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Nigeria is 115th out of 115 countries in terms of the average revenue to Gross Domestic Product ratio. Nigeria is facing existential threat - World Bank warns

World Bank Expresses Its Disappointment In Nigeria

July 23, 2021 Gistlover Stella 0

A report by the World Bank suggests that Nigeria’s unemployment crisis in recent times is the worst in the nation’s history. The report, which raised an alarm over the nation’s rising unemployment situation was published

“Bitcoin Buyers Should Prepare To Lose All Their Money” – UK Financial Conduct Authority Drops A Shocking Announcement

CBN Makes It’s Own Digital Currency (CBDC)

July 23, 2021 Gistlover Stella 0

The Central Bank of Nigeria (CBN) has announced that it will launch the pilot scheme of its digital currency by October 1, 2021. The CBN announced this during a webinar on Thursday as it presented

Nengi’s Course mate at UNIPORT Reveals She Is 30yrs not 23 [Photo]

Nengi Gets Verified On Twitter

July 7, 2021 Gistlover Stella 0

BBNaija star, Rebecca Nengi Hampson has finally gotten a verification badge on Twitter, although she seems not to see it as abig deal as she has not said anything about it unlike her fellow housemates

French President Gives Appointment To Nigerian Billionaire

July 1, 2021 Gistlover Stella 0

In other to enhance business relations between the two countries, the President of France Emmanuel Macron, has appointed Kano-born billionaire businessman, Abdul Samad Rabiu, as the President of France-Nigeria Business Council (FNBC). Macron appointed Rabiu,

Popular Nigerian Company, Ketron, Acquires Shoprite Stores

June 2, 2021 Gist Lovers 0

Nigerian company, Ketron, Acquires Shoprite Stores – Ketron Investment Limited, a Nigerian firm has completed the acquisition deal of Retail Supermarkets Nigeria Limited (RSNL), owner and operator of the Shoprite stores in Nigeria. Ketron is

16th August 2022: Dollar (USD) to Naira Black Market Rate today

Official: Nigeria Devalues Naira Again

May 26, 2021 Gist Lovers 0

The Central Bank of Nigeria (CBN) has officially devalued naira as a result of its introduction of the new Nigerian Autonomous Foreign Exchange (NAFEX). The CBN has depreciated the currency by 8 percent, to N410.25

Full details On Why CBN Sacked All First Bank Directors

April 30, 2021 Gist Lovers 0

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has shed more light on the decision of the apex bank to sack and replace all directors of the First Bank of Nigeria. The

95% of marketers don’t buy our diesel over low pricing – Dangote

We’re Losing Millions Of Dollars Selling Cement In Nigeria – Dangote

April 13, 2021 Rhoda Gistlover 0

Dangote Group says its cement is cheaper in Nigeria than in Ghana and that it is losing dollar earnings focusing on the Nigerian market. “To ensure that we meet local demands, we had to suspend

Shoprite Fixes Date To quit Nigeria

April 7, 2021 Gist Lovers 0

South African Company, Shoprite Holdings Limited has stated that it is set to conclude the sale of its Nigerian outlets, which it expects to be concluded by the end of the year. Gistlover reports that

Coca-Cola Intend Selling Africa Bottling Unit Worth $6 Billion

March 31, 2021 Rhoda Gistlover 0

A Bloomberg report says that the Beverage giant, Coca-Cola is considering selling its majority stake in its African bottling unit. Coca-Cola has a 66.5 per cent stake in Coca-Cola Beverages Africa and is considering a

2030: Nigeria Targets Gas-powered Economy

Nigeria Targets Gas-powered Economy by 2030

March 30, 2021 Rhoda Gistlover 0

On Monday, President Muhammadu Buhari launched an ambitious plan by Nigeria to entirely power its economy with gas by the year 2030. Nigeria, the sixth largest gas country and ninth in gas export, consumes very

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