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Business

Nigerian Cocoa Exports Boom Thanks to High Demand and Weak Naira

Nigeria's cocoa exports skyrocketed by 304% in the first quarter of 2024, driven by two key factors: increased global demand and a weaker Nigerian...
Business

Fidson Healthcare’s Share Price Plummets 25% After Disappointing Q2 Results

Fidson Healthcare Plc's stock has fallen to a 52-week low of ₦12.5 per share, marking a 25% decline from its year-end high of ₦17...
Business

Dangote Loses Top Spot as Rupert Becomes Africa’s Richest Man

Johan Rupert, the South African billionaire and chairman of the luxury goods company Richemont, has reclaimed his title as Africa’s richest man. This comes...
Business

MTN Offers Investment Potential Despite Recent Challenges

MTN, a leading telecommunications company in Africa, is presenting a compelling investment opportunity, according to Victor Mupunga, head of research at Old Mutual Wealth...
Business

AMCON Proposes Merging Arik and Aero Contractors to Form National Carrier

The Asset Management Corporation of Nigeria (AMCON) is considering a bold plan to merge Arik Air and Aero Contractors, two struggling airlines, to create...
Business

Nigeria’s Non-Oil Sector Leads Economic Growth in Q2 2024

Nigeria's economy showed solid growth in the second quarter of 2024, with the Gross Domestic Product (GDP) increasing by 3.19% compared to the same...
Technology

Nigerian Fintech Loses ₦146 Million in Fraud Recovery Funds

A shocking incident has exposed the vulnerability of financial institutions in Nigeria. A local fintech company lost ₦146,188,208 (approximately $317,200) in recovered funds to...
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Governor Alex Otti Vows to Strengthen Abia State’s Security Measures

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Governor Alex Otti of Abia State has reaffirmed his...

University of Ibadan Honors Wole Soyinka with New Institute on 76th Anniversary

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In celebration of its 76th Foundation Day, the University...

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