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Nigerian authorities have asked the world’s largest cryptocurrency exchange Binance to pay a $10 billion fine for infractions, a spokesman for President Bola Tinubu said on Friday. Bayo Onanuga, Tinubu’s media adviser said Binance had enabled “illegal transactions” hurtful to the Nigerian economy. Details later.
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Telecommunication giant MTN Nigeria has blamed the “liberal foreign exchange management,” currency redesign and increase in fuel prices for the significant loss it incurred in 2023. The year saw MTN recording its first loss since it became a quoted company on NGX. “2023 witnessed a very challenging operating environment characterised by rising inflation, currency devaluation…
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The Nigerian Army distanced itself from the purported financial demands from selected trainees undergoing training at the Depot, Nigerian Army, Zaria, for vetting.
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Sen. David Umahi, Minister of Works, and Sen. Aminu Tambuwal (PDP-Sokoto), Chairman of the Senate Committee on Housing, inspected the newly constructed BUA Cement’s fifth plant in Sokoto State on Thursday.
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A former president of the Nigerian Guild of Editors , Malam Garba Shehu, has advised Nigerians to support democracy, saying that democracy as a system of government has no alternative.
