Finance & Economy - Page 119

Nigeria's Treasury Bills Surpass N6.6trn In 2023 Amid Economic Headwinds

Rise In Dollar Rate: 4 Ways New Naira Will Affect Nigerians, Economy

Last week Wednesday, President Muhammadu Buhari unveiled the new naira redesigned by the Central Bank of Nigeria (CBN), opening a new vista of events in Nigeria’s monetary policy management framework. The redesigned

Fakoyejo Olalekan

1 year ago

Finance & Economy

Reform Declining Economic Sectors To Fix Nigeria, Expert Tells Gov’t

Chief Executive Officer of the Centre for Promotion of Private Enterprise (CPPE), Dr. Muda Yusuf, has called on the Nigerian government to reform declining economic sectors as reflected in the 2022 third

Victor Ezeja

1 year ago

CBN Places Service Restriction On PoS Agents Across Nigeria

Business·Currency

Govt Must Tackle Oil Theft To Stabilise Forex Rate, Reserves – Emefiele Reveals

For Nigeria’s foreign reserves to rise and stabilise forex rate, the Federal Government must conclusively address the persistent challenge of oil theft, Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele,

Fakoyejo Olalekan

1 year ago

Naira Appreciates To N874 In Official Market Amid $2.25bn FX Support

Business·Currency

Naira Gains Big, As Dollar Rate Crashes In Black Market, CBN-backed Window

The dollar rate in the Bureau De Change-controlled ‘black market’ fell on Monday, as the naira appreciated by -0.5 per cent, to strengthen its position against the American greenback. The Nigerian appreciated

Fakoyejo Olalekan

1 year ago

Business·Currency

Dollar Rate Rises In Official Market, CBN’s Emefiele Blames Nigerians Abroad

The dollar rate was in opposite directions at the black and official markets on Friday, as the currencies continued to react to the emergence of new naira notes. In the parallel market,

Fakoyejo Olalekan

1 year ago

Peter Obi Reveals Why UK Gov't Shutdown His 'Next' Company

Business·Oil & Gas

Peter Obi Reveals Why Nigeria Must Look Beyond Oil

The Presidential candidate of Labour Party, Peter Obi, said Nigeria must look beyond oil, a week after it was revealed the commodity no longer contributes to the country’s foreign reserves. Nigeria’s oil

Fakoyejo Olalekan

1 year ago

Naira Gains More As Exchange Rate Drops To N1,300/$1 At Official Market

Business·Currency

Naira Sustains Slow Recovery, As Dollar Goes For N772

The naira appreciated on Thursday against the dollar in the black market, as the exchange rate between both currencies went down by 0.39 per cent. This means that the rate to exchange

Fakoyejo Olalekan

1 year ago

Fuel scarcity: IPMAN Urges NNPC To Revive Own Depots

Petrol Scarcity: Marketers Urge NNPC To Revive Own Depots

With the persistent scarcity of fuel, the Independent Petroleum Marketers Association of Nigeria (IPMAN) has urged the Nigeria National Petroleum Company (NNPC) Limited to revive its depots across the country to address

Victor Ezeja

1 year ago

Nigeria’s Minimum Wage Now N19,355 – World Bank Says, Reveals Factors Hindering Growth

Business·Currency

CBN’s Deposit Record Rises By N165 billion On Old Naira Deadline

The Director of Currency for the Central Bank of Nigeria (CBN), Rasheed Adams, has disclosed that the financial regulator has received more deposits than it projected since the apex bank urged Nigerians

Fakoyejo Olalekan

1 year ago

Council Of State Asks FG, CBN To Allow Banks Circulate Old Naira, Print New Banknotes

Business·Currency·Latest News

New Naira Note Has Security Features To Prevent Counterfeiting – Buhari

President Muhammadu Buhari has stated that the new Naira notes have been fortified with security features to prevent counterfeit. Buhari stated this while launching the new ₦200, ₦500, ₦1000 bank notes on

Victor Ezeja

1 year ago

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Finance & Economy - Page 119

Rise In Dollar Rate: 4 Ways New Naira Will Affect Nigerians, Economy

Reform Declining Economic Sectors To Fix Nigeria, Expert Tells Gov’t

Govt Must Tackle Oil Theft To Stabilise Forex Rate, Reserves – Emefiele Reveals

Naira Gains Big, As Dollar Rate Crashes In Black Market, CBN-backed Window

Dollar Rate Rises In Official Market, CBN’s Emefiele Blames Nigerians Abroad

Peter Obi Reveals Why Nigeria Must Look Beyond Oil

Naira Sustains Slow Recovery, As Dollar Goes For N772

Petrol Scarcity: Marketers Urge NNPC To Revive Own Depots

CBN’s Deposit Record Rises By N165 billion On Old Naira Deadline

New Naira Note Has Security Features To Prevent Counterfeiting – Buhari

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