Business - Page 382

Corporate Council on Africa Announces John Olajide To Serve as Board Chairman

Starting 1 January 2024 WASHINGTON, DC, USA, 22 August 2023, /African Media Agency/-The Corporate Council on Africa (CCA) is pleased to announce the election of John Olajide as the new Chairman of the

Prime Business Africa

August 22, 2023

Business

Nigeria’s Foreign Reserves Drop 73.5%, Weakens CBN’s Effort To Defend Naira

Nigeria’s foreign reserves stood at $3.7 billion as of the end of 2022, JP Morgan, a US-based financial firm, has revealed. In a recently released report by JP Morgan, titled; ‘Nigeria: Reform

Fakoyejo Olalekan

August 22, 2023

Business·Currency

Dollar Rate Up In Official Window, Hits N874/$1 In Black Market

The naira depreciated in value by 2.94 per cent in the Investors’ and Exporters’ window after the dollar rate rose to N761.32/$1 at the close of trading on Monday. It was learnt that the

Fakoyejo Olalekan

August 22, 2023

Business

Money Supply In Nigeria Rises By N600bn, Currency In Circulation Drops To N2.59trn

The Central Bank of Nigeria (CBN) has disclosed that the money supply in Nigeria rose by N600 billion or 0.93 per cent to N64.9 trillion in July 2023. According to the financial

Fakoyejo Olalekan

August 22, 2023

Business·News

Nasarawa State, NASENI Partner On Lithium Processing Policy

Nasarawa State government and the National Agency for Science and Engineering Infrastructure (NASENI) are set to partner on a lithium processing policy that would ensure that Lithium mined in the State is

Admin

August 21, 2023

Business·Markets

Investors In John Holt, BUA Foods, Others Earn N262.52bn In Stock Trading

After trading ended on Monday, stock market investors holding shares of John Holt and BUA Foods, amongst others recorded a combined gain of N262.52 billion. The gain followed the 0.74 per cent

Fakoyejo Olalekan

August 21, 2023

Business·Oil & Gas

FG Loses N249bn To Decline In Crude Output, Fuel Hike Drops PMS Consumption

In July 2023, Nigeria’s total crude oil production fell to 33.5 million barrels, resulting in about N249 billion or $320.4 million lost last month, worsening the Federal Government’s revenue problem in the

Fakoyejo Olalekan

August 21, 2023

Business·News

FXTM Academy Offers Free Training, Opportunity For Success

In a year marked by global financial market turbulence, FXTM Academy emerged as the beacon of opportunity, empowering individuals to navigate uncertain times with confidence. As 2023 presents its challenges, FXTM Academy

Admin

August 21, 2023

Tinubu Explains Why Nigeria Stopped Exporting Raw Gold, Lithium, Other Minerals

Business

Manufacturers Criticise Nigerian Gov’t For Putting N70trn Debt Burden On Them

The Manufacturers Association of Nigeria (MAN) said the high taxes imposed on the sector is the Federal Government’s attempt to shift the responsibility of repaying FG’s debt to manufacturers. According to the

Fakoyejo Olalekan

August 21, 2023

Naira Ends Week With N59.71 Gain At Official Market

Business·Currency

Dollar, Pound, Euro Rates Slump After CBN Lifts Ban On Black Market

The naira increased in value after trading closed on Friday in the official market, appreciating by 0.15 per cent, as the United States Dollar (USD) ended trading at the rate of N739.52/$1.

Fakoyejo Olalekan

August 21, 2023

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Business - Page 382

Corporate Council on Africa Announces John Olajide To Serve as Board Chairman

Nigeria’s Foreign Reserves Drop 73.5%, Weakens CBN’s Effort To Defend Naira

Dollar Rate Up In Official Window, Hits N874/$1 In Black Market

Money Supply In Nigeria Rises By N600bn, Currency In Circulation Drops To N2.59trn

Nasarawa State, NASENI Partner On Lithium Processing Policy

Investors In John Holt, BUA Foods, Others Earn N262.52bn In Stock Trading

FG Loses N249bn To Decline In Crude Output, Fuel Hike Drops PMS Consumption

FXTM Academy Offers Free Training, Opportunity For Success

Manufacturers Criticise Nigerian Gov’t For Putting N70trn Debt Burden On Them

Dollar, Pound, Euro Rates Slump After CBN Lifts Ban On Black Market

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