Editor

Nigeria’s Foreign Reserve Grows By $79.1m

NIGERIA’S foreign reserve closed the month of July 2021 at $33.4bn, appreciating marginally by $79.1m compared to last month’s $33.32bn. According to data extracted from CBN’s website, foreign reserve declined by $1.97bn compared to $35.37bn at the start of 2021. The current

August 5, 2021

Naira Ends Week With N59.71 Gain At Official Market

Finance & Economy·News

Naira Remains Stable At Official Market, Appreciates At Black Market

‌The naira closed at N411.50 against the U.S dollar at the official Investors and Exporters window. It has remained stable against the US dollars which was also at N411/$ as recorded on Tuesday. Also, the naira appreciates at the parallel market to

August 5, 2021

News

Host Communities Of Hydropower Demand 10% Royalty From BPE

Shiroro Dam. Photo credit: Google HYDROELECTRIC Power Producing Areas Development body which comprise host communities of hydropower, on Wednesday, met with the Bureau of Public Enterprises to demand 10% royalty payment from the concession of the plants. HYPPADEC Managing Director, Abubakar Yelwa

August 5, 2021

Finance & Economy·News

Stock Exchange: CUTIX Leads 16 Gainers, SOVRENINS Tops 19 Losers

CUTIX Plc AT the close of stock exchange market on Wednesday August 4, 2021 on the Nigerian Stock Exchange (NGX), CUTIX led 16 Gainers, and SOVRENINS topped 19 Losers. To top the equity gainers, CUTIX closed with N5.50 on Wednesday as against N5.00

August 5, 2021

News

US Charges Press, Civil Society To Protect Freedom Of Expression In Nigeria

United State’s Consul General Lagos, Claire Pierangelo IN view of recent developments in Nigeria, reporters, editors, media executives, and civil society representatives must remain vigilant to protect the right to freedom of expression and press freedom. This charge was directed at members

August 4, 2021

News·Personal Finance

CBN Issues Guidelines For Licensing, Regulation Of Payment Service Holding Companies

Central Bank of Nigeria (CBN) has issued guidelines for licensing and regulation of activities of Payment Service Holding Companies (PSHC) in the country

August 4, 2021

News

11 Writers Go After $100,000 Nigeria Price For Literature, As CORA, NLNG Stage Book Party

THE 12th CORA-NPL Book Party which will hold on Sunday August 8, 2021 at the Eko Hotel & Suites, VI, Lagos, will feature eleven shortlisted novelists jostling for the 2021 $100,000 Nigeria Prize for Literature (NPL). The NPL is the biggest cash prize

August 4, 2021

Finance & Economy·News

Kuda Bank’s Valuation Of $500million, Higher Than Most Traditional Banks

yesterday’s stock market close, Kuda Bank with $500 million valuation has become the 7th most valuable bank in Nigeria, even more than all tier-two banks combined

August 4, 2021

Finance & Economy·News

Nestle Nigeria’s Pre-Tax Profit Falls To N33.8bn

Nestle Nigeria saw it’s profit pre-tax drop by 1.43% to N33.38bn for the first half of 2021.This was stated in its unaudited financial statements.

August 4, 2021

News

FG Launches NIPOST’s N50 Revenue Stamp

Federal Government has launched Nigerian Postal Service (NIPOST) N50 revenue stamp, confirming rights of the postal agency over stamp duty

August 4, 2021

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Editor

Nigeria’s Foreign Reserve Grows By $79.1m

Naira Remains Stable At Official Market, Appreciates At Black Market

Host Communities Of Hydropower Demand 10% Royalty From BPE

Stock Exchange: CUTIX Leads 16 Gainers, SOVRENINS Tops 19 Losers

US Charges Press, Civil Society To Protect Freedom Of Expression In Nigeria

CBN Issues Guidelines For Licensing, Regulation Of Payment Service Holding Companies

11 Writers Go After $100,000 Nigeria Price For Literature, As CORA, NLNG Stage Book Party

Kuda Bank’s Valuation Of $500million, Higher Than Most Traditional Banks

Nestle Nigeria’s Pre-Tax Profit Falls To N33.8bn

FG Launches NIPOST’s N50 Revenue Stamp

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