Finance & Economy - Page 119

The Alternative Bank Signs Multi-Sector Deal For Niger State’s Development

The Alternative Bank has sealed a multiyear deal with the Niger State government, aiming to drive growth across sectors including agriculture, transportation, energy, and infrastructure. “This Memorandum of Understanding represents a pivotal step

Emmanuel Ochayi

November 25, 2023

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

Business·Finance & Economy·News

CBN Governor Reveals $1.4B Loss Over 8 Years From 43-Item Forex Restrictions

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso has revealed losses amounting to $1.4 billion over eight years due to the CBN’s ban on 43 items. Cardoso made this revelation at

Emmanuel Ochayi

November 25, 2023

Agro-Economy·Business·News·World News

French Minister Launches Agri-Food Platform To Boost Nigeria Ties

In a move strengthening ties between France and Nigeria, Minister Olivier Becht inaugurated the “Food for Nations” agri-food platform on Friday. “This collaboration marks an exciting milestone,” Becht stated, emphasizing the platform’s role

Emmanuel Ochayi

November 25, 2023

How Nigeria’s External Reserves Rose By 5.6% To $38.8bn In 2024 — CBN

Finance & Economy·News

CBN’s Cardoso Hints On New Recapitalisation For Nigerian Banks

The Central Bank of Nigeria (CBN) has hinted on the plan to implement a new round of banking recapitalisation for the Deposit Money Banks (DMBs). This entails commercial banks in the country

Victor Ezejaand

Admin

November 25, 2023

CBN Governor Predicts Decline In Inflation, Exchange Rates In 2024

Business·Finance & Economy·News

How CBN Strayed From Core Mandate- Cardoso Vows Realignment

Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has unveiled it vision to recalibrate the apex bank’s direction, citing how it strayed away from it core mandate during the previous administration. Highlighting a

Emmanuel Ochayi

November 25, 2023

Agro-Economy·Business·News

Beef Stew Costs Surge By 17% , Escalating Financial Strain On Nigerian Households

In a disconcerting revelation from the latest stew index report by PricePally, the expense of preparing a pot of beef stew surged by 17 percent in 2023, painting a worrisome picture of

Emmanuel Ochayi

November 24, 2023

Naira Falls Against Dollar In Black Market As Demand Increases In FX Market

Business·Currency·News

Naira Slides To N956/$ As Dollar Supply Dwindles

Amidst a 13.78% plunge from its Wednesday closing rate, the Nigerian naira tumbled to N956 against the US dollar on Thursday, marking a distressing downturn in the forex market. According to data

Emmanuel Ochayi

November 24, 2023

Agro-Economy·Business·News

Nigerians’ Household Spending Surges To N61.07 Trillion Despite Soaring Inflation- NBS

The National Bureau of Statistics (NBS) revealed in its Expenditure and Income Gross Domestic Product (GDP) report that Nigerians spent N61.07 trillion on household consumption in the first half of 2023. This

Emmanuel Ochayi

November 24, 2023

Finance & Economy·News

How NNPCL Paid Idle Kaduna Refinery Workers For 20 Years – Speaker Abbas

The Speaker of the House of Representatives, Tajudeen Abbas, yesterday said that for Nigeria to avoid more wasteful years of non-performing public assets in the oil sector, the Nigerian National Petroleum Company

Victor Ezejaand

Admin

November 24, 2023

Business·Currency·News

Former Finance Minister Says Nigeria’s FX Crisis Worthy Of Guinness World Records

In an assessment of Nigeria’s economic turmoil, former Minister of Finance, Kalu Idika, expressed profound concern over the country’s foreign exchange crisis, suggesting it merits a place in the Guinness World Records.

Emmanuel Ochayi

November 23, 2023

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Finance & Economy - Page 119

The Alternative Bank Signs Multi-Sector Deal For Niger State’s Development

CBN Governor Reveals $1.4B Loss Over 8 Years From 43-Item Forex Restrictions

French Minister Launches Agri-Food Platform To Boost Nigeria Ties

CBN’s Cardoso Hints On New Recapitalisation For Nigerian Banks

How CBN Strayed From Core Mandate- Cardoso Vows Realignment

Beef Stew Costs Surge By 17% , Escalating Financial Strain On Nigerian Households

Naira Slides To N956/$ As Dollar Supply Dwindles

Nigerians’ Household Spending Surges To N61.07 Trillion Despite Soaring Inflation- NBS

How NNPCL Paid Idle Kaduna Refinery Workers For 20 Years – Speaker Abbas

Former Finance Minister Says Nigeria’s FX Crisis Worthy Of Guinness World Records

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