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Category: Finance
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The eNaira is a Central Bank Digital Currency (CBDC) that will be fully operational as legal money in the country from October. According to the CBN, it will function as the digital version of the Naira and will be used in the same manner as physical currency. However, many Nigerians are still unsure about what to anticipate and how…
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Looking for a new career? Here are 30 high-paying, fast growing jobs that are set to boom over the next decade Several high-paying managerial, tech, and medical jobs are projected to see strong growth between 2020 and 2030. Millions of Americans are looking for new careers amid a pandemic reshuffle, and these high-paying, fast-growing jobs…
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China Bans Cryptocurrencies, Declares Crypto Transactions Illegal China’s central bank on Friday said all financial transactions involving cryptocurrencies are illegal, sounding the death knell for digital currencies in China after a crackdown on the volatile trade. The global values of cryptocurrencies including Bitcoin have massively fluctuated over the past year partly due to Chinese regulations,…
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Nigerians Will Download E-naira Wallets From October 1 – CBN The Central Bank of Nigeria (CBN) has said that Nigerians can begin to download e-naira wallets on their phones from October 1. The Director, Payment System Management, at the CBN Mr. Musa Jimoh, said this during an interview on the ‘Business Morning’ programme on Channels…
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Terrorism: Criminals Buy Dollars From BDCs To Import Arms – Emiefele Governor Godwin Emefiele of the Central Bank of Nigeria (CBN) has said the apex bank has discovered that a significant portion of the dollars bought by the BDCs went into illegal arms deals. He said this, on Friday, while briefing journalists at the end…
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Regulators Criticise Crypto Firms Venturing into Banking Financial regulators globally have expressed apprehension at the rate crypto firms are moving into the formal banking system without inhibitions saying that it is a dangerous sign that may spell doom to the system. Digital currency exchange Coinbase in early September went public with a complaint about a…
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» FG To Unveil N15 Trillion Infrastructure Company In October — CBN To establish International Financial Centre in 12 months Plans are underway for establishment of the Nigerian International Financial Centre, NIFC, in the next 12 months, just as the Central Bank of Nigeria, CBN, gets set to roll out the N15 trillion Infrastructure Corporation of Nigeria (Infra-Co) next month. Disclosing these…
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» Nigeria’s Foreign Loans Set For All–Time High At $45bn As Buhari Begs For Loan Nigeria’s foreign loans set for all-time high at $45bn as Buhari begs for additional $4bn loan Historic debt level The nation’s external debt stock could hit over $36 billion if the National Assembly approves the $4.054 billion new borrowing request presented by the executive to the federal legislators, yesterday.…
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![Man Breaks Down In Tears After Topping Up 3 Million Airtime Instead Of 3K [Video]](https://marychuks.com/wp-content/uploads/2022/03/b046e-photogrid_plus_1631558314162.jpg)
Man Breaks Down In Tears After Topping Up 3 Million Airtime Instead Of 3K [Video] A Nigerian young man has suffered a severe heartbreak at the mall after mistakenly recharging an amount of N3M airtime instead of N3K He captured the attention of onlookers at the shopping mall in PortHarcourt and the video is rapidly…
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Mukesh Ambani, Asia’s richest billionaire, earns $3.7 billion in a single day On Friday, Mukesh Ambani added $3.7 billion to his net worth as shares of his flagship company surged after the tycoon reaffirmed his commitment to renewables. The Bloomberg Billionaires Index estimates the richest person in Asia to be worth $92.6 billion, closing in…