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Business - Page 416

Naira Appreciates Against Dollar, Trades At N1,477 Per USD

The foreign exchange rate of the United States dollar (USD) increased to N1,477.99 kobo per $1 in the parallel market on Tuesday, December 23, from the N1,476.95 kobo per USD recorded on Monday, December 22. This represents a 0.07 percent decline in

December 23, 2025

Business·News

Court To Rule On $101M ABC Orjiakor Bankruptcy Suit On Oct 3

In a courtroom drama that continues to captivate the financial world, Justice Nicholas Oweibo of the Federal High Court in Lagos has set the stage for a pivotal ruling in the ongoing bankruptcy suit filed by Access Bank Plc against businessman Dr.

September 27, 2023

Business·News

Oshiomhole Urges Government Intervention For Naira Stability

Senator Adams Oshiomhole has called for government intervention to rescue the beleaguered Nigerian naira, challenging the prevailing belief in the efficacy of market forces. Speaking on the Senate floor during the screening of CBN governor nominee Yemi Cardoso and four other deputies,

September 27, 2023

JP Morgan UK Bans Cryptocurrency Purchases to Combat Scams

Business·Currency·News·World News

JP Morgan Chase Bans Cryptocurrency Purchases To Combat Scams

In a bold move to protect its customers from the surging wave of cryptocurrency scams, JP Morgan’s Chase UK bank has announced a comprehensive ban on cryptocurrency purchases starting October 16. According to Investmentweek, this ban will encompass all debit card transactions

September 27, 2023

CBN Reforms Yielding Positive Returns As FX Transactions Surge To $800m, CBN Gov Assert

Business·Finance & Economy·News

CBN: Cardoso Vows To Defend Autonomy Against Political Influence

In a resolute and emphatic declaration, Dr. Olayemi Cardoso, the recently appointed Governor of the Central Bank of Nigeria (CBN), has assured the nation that under his leadership, the apex bank will remain impervious to political manipulation or interference. This assurance comes

September 27, 2023

Naira Ends Week With N30 Gain In Black Market: Hope For Naira?

Business·News

Naira Appreciate In Official Market, Black Market Hits N1000/$1

In a surprising turn of events, the Nigerian naira exhibited a mixed performance in the foreign exchange market on Tuesday, leaving both investors and traders in a state of flux. While the official market saw the naira appreciate against the dollar, the

September 27, 2023

Why Nigerian Govt Need Supplementary Budget To Pay minimum wage- IMF

Business·Finance & Economy·News·World News

IMF Backs Nigeria’s Fuel Subsidy Removal, Exchange Rate Unification For Economic Prosperity

The International Monetary Fund (IMF) has once again thrown its weight behind Nigeria’s efforts to remove fuel subsidies and unify its exchange rates, emphasizing that these measures are pivotal to the nation’s economic revival. In an exclusive interview on Channel TV, Ari

September 27, 2023

Sage Gray Technologies Launches E-Commerce Platform

Business·News·Technology

Sage Grey Technologies Launches E-Commerce Platform

Sage Grey Technologies Limited, has announced the imminent launch of its groundbreaking e-commerce website, SplitMulti. The company unveiled this news during a press conference held at their headquarters, SAGE-GREY Technologies, Victoria Island Lagos on Tuesday. The website is set to commence operations

September 27, 2023

Nigeria's Stock Market Rises As Investors Target Undervalued Shares

Business·Markets·News

Nigerian Stock Market: Conoil, Oando, Others Tumble, As Access, Transcorp, UBA Soar

The Nigerian Stock Exchange experienced notable shifts in market sentiment on Tuesday, with leading energy companies Conoil and Oando taking significant hits, while financial giants Access Holdings, Transcorp, and UBA soared to new heights. This reshuffling in the equities landscape marked another

September 27, 2023

Business·Finance & Economy·News

Senator Calls For 50 Dangotes, 50 BUAs, 50 Otedolas To Compete Globally

In a groundbreaking revelation during the Senate’s screening of Dr. Cardoso for the role of CBN Governor, Senator Ahmed Wadada Aliyi, Senator representing Nasarawa West Senatorial District has ignited a discussion that transcends the ordinary. With an impassioned call for a competitive revolution,

September 27, 2023

Business·News

Senate Confirms Cardoso As CBN Governor, 4 Deputies

Nigeria’s Senate has confirmed the appointment of Dr Olayemi Cardoso as the new Governor of the Central Bank of Nigeria and four others as deputy governors. The four others confirmed for the position of Deputy Governor at the Central Bank were Mrs Emem

September 26, 2023

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Nigeria Launches N590bn Power Sector Bond to Clear GENCO, Gas Arrears

The Federal Government of Nigeria has issued its debut bond

Dollar Trades Flat In Black Market, Appreciates In Official Window

The dollar traded at N1,487.01/$1 in the parallel market on

Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty

The government of Venezuela has condemned what it described as

Bank of Japan Poised to Lift Rates to 30-Year High as Inflation Pressures Persist

The Bank of Japan (BOJ) is set to raise its

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Business - Page 416

Naira Appreciates Against Dollar, Trades At N1,477 Per USD

Court To Rule On $101M ABC Orjiakor Bankruptcy Suit On Oct 3

Oshiomhole Urges Government Intervention For Naira Stability

JP Morgan Chase Bans Cryptocurrency Purchases To Combat Scams

CBN: Cardoso Vows To Defend Autonomy Against Political Influence

Naira Appreciate In Official Market, Black Market Hits N1000/$1

IMF Backs Nigeria’s Fuel Subsidy Removal, Exchange Rate Unification For Economic Prosperity

Sage Grey Technologies Launches E-Commerce Platform

Nigerian Stock Market: Conoil, Oando, Others Tumble, As Access, Transcorp, UBA Soar

Senator Calls For 50 Dangotes, 50 BUAs, 50 Otedolas To Compete Globally

Senate Confirms Cardoso As CBN Governor, 4 Deputies

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Naira Appreciates Against Dollar, Trades At N1,477 Per USD

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Dollar Trades Flat In Black Market, Appreciates In Official Window

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Bank of Japan Poised to Lift Rates to 30-Year High as Inflation Pressures Persist

Chief Arthur Mbanefo (1930-2025): A Life of Impact and Inspiration- By Kingsley Moghalu

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Business - Page 416

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