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  • December 22, 2024: Black Market Dollar to Naira Exchange Rate in Lagos, FCT
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    Naira Appreciate, Gains At Official, Parallel Markets

    The naira began this week continuing its appreciation at the parallel market where it closed Monday’s trading activities selling at N1,650 to the dollar, a N10 or 0.6 per cent increase in value compared to N1,660 which it closed last week. However, on the official end of the foreign exchange market, the value of the […] More

  • Cryptocurrency: DOGE May Soon Join Tesla, Walmart, and BlackRock In Blockchain Push
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    Cryptocurrency: DOGE May Soon Join Tesla, Walmart, and BlackRock In Blockchain Push

    The agency may use a digital ledger as means to “squeeze costs out of government,” insiders with knowledge on the new Department of Government Efficiency’s inner deliberations have told US business media. Blockchain, originally popularized by Bitcoin, could be used to track federal spending, secure data, make payments, and even manage buildings, sources told Fortune. […] More

  • MTN Face Severe Disruption Amid #EndBadGovernance: Report
    in

    50% Telecom Increase: MTN, Airtel, Glo, 9mobile Release New Prices For Data, Voice Calls, SMS

    Barely few days after the Nigerian Communications Commission (NCC) approved a 50 per cent tariff increase for telecom services in the country, leading telecom operators, including MTN, Glo, Airtel and 9mobile have revised their prices for data, SMS and voice calls upward. For MTN, the price for 25GB now stands at N9,750 (previously N6,500), while […] More

  • December 22, 2024: Black Market Dollar to Naira Exchange Rate in Lagos, FCT
    in

    Naira Crashes Against Dollar At Official, Black Markets

    The Nigerian currency, the naira, continued to react negatively to the assumption of office of Donald Trump as the 47th President of the United States by depreciating marginally against the dollar at both the official window and parallel market on Tuesday, January 21, 2025. FMDQ data showed that the naira depreciated to N1,552.78/$1 on Tuesday, […] More

  • Marketers: Petrol Prices Will Drop Below ₦500 Per Litre In 2025
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    Dangote Refinery Confirmed An Increase In The Ex-depot Price

    Dangote Refinery has confirmed an increase in the ex-depot price, raising it from N899.50 to N950 per litre. Says the adjustment is attributed to the rise in global crude oil prices, with Brent Crude increasing from $70 to $82. Added that Ardova, Heyden, and Mfrs Holdings will provide petrol to Nigerians at a nationwide retail […] More

  • Ibronke-Omolokun: Why I Left The US For Nigeria To Start A Food Business
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    Ibronke-Omolokun: Why I Left The US For Nigeria To Start A Food Business

    According to Vanguard News, Temitope Ibronke-Omolokun, a Nigerian-American entrepreneur, relocated from the United States to Nigeria to establish her hospitality business, The Motherland Kitchen Nigeria Ltd. Specializing in online food delivery, her company collaborates with platforms like Chowdeck and Orda Africa, offering both local and intercontinental cuisines delivered to customers’ doorsteps in 30-35 minutes. In […] More

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    2024: Inflation Rises To 34.80% In December

    Nigeria’s Headline Inflation recorded a marginal increase of 0.20% in the month of December, increasing to 34.80 percent from 34.60 in November 2024. A report by the National Bureau of Statistics (NBS) said the increase was due to December festive period increases in demand for goods and services. According to the NBS, on a year-on-year […] More

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    After 2024 Massive Achievements, NCS Target N12 trillion In Revenue For 2025

    NCS- Customs aims to generate N6.58 trillion in revenue for 2025, having collected N6.11 trillion in 2024. Meanwhile, the National Assembly anticipates a revenue target of N12 trillion for Customs in the appropriation bill for 2025. The Comptroller-General of Customs (CGC), Bashir Adewale Adeniyi, revealed yesterday that the agency achieved a remarkable revenue milestone of […] More

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