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Finance & Economy - Page 226

Arab Bank, DCO Agree on Framework for Cooperation on Inclusive, Sustainable Digital Economies

The Digital Cooperation Organization (DCO), the world’s first standalone international intergovernmental organization dedicated to accelerating inclusive and sustainable digital economies, and the Arab Bank for Economic Development in Africa (BADEA) Friday signed a Memorandum of Understanding (MoU) as part of an ongoing

November 1, 2025

Naira Vs Dollar: What To Expect This Week (2nd - 6th June 2025)

Business·Currency

BDC Operators Drop Dollar Rate As Buhari Unveils New Naira Note

The dollar rate in the black market dropped, hours after President Muhammadu Buhari and the Central Bank of Nigeria (CBN) unveiled the new naira note. In a chat with Prime Business Africa, a Bureau De Change operator in Ogba area of Lagos

November 23, 2022

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

Business·Currency

1.4 million Agents To Help Rural, Urban Dwellers Meet January 31 Deadline For Old Naira Notes – CBN

The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, said residents in rural areas have no excuse for not depositing old naira notes before the phase-out deadline of January 31, 2023. There were unconfirmed reports that herdsmen and their leaders

November 23, 2022

Naira Policy: CBN Mops Up N1.6 trillion In Just I Month

Business·Currency

Photos: Buhari Unveils New Naira Notes

President Muhammadu Buhari has unveiled the redesigned naira notes on Wednesday, a day after Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, cancelled the initial launch date. The new move comes clear three weeks earlier than the December 15 date

November 23, 2022

Naira Opens Week With Gain Across FX Markets

Business·Currency

Dollar Sells At N780, Flat At Black Market

The exchange rate between the dollar and the naira at the black market was flat on Monday, but the case was different in the official market, where the Nigerian currency appreciated. Bureau De Change operators offered the United States currency at N780/$1.

November 22, 2022

Cash In Circulation Up By N701.4 billion, Emefiele's CBN Loses Control Again

Business·Currency

Money Supply Hits N50.5 trillion On Naira Reissue

Money Supply in Nigeria has crossed N50.5 trillion, the Central Bank of Nigeria (CBN) has revealed. This comes as the financial services regulator plans to release redesigned naira notes. The money supply had closed last year with N44.4 trillion but following a

November 21, 2022

Business·Finance & Economy·News·Top Stories

27 Ways To End ‘Nigeria’s Poverty Trap’ – IGET Policy Report

The maiden IGET Policy Report, termed ‘Nigeria’s Poverty Trap – How To End It,’ released in the early hours of Monday, November 21, 2022, suggests 27 ways Nigeria could get 100 million of its citizens out of extreme poverty. The Policy

November 21, 2022

Soft Drink Prices To Rise, Jobs At Risk Over FG’s 20% Tax, As Producers Lament

Business·Finance & Economy

New Tax Will Collapse Soft Drinks Sector – Manufacturers

The carbonated soft drinks sub-sector of the Manufacturers Association of Nigeria (MAN) has raised the alarm over Federal Government’s proposed 20 per cent ad-valorem excise tax on non-alcoholic beverages. The new policy will affect the widely consumed Carbonated Soft Drinks (CSD) segment.

November 18, 2022

Naira Ends Week With N59.71 Gain At Official Market

Business·Currency

Dollar Rate Stable At Black Market, Falls In Official Channel After EFCC’s Prediction

The black market reports exchange rate stability between the naira and the US dollar on Thursday, while the Nigerian currency appreciated at the official window. Bureau De Change operators at the parallel market sold the dollar below N800, with the asking price

November 18, 2022

Naira Ends Week With Marginal Gain Against Dollar

Business·Currency·Insights

6 Reasons Naira Gains, Loses In Black Market

In the second week of November, the naira gained significantly against the United States dollar (USD) in black market after a free fall in last week of October and first week of November. The naira had appreciated by 25.2 percent, handing Bureau

November 18, 2022

Finance & Economy

Inflation: CPPE Seeks Concessionary Import Duty For Industrialists

Centre for Promotion of Private Enterprise (CPPE) has called on the Nigerian government to review it’s tariff policies by granting concessionary import duty on intermediate products as a way of addressing the inflationary pressures on producers, individuals and the economy in general.

November 17, 2022

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Finance & Economy - Page 226

Arab Bank, DCO Agree on Framework for Cooperation on Inclusive, Sustainable Digital Economies

BDC Operators Drop Dollar Rate As Buhari Unveils New Naira Note

1.4 million Agents To Help Rural, Urban Dwellers Meet January 31 Deadline For Old Naira Notes – CBN

Photos: Buhari Unveils New Naira Notes

Dollar Sells At N780, Flat At Black Market

Money Supply Hits N50.5 trillion On Naira Reissue

27 Ways To End ‘Nigeria’s Poverty Trap’ – IGET Policy Report

New Tax Will Collapse Soft Drinks Sector – Manufacturers

Dollar Rate Stable At Black Market, Falls In Official Channel After EFCC’s Prediction

6 Reasons Naira Gains, Loses In Black Market

Inflation: CPPE Seeks Concessionary Import Duty For Industrialists

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Finance & Economy - Page 226

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