Tag: Business
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Corona watch (22): When this is all over, there’ll be a shift in way world operates – Daniel Kanu
DANIEL KALU (wrote from SAN FRANSISCO, USA) Once a busy city, people moving from one place to the other, business meetings on every corner, hundreds of tech and networking events every week, San Francisco is now a ghost town. San Francisco is where young entrepreneurs challenge business rules: the perfect habitat for implementing the next…
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Alibaba opens up on failed business investment
Nigerian comedian and showbiz impresario, Alibaba has said he wont go into politics until some major issues are sorted out in Nigeria. The entertainer made this known in a recent Instagram live chat. According to him: ”I cannot go into politics with the way things are in Nigeria. First of all, the Nigerian constitution is…
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Covid-19 pandemic: Top business gainers and losers
By Oluwaseun Adesanya In the early 2015, one of the most adorable personalities in the world, Bill Gates came on TED to discuss on “The Next Outbreak? We’re not ready”. This particular event was immediately after the world survived the outbreak of Ebola, and he explained how we reacted to the emerging epidemic with detailed…
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NIRSAL suspends controversial N10k charges, business plans to access CBN’s N50b COVID-19 facility after severe public outcry
Sequel to the public outcry against its policies, Nigeria Incentive-Based Risk Sharing system for Agricultural Lending, NIRSAL Microfinance Bank (NMFB) has resolved that the business plans for the N50 billion Targeted Credit Facility as a stimulus package to support households and MSMEs mostly affected by the COVID-19 epidemic in Nigeria is no longer mandatory. TheNewsGuru.com…
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Senate investigates alleged discrimination against Nigerian businesses in Ghana
The Senate has mandated its Committees on Foreign Affairs and Trade and Investments to, as a matter of urgency, interface with the Ministry of Foreign Affairs to investigate the status of Nigerian businesses in Ghana. The decision to do so was reached during plenary on Tuesday following the consideration of a motion on “The need…
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Inflation rises by 11.85% in November 2019 — NBS
The National Bureau of Statistics (NBS) said inflation increased by 11.85 per cent year on year in November 2019. The NBS made this known in ITS Consumer Price Index (CPI) and Inflation report for November released on Tuesday. The bureau said the development was 0.24 per cent points higher than the rate recorded in October…
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Nigeria ready for business, Emefiele tells investors
The Central Bank of Nigeria (CBN) has assured investors and the international community that the country having gone through a successful election, was ready for investments. The CBN Governor, Mr Godwin Emefiele, on Friday night in Washington DC, held an informal meeting with potential investors where he enticed them with the Nigerian success stories, especially…
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Why Naira remain immune from election spendings
Aminu Gwadabe, President, Association of Bureau De Change Operators of Nigeria (ABCON), has identified factors that kept the naira immune from election spendings. Gwadabe told the News Agency of Nigeria (NAN) on Friday in Lagos that internal control mechanisms of the electoral umpire contributed greatly to checkmating political spendings as the naira remained stable at…
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How eCommerce businesses can take advantage of AI
The eCommerce industry is booming and this is projected to continue, and with a wealth of eCommerce businesses and as competition set to become even more fierce, staying visible and relevant has never been such a challenge for online retailers. The advent of artificial intelligence (AI) has made competing in this crowded marketplace possible even…