The Nigerian currency. the naira has continued to surge against the dollar in the official and parallel markets despite falling crude oil prices and forex reserves.
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Lagos State issues new directive to regularize property titles for house owners
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NLC moves to enforce minimum wage compliance in private sector
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Cooking Gas prices surge by 32.5% in one year, reach all-time high in 2025
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Lagos state declares end of single-use plastic, begins sealing shops as 180-day amnesty ends
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CBN fixes new dollar rate for importers as naira gains Close official and black market gap
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Taiwan blocks Uber-Foodpanda merger over monopoly concerns
Taiwan has rejected ride-hailing giant Uber's plan to buy Delivery Hero's Foodpanda on the island, stating on Wednesday that the deal would significantly harm market competition. The US ride-hailing giant was aiming to acquire Foodpanda Taiwan by the first half of 2025 for US$950 million, merging the top two players in Taiwan's food delivery market.
Naira trades at new rates in an official window as Nigeria’s FX reserves grows
The Nigerian currency, the naira depreciated marginally on Tuesday, December 24, 2024, in the official window, trading at N1,540.65 per dollar, down from N1,535.
Panamanians protest 'public enemy' Trump's canal threat
Protesters in Panama on Tuesday burned an image of US President-elect Donald Trump following his threat to demand control of the country's interoceanic canal be returned to Washington. If Panama could not ensure "the secure, efficient and reliable operation" of the channel, "then we will demand that the Panama Canal be returned to us, in full, and without question," he said.
How Zacch Adedeji broke record of tax administration in Nigeria in 2024
The Federal Inland Revenue Service (FIRS) has unveiled the strategies employed by its Executive Chairman, Zacch Adedeji to deliver exceptional records.
Airtel Africa to give $100 million to shareholders via share buyback
Airtel Africa has launched another share buyback deal to give $100 million to investors. The deal will see Airtel buy back its shares from investors.
Sanwo-Olu to build 2,200 houses for police, donates 260 patrol vehicles, bulletproof vests
Lagos state government has commenced building 2,200 housing units for members of the Nigerian Police and also donated police vehicles, bulletproof vests, and more.
Investors swoop in to save German flying taxi startup
A German flying taxi startup was Tuesday saved from collapse after a consortium of investors swooped in at the 11th hour to take over the ailing firm. Mobile Uplift Corporation, a company set up by a consortium of European and North American investors, had signed a deal to buy the assets of the crisis-hit German company, Lilium said.
What a Christmas budget of N30,000 can get for a family of five
In this chat with a chef in Lagos, we attempt to draw out possible menu options for a family of five in Nigeria, with only N30,000 for the Christmas celebrations.
NELFUND disbursed N23bn loans to 94,000 students, targets 1.2 million more in 2025
NELFUND says that about 94,000 students have received N23bn in student loans in 2023. The loan scheme says a target of 1.2m students will get loans in 2025.
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