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Business News

BUA Foods Commits to Affordable Prices for BUA Rice, Prioritizing Local Sourcing in Nigeria

In a commendable demonstration of dedication to Nigeria's agricultural sector and economy, BUA Foods has announced its decision to maintain the prices of its...

Flutterwave and Audiomack Join Forces to Expand Music Streaming and Monetization in Africa

Lagos, Nigeria - Flutterwave, Africa's leading payments technology company, has announced a strategic partnership with Audiomack, the renowned music streaming and discovery platform. This...

Federal Government’s 40% Electricity Tariff Hike Sparks Concerns over Business and National Impact

In a move that has drawn mixed reactions, the Federal Government of Nigeria has announced its plans to implement a staggering 40% increase in...

FCMB Empowers SMEs with N637.08 Billion in Loans and Asset Finance Facility

Lagos, Nigeria - First City Monument Bank (FCMB) has taken a significant step in promoting the growth and expansion of Small and Medium Scale...

Harnessing the Power of Technology to Develop Nigeria’s Agricultural Sector: Unlocking Potential and Driving Progress

Nigeria's agricultural sector, hailed as the largest in the country and a significant employer of labor, is poised for remarkable development through the transformative...

CBN Revolutionizes Diaspora Remittances with eNaira: A Positive Digital Payment Breakthrough

In a bid to enhance the payout of diaspora remittances, the Central Bank of Nigeria (CBN) has unveiled its digital currency, eNaira, as a...

Unlocking Growth Potential: The Importance of Data for Nigeria SMEs and a Call to Action for Small Business Owners

In today's fast-paced and data-driven business landscape, the importance of data for Nigeria SMEs cannot be overstated, particularly for small and medium-sized enterprises (SMEs)....

Rising Inflation Rate Grips Ondo, Kogi, and Rivers States as Nigeria Hits 18-Year Record High, NBS Reports

The National Bureau of Statistics (NBS) has revealed that Ondo, Kogi, and Rivers states experienced the highest year-on-year increase in average prices of goods,...

Naira loses Value as CBN Floats the Foreign Exchange Market and How it Affects the Common Nigeria People

In a move to float the foreign exchange market, the Central Bank of Nigeria (CBN) announced measures that led to a sharp depreciation of...

ThriveAgric Empowers Over Half a Million Farmers and Invests $100 Million to Scale Food Production in Africa

Nigeria-based agritech startup, ThriveAgric, has announced a significant investment of over $100 million towards empowering 514,000 small scale farmers in Africa and scaling food...

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