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U.S President lifts travel ban on Nigeria, Eritrea, others


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The United States newly-elected President, Joe Biden has signed his first executive orders as US President including reversing a Donald Trump-administration travel ban on 13 countries which were mainly Muslim and African nations like…

NCC records 208 million telephone subscribers in 2021


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The Nigerian Communications Commission (NCC) has disclosed that there are presently  208 million telephone subscribers in Nigeria which increased from 203 million due to teledensity standing at 108.92 per cent. The NCC’s Executive Vice…

Brexit: Exporter sets up Dutch firm to avoid bureaucracy


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A leading skateboard distributor has set up another business in the Netherlands to avoid paying tax twice on exports after Brexit. Shiner's operations director said it would spend about £530,000 operating a base outside Rotterdam.…

Africa remains fertile ground for investment says AfDB President


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The President of the African Development Bank (AfDB), Dr Akinwumi A. Adesina has said that;  "Africa as a continent remains a fertile ground for investment which depends very much on its ability to boost its healthcare sector." This…

Libya’s Central Bank offers $284m to fight COVID-19


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The Libyan Central Bank (LCB) announced on Wednesday that it would be parting with the sum of $284 million was devoted to the fight against the coronavirus (COVID-19) pandemic in 2020. In a statement on revenues and expenditure during…

Nigeria’s Bonny light rises in hope on U.S President’s projections


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Nigeria’s Bonny Light oil price rose yesterday in the international market following the expectation that the United States new president, Joe Biden, would work speedily in tackling the Coronavirus (COVID-19) pandemic. The prolonged…

FAAC: Nigeria’s tiers of government receive N619bn for December 2020


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 The Federation Accounts Allocation Committee (FAAC), today at its meeting through Virtual Conference shared to the three tiers of government, a total sum of  N619.343 billion as federation allocation for the month of December 2020. From…

Nigerian Stock Exchange pays compensation to 49 investors


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The Nigerian Stock Exchange (NSE) has paid compensation to 49 investors that suffered pecuniary losses, in furtherance of the market’s commitment to investors’ protection. Its Chief Executive Officer, Mr. Oscar Onyema, who briefed…

NSE: Market records first gain of the week


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The domestic market recorded the first gain of the week on Wednesday as it closed in the positive after two consecutive days of loss. The All-Share index gained 0.23% or 96.09 basis points to close at 41,147.72 basis points…

WhatsApp: India seeks withdrawal of privacy policy changes


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India’s technology ministry has asked WhatsApp to withdraw changes to its privacy policy the messaging platform announced earlier this month, saying the new terms take away choice from Indian users. The demand creates a new headache for…