Business

Business

Business

It has come to our notice that Diamond Bank has been acquired by Access Bank according to insiders, who further revealed that the official announcement of the transaction will be made in the course of the week by ...
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Business

Facebook Inc. co-founder Mark Zuckerberg has overtaken Warren Buffett as the world’s third-richest person, further solidifying technology as the most robust creator of wealth. Zuckerberg, who trails only Amazon.com Inc. founder Jeff Bezos and Microsoft Corp. co-founder Bill ...
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Business

The present economic templates being used by the Muhammadu Buhari government do not have the ability to address the unique needs of Nigerians at present, American business magnate, Bill Gates, has said. The philanthropist and founder of Microsoft ...
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Business

Africa’s richest man, Aliko Dangote has been named by Forbes as one of the top ten black billionaires in the world. Dangote, who was not the only Nigerian to make the list, was placed on 1st position. See ...
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Business

Berkshire Hathaway’s billionaire investor Warren Buffett told CNBC on Wednesday the recent craze over bitcoin and other cryptocurrencies won’t end well. “In terms of cryptocurrencies, generally, I can say with almost certainty that they will come to a ...
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Business

Bitcoin prices plunged by a quarter on Friday as investors cashed out just before Christmas after the wildly volatile currency’s stratospheric rise in recent weeks. The precipitous drop comes after a series of warnings by analysts and governments ...
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Business

The Federal Government is using part of the stolen funds recovered from those that looted the economy to finance the 2017 budget, President Muhammadu Buhari has said. Buhari who spoke at the 22nd Annual Conference of the Association ...
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Business

The Nigerian currency on Wednesday, made a marginal gain, thus closing at 363 per United States dollar. The naira had closed at 364/dollar on Tuesday, up from 365/dollar recorded on Friday. This is coming barely three days after the ...
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Business

The naira has weakened further to 369 per United States dollar on the back of waning supply of the greenback in the foreign exchange market. Although the external reserves have reportedly hit $33bn, the Central Bank of Nigeria ...
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Business

Earlier today, we reported that Nigeria has moved out of recession… Statistics from Statistics South Africa released today showed that the country moved out of recession in the second quarter of the year after the economy expanded an annualized ...
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