CBEX has finally explained what happened to investors' funds and provided a new date investors can withdraw 50% of their funds. But, there are conditions to be met.
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McDonald's profits hit by weakness in US market
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IKEA opens new London city centre store
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CBEX defies EFCC probe, resumes operations, promises bonuses and easy withdrawal to new investors
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Nestlé Nigeria grows revenue by 61% to reverse N142 billion loss
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Sheinbaum says agreed with Trump to 'improve' US-Mexico trade balance
China's underwhelming data dampens hope of economic recovery
Chinese industrial production growth slowed in July while unemployment rose, official data showed Thursday, highlighting an uneven recovery in the world's second-largest economy despite recent government measures to try to stimulate expansion.
Customs implements duty-free import of food items, lists conditions for companies interested
The Nigeria Customs Service has announced zero % duty and Value Added Tax (VAT) exemption on basic food items, effective July 15 to December 31, 2024.
Asian stocks follow Wall Street climb
Asian markets mostly mirrored positive strides on Wall Street in early trade Thursday, as easing US consumer inflation buoyed hopes that a big interest rate cut was around the corner and economic growth in Japan outpaced expectations.
How to bring Boeing astronauts home? NASA to decide by end of month
NASA needs to decide by the end of August whether to return two astronauts to Earth aboard Boeing's Starliner, which flew them to the International Space Station (ISS), or bring them home on a rival SpaceX craft, officials said Wednesday.
FG begins duty-free import on rice and other food items, FG to forfeit N187bn from policy
The Nigeria Customs Service (NCS) has disclosed that the federal government will forfeit N187 billion while implementing a 150-day duty-free window on food items.
Meet 9 oil-producing states and governors with most allocations, derivation funds in 2024
About nine oil-producing states in Nigeria have received N341.59 billion in the first half of 2024, with Delta, Akwa Ibom, Bayelsa, Edo and Rivers leading the pack.
US consumer inflation sees smallest annual rise since 2021
US consumer inflation eased slightly in July, according to government data published Wednesday, its smallest 12-month increase since March 2021 and a positive sign for the Federal Reserve as it weighs cutting interest rates. The July CPI data are good news for US Federal Reserve as it weighs the right time to start bringing interest rates down from a 23-year high.
Mars to acquire Pringles maker Kellanova for nearly $36 bn
M&M's and Snickers maker Mars said Wednesday that it would acquire snack food business Kellanova, marking a multibillion dollar agreement set to result in a new industry giant. This would bring two new billion-dollar brands, Pringles and Cheez-It, into its business.
US consumer inflation records smallest annual rise since 2021
US consumer inflation eased slightly in July, according to government data published Wednesday, its smallest 12-month increase since March 2021 and a positive sign for the Federal Reserve as it weighs cutting interest rates. The July CPI data are good news for US Federal Reserve as it weighs the right time to start bringing interest rates down from a 23-year high.
Economy
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