Nigeria’s unemployment rate rises to 33.3%
The unemployment rate in Nigeria, Africa’s biggest economy, rose to 33.3 percent in the fourth quarter of 2020 from 27.1
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Author: Markets Reporters
Nigeria’s power generation slumps to 3,212MW, blackout worsens
Electricity supply in Nigeria, Africa’s biggest economy, worsened on Saturday as generation fell by 1,439.1 megawatts. Total generation in the
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Bitcoin rises above $60,000 for first time
Bitcoin, the most popular cryptocurrency, briefly crossed $60,000 on Saturday for the first time to hit a fresh high on
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Naira crashes to 485 against dollar
The Nigerian currency fell against the dollar on Friday at both the parallel market as well as the investors’ and
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Nigeria records biggest oil production increase in OPEC
Nigeria, Africa’s top oil producer, recorded the biggest increase in crude oil production last month in the Organisation of the
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Jaiz Bank posts 32.23% increase in annual profit
Jaiz Bank Plc, a non-interest financial institution in Nigeria, has reported a profit before tax of N2.79 billion for the
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Consultations on petrol price still ongoing, says PPPRA
The Petroleum Products Pricing Regulatory Agency has said the guiding prices of Premium Motor Spirit (petrol) it released do not
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MTN Nigeria buys additional 800MHz spectrum from Intercellular
MTN Nigeria Communications Plc has announced the acquisition of an additional 10MHz spectrum in the 800MHz band from Intercellular Nigeria
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Eko Disco begs for calm as Lekki, others suffer blackout
Eko Electricity Distribution Company Plc has appealed for calm following the prolonged outage being experienced by its customers in the Lekki, Ikoyi and Ajah areas of Lagos State. The power firm,
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FMDQ Exchange admits Fidelity Bank’s N41.21bn bond
FMDQ Securities Exchange Limited said on Friday that it had, through its Board Listings, Markets and Technology Committee, recently approved
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