Business - Page 594

Official Exchange Rate Set To Rise Significantly, As World Bank Demands CBN Adjust Forex Rate

The World has requested an adjustment in the exchange rate of the Investors & Exporters (I&E) window in Nigeria, stating that the rise in oil price has presented the Central Bank of

Fakoyejo Olalekan

June 21, 2022

Business·Currency

Black Market Dollar To Naira Exchange Rate Today: Forex Trade Crashes To Two Months Low

The naira to dollar rate traded flat in the official market on Monday, as the value of foreign currency exchanged fell, nearing a low last recorded on April 4, 2022, while the

Fakoyejo Olalekan

June 21, 2022

Business

Why CBN Seized $450 million Belonging To Foreign Airlines Operating In Nigeria

About $450 million belonging to foreign airlines operating in Nigeria has been seized by the Central Bank of Nigeria (CBN), preventing the international companies from repatriating the funds back to their base.

Fakoyejo Olalekan

June 21, 2022

EU Approves New Round Of Sanctions Against Russia As Ukraine’s Invasion Anniversary Nears

Business

Ukraine Gets New Funds From Cryptocurrency Market To Finance War Against Russia

Ukraine’s Deputy Minister of Digital Transformation, Alex Bornyakov, has revealed that the country raised funds in the cryptocurrency market through the CryptoPunk #5364 it was gifted in March. Bornyakov, in a statement

Fakoyejo Olalekan

June 21, 2022

Business

VIDEO: Why Airport Workers Seize Nigerian Passengers’ Luggage, Threaten Them

Workers at the Murtala Muhammed International Airport seized passengers luggage in protest of unpaid salary on Monday. The situation led to chaos within the airport located in Lagos State. In a viral

Fakoyejo Olalekan

June 20, 2022

Business

World Bank Criticises CBN Policies, Says Nigeria Sitting On Time Bomb

The Central Bank of Nigeria (CBN) policies have been criticised by the World Bank, saying it worsens the business environment in the country. The global financial body hinted that the financial regulator

Fakoyejo Olalekan

June 20, 2022

Business·Currency

Black Market Dollar To Naira Exchange Rate Today: Nigerian Currency Depreciates 21% Since CBN Ban On BDC Operators

The United States currency, Dollar, and that of Nigeria, Naira, held tight to their ground on Friday, trading at the same previous rates across the official foreign exchange market, Investors & Exporters

Fakoyejo Olalekan

June 20, 2022

Business

42-year-old Ikeja Electric Technician, Matthew Umukoro, Dies On Duty

Ikeja Electric technician, Matthew Umukoro, has died while on duty for the electricity company in Igbe Road, Igbogbo, an area located in the Ikorodu Local Government Area of Lagos state. Umukoro, who

Fakoyejo Olalekan

June 20, 2022

Business·Finance & Economy·Insights

Ranking: Five Best Performing Tier-1 Nigerian Banks In Q1 2022

Customers’ deposits in the vault of Nigerian tier-1 financial institutions, First Bank, United Bank for Africa (UBA), Guaranty Trust Bank (GTBank), Access Bank and Zenith Bank rose to N31.58 trillion as at

Fakoyejo Olalekan

June 20, 2022

Business·Real Estate

Tony Elumelu’s Afriland Properties, Lagos State Sign Partnership To Develop Falomo Towers

Lagos State Development and Property Corporation (LSDPC) and Afriland Properties signed a Public Private Partnership (PPP) to upgrade the Falomo Shopping Mall, situated in Ikoyi. This was announced in a video sent

Fakoyejo Olalekan

June 18, 2022

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Business - Page 594

Official Exchange Rate Set To Rise Significantly, As World Bank Demands CBN Adjust Forex Rate

Black Market Dollar To Naira Exchange Rate Today: Forex Trade Crashes To Two Months Low

Why CBN Seized $450 million Belonging To Foreign Airlines Operating In Nigeria

Ukraine Gets New Funds From Cryptocurrency Market To Finance War Against Russia

VIDEO: Why Airport Workers Seize Nigerian Passengers’ Luggage, Threaten Them

World Bank Criticises CBN Policies, Says Nigeria Sitting On Time Bomb

Black Market Dollar To Naira Exchange Rate Today: Nigerian Currency Depreciates 21% Since CBN Ban On BDC Operators

42-year-old Ikeja Electric Technician, Matthew Umukoro, Dies On Duty

Ranking: Five Best Performing Tier-1 Nigerian Banks In Q1 2022

Tony Elumelu’s Afriland Properties, Lagos State Sign Partnership To Develop Falomo Towers

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