Fakoyejo Olalekan, Author at Prime Business Africa

Governor of Nigerias Central Bank Godwin Emefiele

If Banks Give You Old Naira Notes, Reject Them – CBN Says, Issues New Warning

The Deputy Director, of Currency Operations at the Central Bank of Nigeria (CBN), Rekiyat Yusuf, has urged Nigerians to reject old naira notes dispensed to them by commercial banks. Yusuf gave the advice

Fakoyejo Olalekan

January 20, 2023

Breaking: NNPC Increases Fuel Price, Filling Stations Now Selling At N500

Business·Oil & Gas

Oil Marketers Complain Of NNPC’s Handling Of Fuel Supply, As Petrol Hits N300 Per Litre

The Secretary of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Abuja-Suleja, Mohammed Shuaibu, has revealed that the Nigerian National Petroleum Company (NNPC) Limited is yet to respond to their request for

Fakoyejo Olalekan

January 20, 2023

Criticism Trails Senate's Approval Of CBN’s N22.7 trillion Loans To FG

Business

CBN’s Godwin Emefiele Gets Buhari’s Support Amid Faceoff With DSS

President Muhammadu Buhari and the governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, met on Thursday at the State House, Abuja. Emefiele met President Buhari during a delegation visit of

Fakoyejo Olalekan

January 19, 2023

Business·Markets

International Energy Leads Gainers’ List, C&I Leasing Tops Losers’ In Stock Market

The market capitalisation closed Thursday’s stock trading activity at N28.66 trillion, slightly above Wednesday’s N28.65 trillion. It grew by 0.02 per cent, which represents N5.94 billion gain. The All-Share Index appreciated by 10.91‬ basis points,

Fakoyejo Olalekan

January 19, 2023

Naira Further Appreciates At Official Market

Business·Currency

Naira Gains Against Dollar In Black Market, Official Market

The exchange rate between the naira and the dollar depreciated in the black market and the official channel on Wednesday, 18 January 2023. In the official market, the naira held on against

Fakoyejo Olalekan

January 19, 2023

Nigeria's Treasury Bills Surpass N6.6trn In 2023 Amid Economic Headwinds

Business

Naira Hawkers Face Arrest, CBN Says Banks Ignoring New Banknotes

The Central Bank of Nigeria (CBN) has threatened to arrest persons selling the new naira notes, as it begs banks to come collect the redesigned currencies. During a sensitization programme on Wednesday,

Fakoyejo Olalekan

January 19, 2023

Business

Soludo Succumbs To IPOB’s Simon Ekpa Criticism Over Taxes In Anambra State

The Governor of Anambra State, Chukwuma Soludo, has amended the tax imposed on the transportation sector within the state after criticism from Simon Ekpa of the Indigenous People of Biafra (IPOB). Soludo

Fakoyejo Olalekan

January 19, 2023

Business·Sports

Saudi Businessman Pays $2.6 million To Take Pictures With Ronaldo, Messi

Saudi real estate mogul, Mushref al-Ghamdi, has won the special ticket that will enable him to take pictures with footballers, Cristiano Ronaldo and Lionel Messi, after a friendly on Thursday, 19 January

Fakoyejo Olalekan

January 19, 2023

Business

Court Adjourns Summons Of CBN Gov, Godwin Emefiele, Set New Date

The appearance of the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, scheduled for Wednesday, 18 January 2023, has been adjourned. Emefiele was summoned by Justice Inyang Ekwo to appear

Fakoyejo Olalekan

January 18, 2023

CBN Releases Another Around Of $10,000 FX To Each BDC, Mandates Them To Sell At N1,117/$1

Business·Currency

Forex Transaction Drops In Official Market, Dollar Rate Rises In Black Market

The volume of foreign exchange (forex) traded on Tuesday, 17 January 2023, fell by 72 per cent in the Investors and Exporters (I&E) window of the official market. According to data obtained

Fakoyejo Olalekan

January 18, 2023

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Fakoyejo Olalekan

If Banks Give You Old Naira Notes, Reject Them – CBN Says, Issues New Warning

Oil Marketers Complain Of NNPC’s Handling Of Fuel Supply, As Petrol Hits N300 Per Litre

CBN’s Godwin Emefiele Gets Buhari’s Support Amid Faceoff With DSS

International Energy Leads Gainers’ List, C&I Leasing Tops Losers’ In Stock Market

Naira Gains Against Dollar In Black Market, Official Market

Naira Hawkers Face Arrest, CBN Says Banks Ignoring New Banknotes

Soludo Succumbs To IPOB’s Simon Ekpa Criticism Over Taxes In Anambra State

Saudi Businessman Pays $2.6 million To Take Pictures With Ronaldo, Messi

Court Adjourns Summons Of CBN Gov, Godwin Emefiele, Set New Date

Forex Transaction Drops In Official Market, Dollar Rate Rises In Black Market

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