Business - Page 445

Naira Records Three-month High Of N1,536 Per Dollar At Official Market

Gap Between Black Market, Official Window Dollar Rates Now N275.33

The gap between the foreign exchange rates for the Naira and the Dollar in the black market and the official window stood at N275.33 kobo on Tuesday, 16 May. Prime Business Africa gathered

Fakoyejo Olalekan

May 17, 2023

Polaris Bank Media Seminar: Expert Calls For More Training On Investigative Journalism

Business

You Are Legally Dead – Polaris Bank Allegedly Tells Customer, Prevents Him From Accessing Account

A customer of Polaris Bank has accused the commercial bank of declaring him dead, despite being alive, in an attempt to gain access to his deposits held in the firm. In a

Fakoyejo Olalekan

May 17, 2023

Nigerian Govt Grants 13 New Power Licences, Boosting Off-Grid, Embedded Generation

Business

NERC Goes After Kaduna Disco, Threatens To Shutdown Firm Over N93.41 billion Debt

The Nigerian Electricity Regulatory Commission (NERC) has issued a notice to Kaduna Electricity Distribution Company (KAEDCO), threatening to cancel the firm’s licence. NERC said it has given the Kaduna Disco 60 days

Fakoyejo Olalekan

May 17, 2023

Agro-Economy·Business

Sterling Bank, AATIF Raise $15m To Fund Renewable Energy-powered Agro-enterprises

Sterling Bank, in conjunction with the Africa Agriculture and Trade Investment Fund (AATIF), is set to promote environment-friendly agriculture businesses by lending the sum of $15 million to sustainable and renewable energy-powered

Victor Ezeja

May 16, 2023

Business·Markets

Transcorp, Nigerian Breweries, Others Lift Stock Market Cap By N102.38 billion

Nigeria’s equity market valuation grew by 0.36 per cent on Tuesday to end the stock exchange session at N28.54 trillion. This is N102.38 billion above Monday’s N28.44 trillion. The increase was reflected

Fakoyejo Olalekan

May 16, 2023

Governor of Nigerias Central Bank Godwin Emefiele

Business

Emefiele Trying To Evade Probe With Study Leave – Zamfara Gov. Warns Buhari

The Governor of Zamfara State, Bello Matawalle, has warned that the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele is trying to evade accountability by requesting study leave to travel

Fakoyejo Olalekan

May 16, 2023

AMA News·Business

Burundi: Receiving a Cow Can Transform Someone’s Life

Mrs. Christine feeding her cows. Photo: Richard Giramahoro/PRDAIGL Gitega, BURUNDI, 16 May 2023-/African Media Agency(AMA)/—The Great Lakes Regional Integrated Agriculture Development Project (PRDAIGL) has transformed the life of 56-year-old Christine Nyabenda, a widow

Prime Business Africa

May 16, 2023

CBN Releases Another Around Of $10,000 FX To Each BDC, Mandates Them To Sell At N1,117/$1

Business·Currency

Nigeria’s Official Foreign Exchange Rate Depreciates, Traders Transact $55.10 million

The value of the Naira decreased slightly by 0.36 per cent on Monday, 15 May, with the cost of a Dollar inching higher by N1.67 kobo. This is according to the FMDQ

Fakoyejo Olalekan

May 16, 2023

Business

Court Makes New Ruling On Titan Trust’s Acquisition Offer To Union Bank’s Minority Investors

Justice A. Aluko of the Federal High Court, sitting at Lagos, has ordered shareholders of Union Bank of Nigeria (UBN) to meet over the proposed takeover offer made by Titan Trust Bank

Fakoyejo Olalekan

May 16, 2023

Buhari's 8years in Office: No Better Way To Squander Goodwill

Business

How Buhari Failed Small Business Owners In 8 years: Victims Of His Policies Speak Out

“Time Buhari o da,” those are the words of Mrs. Anioluwapo Olaoye, a fish seller in Alagbole, Ogun State, which translates in english as: “Buhari’s time is not good.” Olaoye is one

Fakoyejo Olalekan

May 16, 2023

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Business - Page 445

Gap Between Black Market, Official Window Dollar Rates Now N275.33

You Are Legally Dead – Polaris Bank Allegedly Tells Customer, Prevents Him From Accessing Account

NERC Goes After Kaduna Disco, Threatens To Shutdown Firm Over N93.41 billion Debt

Sterling Bank, AATIF Raise $15m To Fund Renewable Energy-powered Agro-enterprises

Transcorp, Nigerian Breweries, Others Lift Stock Market Cap By N102.38 billion

Emefiele Trying To Evade Probe With Study Leave – Zamfara Gov. Warns Buhari

Burundi: Receiving a Cow Can Transform Someone’s Life

Nigeria’s Official Foreign Exchange Rate Depreciates, Traders Transact $55.10 million

Court Makes New Ruling On Titan Trust’s Acquisition Offer To Union Bank’s Minority Investors

How Buhari Failed Small Business Owners In 8 years: Victims Of His Policies Speak Out

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