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MOBILE MONEY ACCOUNTS BREACH 1BN MARK

During 2019, mobile money services reached a milestone, surpassing one billion accounts globally. This is according to GSMA, which unveiled the annual “State of the Industry Report on Mobile [...]

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CYBER SECURITY: HOW ATTACKERS IMPERSONATE WHO, ON COVID-19

Cyber security company, SophosLabs has revealed that email scams associated with coronavirus, COVID-19 have nearly tripled in the past weeks. According to Uncut blog, the scammers are using [...]

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POWER SUPPLY RISES TO 4,257MW AS PLANTS RECEIVE GAS

The Transmission Company of Nigeria has announced an improvement in power generation following the supply of gas to thermal power plants. Latest industry report from the Office of the Vice [...]

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BOI RECORDS N39.33BN PROFIT

The Bank of Industry has said the profit before tax of the group grew by 7.2 per cent year-on-year to N39.33bn at the end of 2019 from N36.66bn at the corresponding period of 2018. The increase [...]

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FG TO PROVIDE DIGITAL SKILLS HOME TRAINING

The Federal Ministry of Communications and Digital Economy has said it is partnering some institutions to provide opportunities for Nigerians to acquire cutting-edge digital skills while they [...]

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FOREIGN RESERVES SHED $3.02BN IN THREE MONTHS

The country’s foreign reserves have continued its downward trend dropping by $3.02bn from $38.53bn on January 2, 2020 to $35.51bn as of March 27, 2020, latest statistics from the Central Bank of [...]

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‘DELIVERY COMPANIES, TELCOS, E-BANKING AHEAD OF COVID-19 GAINERS’

Delivery companies, mobile telecommunication companies and e-banking are ahead of gainers in the wake of the coronavirus pandemic, a report by FBNQuest has said. The chief among the losers are [...]

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FG SUSPENDS APRIL SAVINGS BOND OFFER

The Federal Government has suspended its April 2020 savings bond offer, as a result of challenges of COVID-19 on the economy. The Debt Management Office disclosed on Wednesday that this decision [...]

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UNILEVER, DANGOTE CEMENT LEAD LOSERS AS MARKET SHEDS N104BN

Transactions on the Nigerian equity market on Wednesday commenced the month of April on a downtrend as Unilever Nigeria Plc and Dangote Cement Plc led other losers to close the day’s trading on [...]

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OIL PRICE FALLS TO $24, OVERSUPPLY FEARS GROW

The international oil price benchmark, Brent crude, slid further on Wednesday, as a bigger-than-expected rise in United States inventories and a widening rift within the Organisation of Petroleum [...]

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