Economics
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Nigerians defy CBN’s ban, double Bitcoin transactions in May – Paxful
Paxful, a cryptocurrency trading platform, has reported a surge in weekly transactions on its Lightning Network. This is despite the…
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BREAKING: Again, bandits attack palace, kidnap Plateau monarch
Bandits numbering over 20, have again, reportedly kidnapped a traditional ruler in Plateau State, His Royal Highness, Aminu Derwan, after…
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Passengers stranded as fuel scarcity hits Lagos
Many passengers were stranded at various bus stops in Lagos State, Monday morning, as commercial vehicles were scarce on the…
Read More » BREAKING: EFCC on secret operation at APC convention, source says
A top-ranking source within the Economic and Financial Crimes Commission has confirmed that the anti-graft agency is currently carrying out…
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E-payment: Nigerians’ spending on utility bills soars by 387%
The amount Nigerians spent on electronic bills such as power and other utilities grew by 387.19 per cent from N189.50bn…
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Dollar hits N600 at parallel market, forex supply shrinks
The dollar exchanged at N600 on Monday at the parallel market, heightening fears of a further devaluation of the nation’s…
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[BREAKING] Fuel scarcity: Airline operators announce flight disruption, cancellation
The Airline Operators of Nigeria have announced plans to disrupt scheduled flight operations over the scarcity of aviation fuel. The…
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Strike: Ogun students shut down Benin-Ore highway
Students protesting the lingering strike action of the Academic Staff Union of Universities, on Monday, have reportedly blocked the Sagamu-Benin-Ore…
Read More » Nigeria spends 86% of revenue on debt servicing, South Africa pays 20%
Nigeria spent 86 per cent of its revenue on servicing debt in 2021, but South Africa spent only 20 per…
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Lagos to demolish six more buildings as crackdown continues
As part of its ongoing campaign against building collapse, the Lagos State Building Control Agency says it has marked six…
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