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Business and Economy

Gateway Trade Fair: OGUNCCIMA lauds Dangote Group’s collaboration…As Group’s subsidiaries offer products at subsidised prices

    The Ogun State Chamber of Commerce, Industry, Mines and Agriculture (OGUNCCIMA) has commended the Pan African Conglomerate, Dangote Group (www.Dangote.com) for its giant strides in the economic development of the country through massive investments in several sectors of the economy describing the feat as worthy of emulation by …

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Nigerian banks are not creating wealth, they’re chasing deposits, says Umahi

 Governor David Umahi of Ebonyi State has challenged banks in Nigeria to create wealth instead of degenerating into only issues of depositing money in the banks. Umahi made his feeling known during an interactive meeting he had with CBN Financial inclusion strategy Implementation team at  the Government House,Abakaliki on Thursday. …

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5 Ways to protect your devices from WannaCrypt Pandemic

With the world reeling from the WannaCrypt attack–an ongoing cyber-attack of the WannaCry ransomware computer worm targeting the Microsoft Windows operating system – fears are rife that the viral attack may soon spread to Nigeria, with dire implications for individuals and businesses whose devices are compromised. Described as unprecedented in …

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Weststar announces return of FIAT to Nigeria, Makers of Ferrari and Maserati – Also unveils one of its new models, The FIAT Tipo

Weststar Associates Limited, (Authorized General Distributors of Mercedes-Benz, Chrysler, Jeep, Dodge, and Ram in Nigeria) has confirmed the arrival of the much-anticipated Italian brand – FIAT in Nigeria. Plans are already in motion to officially launch the first model to return – the ‘FIAT Tipo’. This makes Weststar also the …

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DMO: Why we are targeting all Nigerians in new FGN Savings Bond

As a leap towards strengthening the recently launched Federal Government’s Economy Recovery and Regeneration policy, the Debt Management Office (DMO), Abuja Thursday took President Muhammadu Buhari’s campaign for new investment opportunity for all Nigerians to Ibadan, Oyo state capital. It is codenamed “Federal Government of Nigeria Savings Bond (FGNSB)”. The …

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New CEO for YUDALA

  Yudala, Nigeria’s fastest growing composite e-commerce outfit, has announced the strategic appointment of Mr. Wole Ogundare as Chief Executive Officer. The appointment takes effect from May 1st 2017. Wole Ogundare’s appointment comes barely a week after the company announced its acquisition of Yes Mobile, a cosmopolitan high-value retail outfit …

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Naira to appreciate ahead of heavy injection of Forex by CBN ….as forex availability excites manufacturers, other stakeholders

Strong indications emerged over the weekend that the Central Bank of Nigeria (CBN) is set to inject more foreign exchange through intervention segments of the market thereby heightening expectations that the Naira will appreciate significantly during the week. The expectations became rife following the inability of the authorized dealers to …

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