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Business - Page 556

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

The Federal Government of Nigeria has issued its debut bond under the Presidential Power Sector Debt Reduction Programme, raising N590 billion to settle verified arrears owed to power generation companies and gas suppliers. The bond, guaranteed by the full faith and credit

December 21, 2025

Business·News

Sterling Bank, Credit Café Sign MoU On Loans To Customers In health, Education Sectors

Sterling Bank Plc has signed a partnership agreement with Credit Café Africa for the distribution of a credit facility template, insurance and other value-added services for existing and potential customers of the bank in the health and education sectors of the economy.

February 15, 2023

Business

Foreign Representatives Meet CBN’s Emefiele Over Naira Redesign Chaos

Diplomatic Corps met with the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, on Tuesday, 14 February 2023, amid the Naira redesign policy that has caused chaos within the country. According to a statement released by the central bank via

February 15, 2023

Criticism Trails Senate's Approval Of CBN’s N22.7 trillion Loans To FG

Business

Presidency Contradicts CBN, Banks On Supreme Court Ruling On Old Naira Notes

The Presidency has contradicted the Godwin Emefiele-led Central Bank of Nigeria (CBN) regarding the ruling of the Supreme Court on the old Naira notes deadline. It was stated that neither the Federal Government nor the central bank have taken a position contrary

February 15, 2023

Business·Entrepreneurship

Monieworx Enables 3 SMEs Raise N100M In 10 Days Through Regulated Crowdfunding, Nigeria’s First

Alternative Finance Limited (Obelix), Nigeria’s Crowdfunding Intermediary, regulated by the Securities and Exchange Commission (SEC), on Tuesday announced that it has fundraised N100 million from 9,324 registered small-ticket retail investors for three promising small and medium enterprises in just 10 days. With

February 15, 2023

Business·Currency·News·Top Stories

Food Prices Drop On CBN’s Naira Policy In Suleja, Lambata, Other Markets

Amid widespread hardship trailing Nigeria’s naira policy implementation, the country’s central bank says inflation is already abating and could pleasantly drop some 4 percent off its current 22 percent rate by mid 2023. The general scarcity of the naira notwithstanding, Prime Business

February 15, 2023

Eight Controversial Decisions By Godwin Emefiele As CBN Governor

Business·Currency·News

Why Naira Scarcity, Queues – CBN’s Emefiele Briefs Diplomatic Community

Governor of the Central Bank of Nigeria (CBN) on Tuesday took his campaign for his naira redesign and cashless policy to the members of the diplomatic community who met at the Ministry of Foreign Affairs in Abuja. Emefiele, who said he was

February 14, 2023

Call CBN to arrest POS agents selling naira notes

Business·News·Top Stories

BREAKING: Call CBN On 07002255226 To Arrest POS Agents Selling Naira, Charging Above N200

The Central Bank of Nigeria has released telephone numbers through which members of the public could report POS agents selling new naira notes, or charging above N200 naira for withdrawal of amounts up to N10,000. The Director, Governor’s Department, CBN, Mr Joseph

February 14, 2023

FCCPC To Investigate, Penalise POS Agents, Says POS Service Price Increase Illegal

Business·Currency

Naira Crisis: CBN Vows To Arrest POS Operators Charging Above N200 Or Selling New Notes

The Central Bank of Nigeria (CBN), has vowed to arrest and prosecute Point of Sale (PoS) operators, and others taking advantage of Nigerians by engaging in the illicit business of selling the new naira notes due to the lingering scarcity. The Director,

February 14, 2023

Business

CBN Reveals Three Steps To Deposit Old Naira Notes, Says Commercial Banks Will Not Accept It

The Central Bank of Nigeria (CBN) has stated that old Naira notes can only be deposited at the apex bank, disclosing that commercial banks will no longer accept them. In a statement on Monday, 13 February 2023, Haladu Andaza, the CBN Branch

February 14, 2023

Seplat Energy, Total Lead List Of Highest Paying Companies In Nigeria

Business

Investment Formula To Unlock Wealth In Today’s World

The most ideal way to reach your long-term financial goals is by investing. However, every conversation on investment must start with this obvious reality: Investing entails accepting risks. Your ability to manage such risks without sacrificing appropriate returns will play a part

February 14, 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 556

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

Sterling Bank, Credit Café Sign MoU On Loans To Customers In health, Education Sectors

Foreign Representatives Meet CBN’s Emefiele Over Naira Redesign Chaos

Presidency Contradicts CBN, Banks On Supreme Court Ruling On Old Naira Notes

Monieworx Enables 3 SMEs Raise N100M In 10 Days Through Regulated Crowdfunding, Nigeria’s First

Food Prices Drop On CBN’s Naira Policy In Suleja, Lambata, Other Markets

Why Naira Scarcity, Queues – CBN’s Emefiele Briefs Diplomatic Community

BREAKING: Call CBN On 07002255226 To Arrest POS Agents Selling Naira, Charging Above N200

Naira Crisis: CBN Vows To Arrest POS Operators Charging Above N200 Or Selling New Notes

CBN Reveals Three Steps To Deposit Old Naira Notes, Says Commercial Banks Will Not Accept It

Investment Formula To Unlock Wealth In Today’s World

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

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