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Finance & Economy - Page 230

Business·Finance & Economy·News·Nigeria·Top Stories

Kano Shuts Entertainment Centres for Ramadan

The Kano State Government has ordered the closure of all entertainment centres across the state ahead of the Muslim holy month of Ramadan. The directive, announced on Tuesday by the Kano State Censorship Board, affects venues popularly known as gala houses as well as

February 18, 2026

Finance & Economy

Economist Advocates 3-year Budgeting System In Nigeria

A development economist, Dr Boniface Chizea, has urged the Nigerian government to adopt a three-year budgeting system as a way of resolving the challenge of meeting up with the implementation of all financial appropriations within the budget cycle. Dr Chizea, who is

December 29, 2022

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

Business·Currency

Bureau De Change Operators Agree To Sell Dollar At N745, Disagree On Buy Rate

The black market seems to be aligned on the exchange rate to sell dollars to the public, but there’s a disparity in the rate to buy the foreign currency from traders and individuals. In the parallel market, demand and supply determine the

December 29, 2022

BDC Operators' Pound Rate Causing Gains, Loses For Nigerians

Business·Currency

Black Market’s Pound Rate Causing Gains, Loses For Nigerians

On Wednesday, the pound extended its value closer to N1000 exchange rate in the Bureau De Change window of the black market, selling above the dollar rate. Prime Business Africa was told by Bureau De Change operators that they sold one pound

December 28, 2022

Naira Opens Week With Gain Across FX Markets

Business·Currency

BDC Operators Offer To Buy Dollar At N730 To Entice Official Market Traders

The exchange rate between the dollar and naira continues to sell above N700 in the black market, as demands for foreign exchange switched to the parallel market due to the Christmas holiday in the official market. Amid the yuletide period, the black

December 28, 2022

World's 20 Richest Women In 2022 - Their Net Worth

Insights·News·Personal Finance·World News

See World’s 20 Richest Women In 2023 – UPDATED

PBA’s list of world’s ’20 richest women’ serves to show that great wealth is not exclusive to men; women are good billionaires as well. Many of these women attained billionaire status either by inheriting fortunes and adding more, or by creating wealth

December 28, 2022

Business·Currency

Dollar Goes For N740 In Black Market, Maintains N200 Above Official Forex Rate

As Nigerians celebrate the yuletide period, the dollar rate remains at a premium in the black market, as the naira exchanged at N740/$1 on Tuesday. The exchange rate between the naira and the dollar in the parallel market maintains more than N200

December 27, 2022

'Illegal Mining Threatens Nigeria's Economic Growth'

Business·Insights·Oil & Gas

UK’s Coal Mining Approval Gives Credence To Hypocrisy Allegation

The decision of the United Kingdom to approve a coal mine operation in Cumbria, in December, has given credence to the labelling of western countries as ‘hypocritical’ among developing nations. Developed countries have been mounting pressure on Nigeria and other African countries

December 23, 2022

Business·Oil & Gas

Tinubu Vows To Ignore Protest, Remove Fuel Subsidy

The Presidential Candidate of the All Progressives Congress (APC), Bola Ahmed Tinubu, has said he will remove subsidy on Premium Motor Spirit (PMS), also known as petrol if elected in 2023 election. Tinubu said he’s going to make the bold decision that

December 23, 2022

CBN Releases Another Around Of $10,000 FX To Each BDC, Mandates Them To Sell At N1,117/$1

Business·Currency·Insights

2022 In Review: How CBN Helped Dollar Speculators Win Big Against Naira

In the year 2022, Naira has had to fight against negative projection, strong dollar speculators, hoarders and the flip-flop policies of the Central Bank of Nigeria (CBN). Judging by the exchange rate as of Wednesday, speculators are still winning. Although the naira

December 22, 2022

Business·Currency·Sports

Qatar World Cup Win: Lionel Messi’s Face On Argentina Currency

The Central Bank of Argentina is planning to add Lionel Messi’s face on the country’s currency after he led the Argentine team to their 2022 World Cup triumph in Qatar. Prime Business Africa had reported that Messi scored twice to help Argentina

December 22, 2022

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Finance & Economy - Page 230

Kano Shuts Entertainment Centres for Ramadan

Economist Advocates 3-year Budgeting System In Nigeria

Bureau De Change Operators Agree To Sell Dollar At N745, Disagree On Buy Rate

Black Market’s Pound Rate Causing Gains, Loses For Nigerians

BDC Operators Offer To Buy Dollar At N730 To Entice Official Market Traders

Dollar Goes For N740 In Black Market, Maintains N200 Above Official Forex Rate

UK’s Coal Mining Approval Gives Credence To Hypocrisy Allegation

Tinubu Vows To Ignore Protest, Remove Fuel Subsidy

2022 In Review: How CBN Helped Dollar Speculators Win Big Against Naira

Qatar World Cup Win: Lionel Messi’s Face On Argentina Currency

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