Business - Page 106

Naira Rises To N780/$1 In Official Market, Depreciates In Black Market

Today’s financial landscape presents a tale of dual destinies for the Nigerian naira: a soaring achievement in the official market as it reaches a new high of N780 against the dollar, juxtaposed

Emmanuel Ochayi

6 months ago

Business·Latest News

NEITI Report Reveals Nigeria’s N14 Trillion Fiscal Transparency Concerns

The Nigeria Extractive Industries Transparency Initiative (NEITI) uncovered the influx of N14.38 trillion into the nation’s federation account between 2020 and 2021. Dr. Orji Ogbonnaya Orji, NEITI’s Executive Secretary, delivered this eye-opening

Emmanuel Ochayi

6 months ago

Business·Finance & Economy·Latest News

UBA, Saudi EXIM Bank Partner To Boost Trade, Business Relations

In a move aimed at bolstering economic ties between Africa and Saudi Arabia, the United Bank for Africa (UBA) Plc and Saudi Export-Import Bank (Saudi EXIM) have solidified a partnership. This collaborative

Emmanuel Ochayi

6 months ago

Blue Economy: Tinubu Appoints New Executive Directors For NPA, NIMASA

Business·Finance & Economy·Latest News

Nigeria’s 2023 Budget Strain: FG To Spend N7.76tn On Salaries, Others

Nigeria’s Federal Government is grappling with financial commitments as the latest budget forecasts a portion of funds—N7.76tn—allocated to cover salaries, recurrent expenses, and new outlays outlined in the 2023 supplementary budget. This

Emmanuel Ochayi

6 months ago

Business·Latest News

Your Investments Are Safe In Nigeria – Tinubu Assures Saudi Investors

President Bola Tinubu has offered assurances to potential investors, asserting that their investments are secure in Nigeria. Speaking at the Saudi-Africa Summit in Riyadh, Saudi Arabia, on Friday, President Tinubu emphasized Nigeria’s

Emmanuel Ochayi

6 months ago

Nigerian Equities Surge To Global Top 3, As Returns Hit N8.7trn

Business·Latest News·Markets

Nigerian Equities Gain N27.2 Billion As ASI Appreciated By 0.07%

The NGX, equities on Thursday put on their dancing shoes as the All-Share Index hit a new high, up by 0.07% to 70,819.49 points. The market capitalized on the upbeat atmosphere, gaining N27.2 billion, pushing

Emmanuel Ochayi

6 months ago

Business·Latest News

Guarantco Provides $25 million Counter-Guarantee To InfraCredit For Lagos Free Zone Company

GuarantCo, part of the Private Infrastructure Development Group (PIDG), has provided a NGN 20.23 billion (USD 25 million) counter-guarantee with a sixteen-year tenor to Infrastructure Credit Guarantee Company Limited (InfraCredit) in support

Victor Ezejaand

Admin

6 months ago

Business·Latest News

Tinubu Halts Tariff Hike, Probes Power Sector Licenses

President Bola Tinubu has halted the proposed electricity tariff hike, emphasizing the need for a nationwide subsidy on power consumption. The revelation came from the Minister of Power, Adebayo Adelabu, during a

Emmanuel Ochayi

6 months ago

Business·Currency·Latest News

Naira Gains To N1120/$1 As Nigerian Govt Aims To Boost Dollar Supply

The Naira experienced a gain of 1.75 percent against the dollar on the parallel market, reaching N1120/$1 on Thursday. This upward movement is attributed to growing optimism surrounding the government’s plans to enhance

Emmanuel Ochayi

6 months ago

Business·Latest News·Tech News

Nigeria Govt, Raspberry Pi Foundation Partner To Launch Code Clubs In Nigeria

The Nigerian Government, through the Ministry of Communications, Innovation & Digital Economy, has joined forces with the UK-based Raspberry Pi Foundation to introduce Code Clubs across Nigeria. Aimed at students aged 7 to

Emmanuel Ochayi

6 months ago

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Business - Page 106

Naira Rises To N780/$1 In Official Market, Depreciates In Black Market

NEITI Report Reveals Nigeria’s N14 Trillion Fiscal Transparency Concerns

UBA, Saudi EXIM Bank Partner To Boost Trade, Business Relations

Nigeria’s 2023 Budget Strain: FG To Spend N7.76tn On Salaries, Others

Your Investments Are Safe In Nigeria – Tinubu Assures Saudi Investors

Nigerian Equities Gain N27.2 Billion As ASI Appreciated By 0.07%

Guarantco Provides $25 million Counter-Guarantee To InfraCredit For Lagos Free Zone Company

Tinubu Halts Tariff Hike, Probes Power Sector Licenses

Naira Gains To N1120/$1 As Nigerian Govt Aims To Boost Dollar Supply

Nigeria Govt, Raspberry Pi Foundation Partner To Launch Code Clubs In Nigeria

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