Business - Page 208

Forex Crisis: CBN Sells $122.67m To 46 Authorised BDC Operators

In an effort to foster stability and lessen market volatility, the Central Bank of Nigeria (CBN) has again intervened in the foreign exchange (forex) market, selling a total of $122.67 million to

Victor Ezeja

July 13, 2024

How Nigeria's FX Reserves Dropped By $1.3bn– Report

Business·Markets·News

CBN Intervenes In FX Market With $122.67m Sales To 46 Authorised Dealers To Promote Stability

Central Bank of Nigeria (CBN) Moves to Stabilize FX Market with US$122.67 Million Sale In a move to stabilize the FX market, the Central Bank of Nigeria (CBN) on Friday sold US$122.67

Emmanuel Ochayi

July 13, 2024

POS Fraud Cases Surge by 31.12% in Q1 2024 Amid Security Concerns

Business·News

POS Fraud Cases Surge by 31.12% in Q1 Amid Security Concerns

POS Transactions See Sharp Rise in Fraud Cases The prevalence of fraud and forgery in Nigeria’s payment system has shown a significant shift in the first quarter of the year, with Point-of-Sale

Emmanuel Ochayi

July 12, 2024

Nigeria's Equity Market Declines By 1.99% in March Despite Weekly Gains

Business·Markets·News

Equity Market Continues Decline As Seplat Energy Leads Fall

Seplat Energy Takes a Hit Nigeria’s equity market experienced a downturn on Thursday, with a decline of 0.33 per cent, amounting to a loss of N188 billion. This drop was primarily driven

Emmanuel Ochayi

July 12, 2024

Nigerian Naira Vs U.S. Dollar: What To Expect This Week (17th-22nd, March 2025)

Business·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 12th July 2024

What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? The exchange rate for the US dollar (USD) to Nigerian Naira (NGN)

Emmanuel Ochayi

July 12, 2024

AMA News·Business

Aleph Hospitality ventures into Nairobi’s restaurant scene

The hospitality group takes over the management of its first stand-alone restaurant and entertainment venue in Kenya NAIROBI, Kenya, July 11, 2024 -/African Media Agency(AMA)/- Aleph Hospitality, the largest independent hospitality management company

Prime Business Africa

July 11, 2024

World Bank Report Reveals 34% of Nigeria’s Education, Health Expenditures Lost Due To Absenteeism

Business·News

World Bank Report Reveals 34% of Nigeria’s Education, Health Expenditures Lost To Absenteeism

World Bank Highlights Absenteeism Issues The World Bank’s latest Human Capital Public Expenditure and Institutional Review on Nigeria has revealed absenteeism issues affecting public expenditure on health and education. The report indicates

Emmanuel Ochayi

July 11, 2024

Business·News·Oil & Gas

Why No Plan To Withdraw Dormant Refining Licences – Nigerian Govt

Government’s Stance on Dormant Refining Licences The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has stated it has no current plans to withdraw refining licences awarded to companies that have yet

Emmanuel Ochayi

July 11, 2024

Business·Markets·News

Nigerian Stock Market Closes Flat Amid Sell-Side Pressure

Market Overview The Nigerian stock market ended the trading session on Wednesday flat, despite significant sell-side pressure observed earlier in the week. The market closed without major changes as investors chose to

Emmanuel Ochayi

July 11, 2024

Naira Falls Against Dollar Across FX Markets

Business·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 11th July 2024

What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? The exchange rate for the US dollar (USD) to Nigerian Naira (NGN)

Emmanuel Ochayi

July 11, 2024

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Business - Page 208

Forex Crisis: CBN Sells $122.67m To 46 Authorised BDC Operators

CBN Intervenes In FX Market With $122.67m Sales To 46 Authorised Dealers To Promote Stability

POS Fraud Cases Surge by 31.12% in Q1 Amid Security Concerns

Equity Market Continues Decline As Seplat Energy Leads Fall

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 12th July 2024

Aleph Hospitality ventures into Nairobi’s restaurant scene

World Bank Report Reveals 34% of Nigeria’s Education, Health Expenditures Lost To Absenteeism

Why No Plan To Withdraw Dormant Refining Licences – Nigerian Govt

Nigerian Stock Market Closes Flat Amid Sell-Side Pressure

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 11th July 2024

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