 Nov 2022
The growth in pre-tax profits was a result of the growth in revenue from both the sugar and flour divisions of the company, driven majorly by price adjustments and export sales as the volume sold declinedThe post Q3 2022: Bua Foods Plc reports 61% increase in pre-tax profits appeared first on Nairametrics.
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Top 10 Nigerian stockbroking firms in October 2022
Mon, 07 Nov 2022
The top 10 stockbroking firms in Nigeria traded N80.9 billion worth of shares in October 2022The post Top 10 Nigerian stockbroking firms in October 2022 appeared first on Nairametrics.
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FG to begin disposing of forfeited assets acquired with crime proceeds ' ICPC
Mon, 07 Nov 2022
POCA was introduced to improve the management and disposal of forfeited assetsThe post FG to begin disposing of forfeited assets acquired with crime proceeds ICPC appeared first on Nairametrics.
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Nigeria needs to focus on carbon reduction strategies as COP 27 begins
Mon, 07 Nov 2022
The Conference of the Parties (COP 27) officially began yesterday, Sunday, November 6 2022The post Nigeria needs to focus on carbon reduction strategies as COP 27 begins appeared first on Nairametrics.
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2023: Tinubu not sick, more physically fit than Obi and Atiku- Campaign
Mon, 07 Nov 2022
Atiku Abubakar knows that Tinubu will win the 2023 presidential election hands down.The post 2023: Tinubu not sick, more physically fit than Obi and Atiku- Campaign appeared first on Nairametrics.
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Naira crashes to an all-time low of N1005/, Nigerians react
Mon, 07 Nov 2022
The rapid depreciation of Nigeria's local currency will likely cause inflationThe post Naira crashes to an all-time low of N1005/, Nigerians react appeared first on Nairametrics.
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Broadband: NCC sets up N800 billion National Communications Backbone project
Mon, 07 Nov 2022
Members of the committee include Mobile Network Operators (MNOs), Infrastructure Companies (InfraCos), and Tower Companies (TowerCos)The post Broadband: NCC sets up N800 billion National Communications Backbone project appeared first on Nairametrics.
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Q3 2022: Bua Cement Plc reports 61% increase in pre-tax profits
Mon, 07 Nov 2022
The growth in pre-tax profits was a result of the growth in revenue from both the sugar and flour divisions of the company, driven majorly by price adjustments and export sales as the volume sold declinedThe post Q3 2022: Bua Cement Plc reports 61% increase in pre-tax profits appeared first on Nairametrics.
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Raphael Onyedika and Club Brugge's historic Champions League success: The financial rewards of glory
Mon, 07 Nov 2022
Club Brugge became the second club from Belgium to reach the UCL knockout phaseThe post Raphael Onyedika and Club Brugges historic Champions League success: The financial rewards of glory appeared first on Nairametrics.
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Nigeria's green bond market has a good yield curve ' Oscar Onyema
Sun, 06 Nov 2022
The exchange has had a good yield curve and is working with several other green bond issuers for new roundsThe post Nigeria's green bond market has a good yield curve ' Oscar Onyema appeared first on Nairametrics.
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30,000 Nigerians to be trained on a Blockchain through scholarship by NITDA
Sun, 06 Nov 2022
Application opens from 31st October to 28th November 2022 and, the course starts on 1st December 2022.The post 30,000 Nigerians to be trained on a Blockchain through scholarship by NITDA appeared first on Nairametrics.
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SWOOTs capitalization down by N160 billion
Sun, 06 Nov 2022
The combined market capitalization of stocks worth over one trillion (SWOOTs) depreciated by 0.92% to close at N17.17 trillion from N17.44 trillion the previous week. This shows a loss of N160 billion during the week under review. Stocks included in this classification are AIRTELAFRICA, BUA CEMENT, DANGOTE CEMENT, BUAFOODS, and MTNN Plc. BUA Cement []The post SWOOTs capitalization down by N160 billion appeared first on Nairametrics.
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EFCC flags Racsterli, MMM, others as Ponzi schemes
Sun, 06 Nov 2022
The EFCC declared Racsterli, MMM, Galaxy, and Brad Crash Ponzi schemes used to defraud the publicThe post EFCC flags Racsterli, MMM, others as Ponzi schemes appeared first on Nairametrics.
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Pension Funds' Return on Investment (ROI) for October 2022
Sun, 06 Nov 2022
This report is from MoneyCounsellors in conjunction with NairametricsThe post Pension Funds Return on Investment (ROI) for October 2022 appeared first on Nairametrics.
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Meet Chukwuemeka Afigbo who bounced back from several Canadian visa denials to bestride Google, Facebook and Okta like a colossus
Sun, 06 Nov 2022
His quest for higher education made him set his eyes on Canada but unfortunately, was denied a student visa several timesThe post Meet Chukwuemeka Afigbo who bounced back from several Canadian visa denials to bestride Google, Facebook and Okta like a colossus appeared first on Nairametrics.
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Lagos diverts traffic on Eko Bridge/Ebute Ero axis due to fire incident
Sun, 06 Nov 2022
Lagos State Government has announced traffic diversion from Ebute-Ero/Apongbon inwards Costain Ijora Olopa section of Eko Bridge with effect from November 5, 2022.The post Lagos diverts traffic on Eko Bridge/Ebute Ero axis due to fire incident appeared first on Nairametrics.
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Low diversification of PFA investments, a major challenge for Nigerian pension industry ' Report
Sun, 06 Nov 2022
Nigeria's Pensions industry is a key segment of the economy that is delivering benefits to retirees, employers, and governmentsThe post Low diversification of PFA investments, a major challenge for Nigerian pension industry ' Report appeared first on Nairametrics.
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AfDB signs $50m deal with FCMB
Sun, 06 Nov 2022
The African Development Bank (AfDB) has signed an agreement with First City Monument Bank (FCMB) for a 50-million-dollar line of creditThe post AfDB signs $50m deal with FCMB' appeared first on Nairametrics.
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Twitter co-founder, Jack Dorsey, apologises to staff fired by Elon Musk
Sun, 06 Nov 2022
Many of the affected staff members were angry at him because he led them into the present situationThe post Twitter co-founder, Jack Dorsey, apologises to staff fired by Elon Musk appeared first on Nairametrics.
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Fidson Healthcare reports rising profits amidst challenges in the pharmaceutical industry under Fidelis Ayebae
Sun, 06 Nov 2022
Fidson established its first local manufacturing facility in July 2002 and later became the first business in sub-Saharan Africa to produce antiretroviral medicationsThe post Fidson Healthcare reports rising profits amidst challenges in the pharmaceutical industry under Fidelis Ayebae' appeared first on Nairametrics.
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Twitter begins testing $8 monthly 'blue tick' subscription service on iOS
Sun, 06 Nov 2022
Users who subscribe for the Twitter Blue service will, among other benefits, become 'verified'The post Twitter begins testing $8 monthly blue tick subscription service on iOS appeared first on Nairametrics.
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Parallel market exchange rate now double official rate as traders point to N900/$1
Sat, 05 Nov 2022
The exchange rate between the naira and dollar sold for N900/$1 according to a cross-section of dealers who claimed to have traded on Saturday 5th November 2022.The post Parallel market exchange rate now double official rate as traders point to N900/$1 appeared first on Nairametrics.
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Okomu Oil Palm suffers 52% profit decline due to high cost of sales.
Sat, 05 Nov 2022
Okomo Oil, Nigeria's biggest producer of crude palm oil and the second biggest producer of rubber has released its Q3-2022 results, reporting a 52% decline in pre-tax profit to N1.1 billion down from N2.3 billion recorded in Q3-21. The result is on the back of sustained supply chain/price disruptions of CPO in the international market []The post Okomu Oil Palm suffers 52% profit decline due to high cost of sales. appeared first on Nairametrics.
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Jim Ovia, Zenith Bank's Chairman, is celebrating his 71st birthday today
Sat, 05 Nov 2022
President Buhari called him a "beloved citizen" and praised him for his immense contributions to the Nigerian economyThe post Jim Ovia, Zenith Banks Chairman, is celebrating his 71st birthday today appeared first on Nairametrics.
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FUGAZ investors gain N5.9 billion during the week
Sat, 05 Nov 2022
The Nigerian Exchange Limited (NGX) closed positive week-on-week as ASI appreciated by 0.81% to close at 44,269.18The post FUGAZ investors gain N5.9 billion during the week appeared first on Nairametrics.
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5 important laws governing Nigeria's agricultural sector you should know
Sat, 05 Nov 2022
The agriculture sector remains very important to the Nigerian economy, contributing about 23.24% of GDP in Q2 2022The post 5 important laws governing Nigerias agricultural sector you should know appeared first on Nairametrics.
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Layoffs: Elon Musk says Twitter is losing $4 million per day due to large workforce
Sat, 05 Nov 2022
He, however, did not explain how exactly the company's large workforce is causing the lossThe post Layoffs: Elon Musk says Twitter is losing $4 million per day due to large workforce appeared first on Nairametrics.
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Luxembourg is offering work visas for skilled foreigners and companies are hiring
Sat, 05 Nov 2022
The European country has the lowest unemployment rate and pays the highest minimum wage in EuropeThe post Luxembourg is offering work visas for skilled foreigners and companies are hiring' appeared first on Nairametrics.
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Weekly Stock Update: Nigerian Exchange records 0.81% growth w-o-w
Sat, 05 Nov 2022
This brings the month-to-date performance of the Nigerian stock market to 0.98% and a year-to-date gain of 3.63%The post Weekly Stock Update: Nigerian Exchange records 0.81% growth w-o-w appeared first on Nairametrics.
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Nigeria's Minister of Environment to represent Buhari at COP 27
Sat, 05 Nov 2022
COP 27 will take place in Sharm el-Sheikh, Egypt, from November 6 to November 18, 2022The post Nigeria's Minister of Environment to represent Buhari at COP 27 appeared first on Nairametrics.
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What Peter Obi can achieve by reviving the textile industry
Sat, 05 Nov 2022
Oshiomhole once argued that if revitalised, the textile industry could attract Foreign Direct Investment (FDI) for massive industrialization in the countryThe post What Peter Obi can achieve by reviving the textile industry appeared first on Nairametrics.
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Insecurity: Kaduna State says 446 people killed, 985 kidnapped from Q2 to Q3 2022
Sat, 05 Nov 2022
Funding for the bandits are ransomed from kidnapped hostages, gun running, and leasing of weapons to groupsThe post Insecurity: Kaduna State says 446 people killed, 985 kidnapped from Q2 to Q3 2022 appeared first on Nairametrics.
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ASUU Strike: University of Jos lecturers to suspend classes until full salaries are paid
Sat, 05 Nov 2022
Some lecturers claimed they were paid only 15 days' worth of salaryThe post ASUU Strike: University of Jos lecturers to suspend classes until full salaries are paid appeared first on Nairametrics.
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NGX closes positive with market cap up N18 billion
Sat, 05 Nov 2022
Market breadth closed positive as FTN COCOA led 10 gainersThe post NGX closes positive with market cap up N18 billion appeared first on Nairametrics.
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4 months after suspension, Dana Air is set to resume flight services
Sat, 05 Nov 2022
The airline claimed it is now well positioned to sustain its safety record despite the current challenges and hostile economic environment in the Nigerian aviation industryThe post 4 months after suspension, Dana Air is set to resume flight services appeared first on Nairametrics.
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Governor Wike increases number of special assistants to 200,000
Sat, 05 Nov 2022
The governor of Rivers State has increased the number of his special assistants on political unit affairs from 100,000 to 200,000.The post Governor Wike increases number of special assistants to 200,000 appeared first on Nairametrics.
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NYSC reports fire outbreak at headquarters in Abuja
Fri, 04 Nov 2022
The NYSC pointed out that the fire incident was limited to the 3rd floor of the complexThe post NYSC reports fire outbreak at headquarters in Abuja appeared first on Nairametrics.
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#BoycottTampax' Trends On Twitter After Viral Tweet From Tampon Company - Forbes
Wed, 23 Nov 2022
Some targeted the company for what they saw as gender inclusive pronouns in the post, while others were angry that it 'sexualized' users.
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16.5% interest rate: Private sector predicts factories shutdown, higher bad loans - Punch
Wed, 23 Nov 2022
The Monetary Policy Committee of the Central Bank of Nigeria has raised the benchmark interest rate from 15.5 to 16.5 per cent in order to rein in inflation and maintain economic stability. Speaking at the end of a two-day Monetary Policy Committee meeting on Tuesday in Abuja, the CBN Governor, Godwin Emefiele, said the committee Read More
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17 Ways to Make Extra Income While Working for Minimum Wage - Entrepreneur
Wed, 23 Nov 2022
In the current state of the world, it is nearly impossible to survive on a minimum wage salary. Even if you work 40 hours a week, you will likely land...
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3 senators call for DOJ to potentially unwind the Ticketmaster and Live Nation merger: 'High prices and labyrinth-like ticketing process for Taylor Swift's Eras tour are clear examples of the harms consumers face - Business Insider
Wed, 23 Nov 2022
3 senators call for DOJ to potentially unwind the Ticketmaster and Live Nation merger: 'High prices and labyrinth-like ticketing process for Taylor Swift's Eras tour are clear examples of the harms consumers face
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30 Of The Best Black Friday And Cyber Monday Travel Deals For 2023 - Forbes
Wed, 23 Nov 2022
This weekend could be the opportunity to find a great deal for travel both during the holidays and for 2023. Here are some of the best Black Friday and Cyber Monday travel deals to save you major cash on hotels and resorts around the world.
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48 Hours In Oklahoma City: The Top Things To Do, See, And Eat - Forbes
Wed, 23 Nov 2022
For a midsized city with over 680,000 residents, Oklahoma City has plenty to do, see, and eat.
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50 Cent: Taking Over TV, Sports, And Now, Teaching Kids How To Hustle - Forbes
Wed, 23 Nov 2022
Class is in session. Your professor' Curtis '50 Cent' Jackson. The subject' Hustling.
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7 ways to troubleshoot when Facebook isn't sending a security code - Business Insider
Wed, 23 Nov 2022
7 ways to troubleshoot when Facebook isn't sending a security code
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A 2nd woman who said Herschel Walker forced her to have an abortion said he has caused 'collateral damage' with his denial of their relationship: 'All I can do is tell the truth - Business Insider
Wed, 23 Nov 2022
A 2nd woman who said Herschel Walker forced her to have an abortion said he has caused 'collateral damage' with his denial of their relationship: 'All I can do is tell the truth
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A breakdown of gun terminology to help you in discussions on mass shootings and debates over gun control - Business Insider
Wed, 23 Nov 2022
A breakdown of gun terminology to help you in discussions on mass shootings and debates over gun control
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A cat snuck into a Delta passenger's suitcase and was found by TSA in an X-ray image - Business Insider
Wed, 23 Nov 2022
A cat snuck into a Delta passenger's suitcase and was found by TSA in an X-ray image
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A Yeezy employee said Kanye West frequently compared shoes to sex: 'Something that you were so into that you would wanna have an intimate relationship - Business Insider
Wed, 23 Nov 2022
A Yeezy employee said Kanye West frequently compared shoes to sex: 'Something that you were so into that you would wanna have an intimate relationship
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A'Ibom Takes Delivery Of Two New A320 Aircraft For Ibom Air - Daily Independent
Wed, 23 Nov 2022
Ibom Air, Akwa Ibom State-owned airline, has taken delivery of two new A320 aircraft in preparation for the commencement of regional flight operations. While receiving the 'huge white birds', on Tuesday at the Victor Attah International Airport in Uyo, Governor Udom Emmanuel announced that Ibom Air was now set to commence flight operations to countries []
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Aaron Judge Heads Home For The Holidays And Let The Speculation Begin - Forbes
Wed, 23 Nov 2022
Aaron Judge headed home for the holidays to San Francisco. He also happens to be a prominent free agent this offseason.
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Accenture's Tech Talent Program is inviting participants to learn SAL, software engineering, AI, more - Nairametrics
Wed, 23 Nov 2022
It enables participants to match their ingenuity with the latest technology to make incredible things happenThe post Accenture's Tech Talent Program is inviting participants to learn SAL, software engineering, AI, more appeared first on Nairametrics.
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Actress Quincy Tyler Bernstine Finds A Chilling Role In 'Evanston Salt Costs Climbing - Forbes
Wed, 23 Nov 2022
Will Arbery's play shows how life teeters on the brink.
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Adesanmi: I Passion Drives Me To Empower The Less Privileged - Daily Independent
Wed, 23 Nov 2022
Pastor Adejuyigbe Adesanmi is the founder of Mercy Crystal Empowerment Initiative, a non-governmental organisation (NGO) that empowers young people with skills to make them self-reliant life. The initiative also provides succour to widows and widowers in society by giving them funds to start a business. In his chat with Ikechi Nzeako, Aesanmi spoke on the []
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AfCFTA agreement alone cannot guarantee African industrialisation - Guardian
Wed, 23 Nov 2022
As Nigeria and other African countries commemorate this year's industrialisation day, stakeholders within the continent have emphasised the need for an improved business and investment environmentThe post 'AfCFTA agreement alone cannot guarantee African industrialisation' appeared first on The Guardian Nigeria News - Nigeria and World News.
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AfDB, AU sign $9.73m agreement to drive digital market - New Telegraph
Wed, 23 Nov 2022
The African Union Commission (AUC) and the African Development Bank (AfDB) have signed a grant agreement to implement Phase 1 of the Upstream Project for Digital Market Development in Africa. According to a press release, the signing ceremony took place on Friday at AUC Headquarters in Addis Ababa, Ethiopia. The AUC Commissioner for Economic Development, []
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Alex Jones Must Pay Nearly $50 Million For Sandy Hook Conspiracies, Texas Judge Rules - Forbes
Wed, 23 Nov 2022
Between Connecticut and Texas, Jones has been ordered to pay well over $1 billion for defamatory comments about the Sandy Hook massacre.
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America's federal government has ruthlessly crushed organised crime - The Economist
Wed, 23 Nov 2022
But there are some unintended consequences of this success
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An appeals court sounded skeptical of Donald Trump's arguments in the Mar-a-Lago records dispute - Business Insider
Wed, 23 Nov 2022
An appeals court sounded skeptical of Donald Trump's arguments in the Mar-a-Lago records dispute
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An LGBTQ-owned auto shop started an online fundraiser to cover $25,000 in funeral costs for Club Q shooting victims. In 2 days, donors raised nearly $700,000. - Business Insider
Wed, 23 Nov 2022
An LGBTQ-owned auto shop started an online fundraiser to cover $25,000 in funeral costs for Club Q shooting victims. In 2 days, donors raised nearly $700,000.
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Another Answer To The Teacher Shortage - Forbes
Wed, 23 Nov 2022
One student maximized the dual enrollment opportunities offered by his school to earn his diploma, and his Bachelor's, in just four years.
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Antioxidant-Rich Foods'Like Kale, Tea, Broccoli'Could Slow Rate Of Memory Decline, Study Suggests - Forbes
Wed, 23 Nov 2022
A group of over 950 people was followed and tested for an average of seven years.
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Apex bank's agric interventions propel Nigeria's rice export quest - New Telegraph
Wed, 23 Nov 2022
Nigeria's quest to become a major exporter of rice seems on course; thanks to the Central Bank of Nigeria's interventions in the agricultural sector, writes Tony Chukwunyem According to agency reports last week, the Rice Farmers Association of Nigeria (RIFAN) recently signed a Memorandum of Understanding (MoU) with Tiamin Rice Company for processing and sale []
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Apple And Google Challenged By UK Regulator Over Mobile Dominance - Forbes
Wed, 23 Nov 2022
Google and Apple are being investigated by UK authorities over an "effective duopoly" of mobile browser technology.
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Apple Users Report Serious iCloud Problem Corrupts Files, Adds Photos Of Strangers - Forbes
Wed, 23 Nov 2022
Some iCloud users are reporting serious issues, including corrupted videos that now contain still images taken by unknown people.
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As Hong Kong Prepares For The New Virtual Assets Era, It Must Embrace Innovative Dispute Resolution - Forbes
Wed, 23 Nov 2022
If Hong Kong is to propel itself into the direction of being a hub of virtual assets, it must quickly evolve to be prepared to deal with a raft of novel legal issues when ambitious ventures fail, which a lot of them unfortunately will.
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Audible Premium Plus is only $6 a month for 4 months right now as an early Amazon Black Friday deal - Business Insider
Wed, 23 Nov 2022
Audible Premium Plus is only $6 a month for 4 months right now as an early Amazon Black Friday deal
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BATISHE Medical Outreach Anambra - Nairametrics
Wed, 23 Nov 2022
Many influential individuals also graced the occasion to give all their supportThe post BATISHE Medical Outreach Anambra appeared first on Nairametrics.
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Best Black Friday Garmin Deals: Save Up To $220 On Premium Smartwatches - Forbes
Wed, 23 Nov 2022
Garmin watches are available in a wide array of price points year-round'but especially during major sale events like Cyber Week. Check out these Black Friday deals we've discovered so far on a variety of popular Garmin smartwatches.
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Best no medical exam life insurance of 2022 - Business Insider
Wed, 23 Nov 2022
Best no medical exam life insurance of 2022
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Beware The Interaction Between Currency And Equity Markets - Forbes
Wed, 23 Nov 2022
The US dollar (USD) has had a strong year versus most currencies in the world.
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Biden extends the student-loan payment pause for another 6 months at most as his debt relief remains blocked in court - Business Insider
Wed, 23 Nov 2022
Biden extends the student-loan payment pause for another 6 months at most as his debt relief remains blocked in court
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Biden Pauses Student Loan Payments Through June - Forbes
Wed, 23 Nov 2022
The Department of Education will extend the suspension on payments toward federally held student loans for an additional six months, as President Joe Biden's plan to permanently forgive many Americans' student loan debt remains tied up in the courts.
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Breaking Down Mental Health In The Entertainment Industry Post Pandemic - Forbes
Wed, 23 Nov 2022
Usually, at the forefront of movements, the entertainment industry seems to be in catch-up mode, as stark revelations from surveys and personal anecdotes reveal a sometimes unpleasant environment for mental health.
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Brewers' Offseason Makeover Continues As Hunter Renfroe Heads To The Angels For Three Pitchers - Forbes
Wed, 23 Nov 2022
Hunter Renfore had a big season for the Milwaukee Brewers in 2023, but with Renfroe set to earn around $11 million and a logjam of talented young outfield prospects ready for their shot, Milwaukee dealt the veteran slugger to the Angels to bolster its pitching depth.
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Buhari inaugurates $3bn oil exploration project in North-East - Punch
Wed, 23 Nov 2022
The President, Major General Muhammadu Buhari (retd.), on Tuesday, flagged off the commercial production of crude oil and gas from the $3bn Kolmani Integrated Development Project. Located along the fields of Gombe and Bauchi, the Kolmani project, with Oil Prospecting Licence 809 and 810, lie in the Gongola Basin of the Upper Benue Trough, straddling Read More
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Buhari to unveil new naira notes Wednesday - BusinessDay
Wed, 23 Nov 2022
The Central Bank of Nigeria (CBN) has revealed the new naira will be unveiled by President Muhammadu Buhari on Wednesday, November 23. Godwin Emefiele, the CBN Governor made this announcement during the presentation of the 145th communique, following the two days meeting of the Monetary Policy Committee (MPC). He added that over time the circulation []read more Buhari to unveil new naira notes Wednesday
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Buhari: Despite decline in fossil fuel funding, we got over $3bn investment for Kolmani project - The Cable
Wed, 23 Nov 2022
President Muhammadu Buhari says the Kolmani Integrated Development Project (KIPRO) has attracted investments worth over $3 billion. The project, situated in the boundary of Bauchi and Gombe states, is the0 commentRead Full Article
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Building A Self-Development Business That Prioritizes Education - Forbes
Wed, 23 Nov 2022
Businesses face increased mental health concerns affecting work production and the bottom line. The stressors facing individuals often result in negative emotions that affect all aspects of their lives.
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Butterball CEO Not Worried Chicken Will Replace Thanksgiving Turkey - Entrepreneur
Wed, 23 Nov 2022
Price increases are spooking consumers into sticking with what they know.
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CBN raises rate to 16.5%, unveils new naira notes - BusinessDay
Wed, 23 Nov 2022
The Central Bank of Nigeria (CBN) raised the Monetary Policy Rate (MPR), the benchmark interest rate, by 100 basis points on Tuesday to 16.5 percent to fight inflation. The fourth straight rate hike this year was announced after the two-day meeting of the Monetary Policy Committee (MPC) in Abuja. Godwin Emefiele, governor of the CBN, []read more CBN raises rate to 16.5%, unveils new naira notes
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CBN responds to flooding with release of strategic grains reserves - Nairametrics
Wed, 23 Nov 2022
The apex bank will also support farming during the dry season to boost food productionThe post CBN responds to flooding with release of strategic grains reserves appeared first on Nairametrics.
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China wants to 'sinicise' its Catholics - The Economist
Wed, 23 Nov 2022
The campaign is spreading to Hong Kong
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Coming Soon: Lower Oil Prices Courtesy Of A Slowing Global Economy - Forbes
Wed, 23 Nov 2022
It is likely that the price of crude oil, which has remained between $80 and $90 per barrel for quite some time, will break to the downside as economic conditions deteriorate.
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ComplexCon 2022 Exhibits A 'New Balance' In Sneaker Culture - Forbes
Wed, 23 Nov 2022
This year at ComplexCon, New Balance earned its spot on the Sneaker of the Year List, with a broad presence at the streetwear conference.
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Country Risk Index: Nigeria ranks 4th in West, Central Africa - New Telegraph
Wed, 23 Nov 2022
Nigeria's country risk of 46.6 ranks it fourth among five top West and Central African countries, Fitch Solutions latest Risk Index Table shows. According to the data, Ghana's country risk of 53.1 ranks it as the best among the five countries, with Gabon coming 2nd in the country risk Index with a score of 49.0 []
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Cristiano Ronaldo's Departure Gives Erik Ten Hag Complete Control At Manchester United - Forbes
Wed, 23 Nov 2022
Cristiano Ronaldo's departure from Manchester United was confirmed on Tuesday, ending a difficult episode for the Premier League club.
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Cristiano Ronaldo's Time At Manchester United Comes To A Sad End - Forbes
Wed, 23 Nov 2022
The Portuguese legend has had his contract at Old Trafford cancelled with immediate effect.
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Cryptos: IMF calls for better regulations in Nigeria, others - BusinessDay
Wed, 23 Nov 2022
The International Monetary Fund (IMF) has said the growing crypto market in Nigeria and other Africa countries needs better regulations. 'The collapse of the world's third largest crypto exchange FTX, and subsequent plunge in the prices of Bitcoin, Ethereum, and other major crypto assets, is prompting renewed calls for greater consumer protection and regulation of []read more Cryptos: IMF calls for better regulations in Nigeria, others
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Curtain closes on Ronaldo as Man Utd pulls plug off his contract - BusinessDay
Wed, 23 Nov 2022
Manchester United have terminated their contract with Cristiano Ronaldo. The three-time European Champions League winner made the announcement about their decision to call it quits with their Portuguese legend, who only rejoined the club for a second spell in August 2021, via their official Twitter handle (@ManUtd). It read, Cristiano Ronaldo is to leave Manchester []read more Curtain closes on Ronaldo as Man Utd pulls plug off his contract
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Dangote Sugar boosts its $700m investment; increases Numan sugar plantation by 179% to 24,200 hectares - Nairametrics
Wed, 23 Nov 2022
President of the Dangote Group, Alhaji, Aliko Dangote, has announced that the Dangote Sugar Refinery (DSR) Plc is significantly scaling up its investment in the sugar sub-sector in line with the requirement of the Nigeria Sugar Master plan (NSMP). Speaking at the Flag off Ceremony of the 2022/2023 Crushing Season and Outgrower Scheme Awards in []The post Dangote Sugar boosts its $700m investment; increases Numan sugar plantation by 179% to 24,200 hectares appeared first on Nairametrics.
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Derivation Arrears: Bayelsa State claims it was 'under-paid' as Wike reveals source of financing - Nairametrics
Wed, 23 Nov 2022
It is costlier to build a one-kilometre road in Yenagoa than four kilometres elsewhereThe post Derivation Arrears: Bayelsa State claims it was 'under-paid' as Wike reveals source of financing appeared first on Nairametrics.
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Does Lemuel Plummer's Zeus Network Represent Everything That Is Wrong With How Black People Are Portrayed On Television - Forbes
Wed, 23 Nov 2022
Some might find the Zeus Network highly entertaining. But others argue that the network's series further perpetuates anti-Blackness and sexist and heterosexist tropes, and are calling for more multi-dimensional and accurate representations of Blackness on television.
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Dtech IPO In Shenzhen Mints New China Billionaire Couple - Forbes
Wed, 23 Nov 2022
China is home to the world's second-largest number of billionaires after the United States
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DW is set to train journalists from developing countries to become multimedia reporters and editors - Nairametrics
Wed, 23 Nov 2022
DW is a German international broadcasting multimedia organisation producing in-depth content in 30 languages worldwideThe post DW is set to train journalists from developing countries to become multimedia reporters and editors appeared first on Nairametrics.
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EA Sports College Football Gets A Release Date...Sort Of - Forbes
Wed, 23 Nov 2022
If you're like many of us who love sports video games, you've gotten wind of the return of college football titles coming soon from EA, but without the NCAA license.
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