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Tuesday, June 28, 2022

Publiseer Gets Accepted Into Accelerator in New York

Africa's digital content distribution company, Publiseer, has been accepted into the Starta Accelerator Batch 13 Spring 202 program in New York, a soft landing...

FG Spends N1.243tn Monthly As Fuel Subsidy Costs N600/litre

The amount paid by the Federal Government as a subsidy on each litre of Premium Motor Spirit, often known as petrol, used in Nigeria...

FBNQuest Merchant Bank, USAID To Support Youth-Powered Ecosystem

In line with its commitment to deliver impactful community-focused initiatives, FBNQuest Merchant Bank, the investment banking and asset management subsidiary of FBN Holdings Plc,...

Nigerian Manufacturers Have Reduced The Quality Of Their Products – World Bank

Nigerian manufacturers have significantly reduced their products' quality due to high and persistent inflation. This is according to World Bank. In the June 2022 edition of...

MTN’s MoMo PSB In N23bn Fraud Scandal One-month After Launch

Momo Payment Service Bank Limited (MPSBL), the FinTech subsidiary of MTN Nigeria Communications Plc, has been enmeshed in a N23 billion scandal following a system...

Investors Execute N3.02tn On FGN Bonds In Six Months

According to a review of the FGN Bond Auction data accessible on the Debt Management Office's website, the Federal Government borrowed N3.02tn from bond...

PenCom Pension Assets Surges, Hits N14.2tn In May

According to numbers issued on Friday by the National Pension Commission (PenCom), total assets under the Contributory Pension Scheme increased to N14.2 trillion in...

Factors To Consider When Looking To Grow Your Business

By Adedayo Oluwafemi; a Lagos-based SME consultant and growth hacker. The term hustle means different things to different people. For some, hustle represents the push...

Cellulant Recognised In Nigeria For Its ‘Tingg’ Platform

Africa's leading payments company, was recognised as the Payment Platform Solutions Provider of the Year in Nigeria at the 13th Beacon of ICT Awards...

FG Saves Over N10trn Through Treasury Single Account Implementation

The federal government has disclosed that over N10 trillion have been saved since the Muhammadu Buhari-led administration introduced the Treasury Single Account (TSA). The Director-General...

Monthly Forex Inflows Down 37% To $4.36b Over TSA

Nigeria reported a decrease in net foreign exchange inflows in January this year, owing mostly to net flows from the Central Bank of Nigeria...

FG Investigates NNPC Officials Over $49m Refineries Contract

The House of Representatives Ad Hoc Committee on the State of Refineries in Nigeria has criticized a $49 million contract given to Technimont to...

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