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TheCable

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Nigeria must reduce dependence on imported drugs, says PMG executive secretary

    Nigeria must reduce dependence on imported drugs, says PMG executive secretary

Frank Muonemeh, executive secretary of the Pharmaceutical Manufacturers Group of Manufacturers Association of Nigeria (MAN), says the country should reduce its dependence on imported drugs. Muonemeh spoke on Tuesday at

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$600m investment: FG, Maersk didn’t seal any deal, says Onanuga

    $600m investment: FG, Maersk didn’t seal any deal, says Onanuga

Bayo Onanuga, special adviser on information and strategy to President Bola Tinubu, says no agreement or deal was signed between the Nigerian government and the shipping giant, Maersk. Speaking with

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Binance founder sentenced to four months in prison for money laundering

    Binance founder sentenced to four months in prison for money laundering

Changpeng Zhao, the founder of Binance, has been sentenced to four months in prison for money laundering, unlicensed money transmitting and violations in Seattle, United States (US). At a sentencing

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Report: Maersk says no $600m investment deal signed with Nigeria

    Report: Maersk says no $600m investment deal signed with Nigeria

Officials of A.P Moller-Maersk, a Danish shipping company, say there is no $600 million investment deal with the Nigerian government, Lloyd’s List is reporting. On April 28, Ajuri Ngelale, special

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Petrol scarcity: Major oil marketers to lift 300m litres of PMS this week

    Petrol scarcity: Major oil marketers to lift 300m litres of PMS this week

The Major Energies Marketers Association of Nigeria (MEMAN) says its members have commenced loading of over 300 million litres of

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Nestle Nigeria: Naira devaluation caused net loss of N142.7bn in Q1 2024

    Nestle Nigeria: Naira devaluation caused net loss of N142.7bn in Q1 2024

Nestle Nigeria Plc says naira devaluation in the first quarter (Q1) of 2024 caused a net loss of N142.7 billion.

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Moghalu to FG: Stabilise naira at actual market value | Raise $30bn from NNPC IPO

    Moghalu to FG: Stabilise naira at actual market value | Raise $30bn from NNPC IPO

Kingsley Moghalu, a former deputy governor of the Central Bank of Nigeria (CBN), has advised the federal government to stabilise

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OPay: We’re working with CBN to fight money laundering | Customers’ funds are safe

    OPay: We’re working with CBN to fight money laundering | Customers’ funds are safe

OPay, a Nigerian-based financial technology firm, has assured customers that their funds and data are safe. The fintech firm spoke

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APPLY: Google opens artificial intelligence programme for African startups

    APPLY: Google opens artificial intelligence programme for African startups

Google has announced the opening of applications for the eighth cohort of its Google for Startups Accelerator Africa programme. Folarin

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Interpol: Binance executive will be smoked out of hiding and extradited to Nigeria

    Interpol: Binance executive will be smoked out of hiding and extradited to Nigeria

The International Criminal Police Organisation (Interpol) says plans are underway to extradite Nadeem Anjarwalla, Binance regional manager for Africa, to

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