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Business
South Korea crypto remittances jump 380% in three years, surpassing banks
South Korea has seen cryptocurrency-based overseas remittances climb 380% in the past three years, outpacing growth in traditional bank transfers as financial institutions increase their focus on blockchain-powered payment services. According to a SBS Biz report, remittances processed through South…
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Bitcoin price drops toward key support as U.S.-Iran news sparks profit-taking, can bulls defend?
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Association Demands Compensation For Electricity Consumers In South-East
South East Electricity Consumers Association (SEECA) led by Dr Sebastian Chukwuebuka Okafor has described the approval of special compensation for eligible Band A electri...
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United Capital’s African expansion driving growth in regional investment banking
Dan Aibangbe examines the impact of United Capital's expansion on investment banking across the African markets
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Stock Market Rebounds, Adds N1.52trn After Days Of Sell-Offs
The Nigerian equities market rebounded strongly at the start of the week after several consecutive sessions of losses, with a gain of N1.518 trillion, as renewed buying i...
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Federal Govt Raises N1.22trn from June Bond Auction Amid Oversubscription
The federal government of Nigeria has raised a total of N1.22 trillion from its June bond auction, following strong investor participation that drove demand above the amo...
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Petrol Import Landing Cost Drops To N1,017/Litre Amid Falling Oil Prices
Landing cost for imported premium motor spirit (PMS) also known as petrol, fell to N1,017 per litre this month, driven mainly by a drop in global crude oil prices industr...