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Category: Business

Business Economy headline

Binance ends all Naira services

Iheanyi Ejiofor March 5, 2024 No Comments #Biancenaira

Our reporter/ Cryptocurrency exchange Binance has ended its naira services, the company said on Tuesday. It listed the timeline, asking users to take needed action. “Users are encouraged to withdraw…

Read More Binance ends all Naira services
Business Economy headline

Adopt the Zimbabwean model to tame inflation, Obasanjo tells FG

Iheanyi Ejiofor March 5, 2024 No Comments #inflation#Obasanjo#Zimbabwe model

Our reporter/ Elder statesman and former President Olusegun Obasanjo has advised the federal government to adopt the Zimbabwean model to weather the current storm of galloping inflation. He made the…

Read More Adopt the Zimbabwean model to tame inflation, Obasanjo tells FG
Business Economy

CBN reduces Customs FX duty rate by 5.3% as naira stabilies

Iheanyi Ejiofor March 4, 2024 No Comments #CBN#Customs FX duty rate

Our reporter/ The Central Bank of Nigeria (CBN) has reduced Customs FX duty rate by 5.3% to N1,544.081/$ due to stable naira-to-dollar exchange. This marks an N86.078 decrease from the…

Read More CBN reduces Customs FX duty rate by 5.3% as naira stabilies
Business Economy headline

Why some SIM cards previously linked to NIN were barred – NCC

Iheanyi Ejiofor March 4, 2024 No Comments #NCC#NIN#SIM

Our reporter/ The Nigerian Communications Commission (NCC) has explained that “people who probably didn’t get a cleared or verified NIN” have been barred because “the earlier ones they submitted was…

Read More Why some SIM cards previously linked to NIN were barred – NCC
Business Economy headline

Dangote Sugar targets 1.5mt annually from locally grown sugarcane

Iheanyi Ejiofor March 4, 2024 No Comments #Dangote Sugar#sugarcane

…Posts N441.5billion revenue in 2023 full year The Backward Integration Policy of the Federal Government on Sugar will soon have a significant impact on Sugar production in Nigeria, as the…

Read More Dangote Sugar targets 1.5mt annually from locally grown sugarcane

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