Business - Page 333

Naira Speculators To Burn Their Fingers As Nigerian Govt Evolves New FX Stability Measure

The Nigerian government has announced plans to automate transactions in the entire foreign exchange market in order to close wide arbitrage and punish naira speculators. This is towards ensuring that all dealings

Victor Ezejaand

Admin

October 24, 2023

Nigerian Youth Running Away From Insurance Industry - Tony Elumelu

Business·News

Nigerian Youths Running Away From Insurance Industry – Tony Elumelu

The Chairman of Heirs Holdings, Tony Elumelu has pointed out that the insurance sector of Nigeria’s economy needs a younger and more agile workforce, regretting that young Nigerians are unfortunately not interested

Victor Ezejaand

Admin

October 23, 2023

Business·News

EU Seeks Closer LNG Ties With Nigeria To Fill Russia-Ukraine Supply Gap

The European Union (EU) is eyeing stronger diplomatic relations with Nigeria as a reliable liquefied natural gas (LNG) partner to address the gas supply gap caused by the Russia-Ukraine War. During a

Emmanuel Ochayi

October 23, 2023

Naira Appreciates At Official Market As Dollar Supply Rises On Friday

Business·News

Naira Woes Continue, Hits N1200/$1 In Black Market Over Scramble For Dollar

The naira's value against the dollar took a hit at the start of the week, with exchange rates opening at N1,200/$1 on peer-to-peer (P2P) platforms

Emmanuel Ochayi

October 23, 2023

Business

Ben Bruce Speaks On Falling Value Of Naira Against Dollar

Former Senator representing Bayelsa West, Ben Murray-Bruce has asserted that the value of the country’s troubled currency, Naira, won’t appreciate just by increased crude oil sales. The senator, known for his advocacy

Emmanuel Ochayi

October 23, 2023

Mike Adenuga Loses $300million As Net-worth Further Declines To $3.3bn

Business·News

Mike Adenuga Loses $300m As Net-worth Further Declines To $3.3bn

Three months after boasting of an estimated net worth of $3.6bn, Chairman of Conoil and the founder of Globacom, Mike Adenuga, has lost $300 million in his net-worth, now valued at $3.3bn,

Victor Ezejaand

Admin

October 23, 2023

Business

Inflation Surges To 27.54% In October, Naira Depreciates, Stock Market Fluctuates Amid Economic Uncertainty

Nigeria’s inflation rate is projected to surge by 83 basis points year-on-year to reach 27.54% in October, marking a 1.9% increase when compared to the previous month’s figure of 26.72%. Analysts from

Emmanuel Ochayi

October 23, 2023

World Bank To Invest $750 million In Nigeria’s Rural Electrification Project

Business·Power

REA To Empower 250,000 Households With Electric Innovations

Empowering a quarter of a million households with a brighter future, the Rural Electrification Agency (REA) is spearheading initiatives in electric mobility, mini-grids, and home systems to empower up to 250,000 households.

Emmanuel Ochayi

October 22, 2023

Naira Appreciates To N869/$1 As Experts Debate Stability

Business·Currency·News

Naira Drops Further To N1,186/$1 Amid Nigeria’s Economic Turbulence

In the backdrop of a turbulent week for Nigeria’s economy, the naira witnessed a fresh low of N1,186 against the US dollar in the unofficial market. This decline can be attributed to

Emmanuel Ochayi

October 22, 2023

Corruption: Obasanjo Urges Christians To Engage In Politics

Business·News

Obasanjo Urges Single-Digit Interest Rates On Agricultural Loans For Nigerian Youths

A former Nigerian President, Chief Olusegun Obasanjo, has called on the federal government to lower interest rates on agricultural loans to a single-digit percentage, stressing the importance of this move to transform

Emmanuel Ochayi

October 22, 2023

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Business - Page 333

Naira Speculators To Burn Their Fingers As Nigerian Govt Evolves New FX Stability Measure

Nigerian Youths Running Away From Insurance Industry – Tony Elumelu

EU Seeks Closer LNG Ties With Nigeria To Fill Russia-Ukraine Supply Gap

Naira Woes Continue, Hits N1200/$1 In Black Market Over Scramble For Dollar

Ben Bruce Speaks On Falling Value Of Naira Against Dollar

Mike Adenuga Loses $300m As Net-worth Further Declines To $3.3bn

Inflation Surges To 27.54% In October, Naira Depreciates, Stock Market Fluctuates Amid Economic Uncertainty

REA To Empower 250,000 Households With Electric Innovations

Naira Drops Further To N1,186/$1 Amid Nigeria’s Economic Turbulence

Obasanjo Urges Single-Digit Interest Rates On Agricultural Loans For Nigerian Youths

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