MarketsRanks & Rate

DORATHY BACHOR, MFC LINGERIE-CONSUMER REVIEW

MFC Lingerie by Dorathy Bachor is a brand that focuses on designing lingerie fit to flatter a curvy woman, leaving her confident, comfortable, and chic. Founder of MFC LINGERIE, Dorathy Bachor As part of Ranks Africa Magazine’s mission to celebrate the founder of MFC LINGERIE, Dorathy Bachor, we are currently curating a consumer review of MFC LINGERIE to feature in Ranks Business Magazine.
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Markets

kerosene price rises by 99%, families lamented

Consumers of household kerosene, also known as cooking kerosene, paid 99 per cent more to purchase a gallon of the product in the last one year. This is according to data from the Nigerian Bureau of Statistics, NBS. The statistics agency said the average retail price per…
Brands & PeopleMarkets

Importation of sugar to cut down to 40%-Dangote

The management of Dangote Sugar Refinery Plc has said it is set to reduce the importation of sugar into the country by 40 per cent. The President, Dangote Group, Aliko Dangote, said in a statement that it was embarking on Phase II of its sugar project, which would cover over 100,000ha to make the sugar plant the largest in Africa, paving the way for employment of over 30,000 youths. Dangote said…
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EconomyMarkets

FG rakes in N1.09tn from indirect taxes

The Federal Government received N1.09tn from indirect taxes in the first two quarters of 2022, according to data from the National Bureau of Statistics. This represents a 10.29 per cent increase from N984.33bn obtained in the first two quarters of 2021. Indirect taxes are…
Brands & PeopleMarkets

Nigerian Marketing Awards Debuts

In a bid to recognize hardworking marketing professionals in Nigeria, one of the leading marketing professionals in the country, Anthony Agenmonmen has unveiled Nigerian Marketing Awards. Prince Yemisi Shyllon, Mr. George Thorpe, and Alhaji Garba Bello Kankarofi will be serving as members of the Advisory Board in the first edition of the awards. The event will be held on 11 November 2022 at the…
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EconomyMarkets

Amidst CBN ban bitcoin increases rapidly on Nigeria trade rate

Nigerians traded N497.35bn ($1.16bn) worth of Bitcoin from the beginning of 2021 to June 2022, indicating an increasing prominence of the digital currency in the nation. This is despite the Central Bank of Nigeria’s restriction on cryptocurrencies in the nation. In February 2021, the CBN had said, “Further to earlier regulatory directives on the subject, the bank hereby wishes to remind…
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