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Finance & Economy - Page 279

Marketers Rattled As Dangote Refinery Begins Free Fuel Supply, Slashes Petrol Price

The Dangote Petroleum Refinery’s initiative to begin free direct fuel distribution to retailers starting 15 September 2025 has significantly disrupted Nigeria’s downstream oil sector. While promising cost savings and increased efficiency, this move has elicited mixed reactions from marketers, labour unions, and

September 12, 2025

Currency·Finance & Economy·Top Stories

Exchange Rate update: Friday October 22, 2021

Data obtained from the FMDQSecurity Exchange where foreign exchange (forex) is traded officially, shows that the exchange rate between the naira and the US dollar at the Investors and Exporters (I&E) window opened at N414.10/$1 on Friday, October 22, 2021. The local

October 22, 2021

Events·Finance & Economy

Prof. Utomi, Muda Yusuf, Others Lead Impressive Cast Of Speakers For Prime Business Africa SEEDS Seminar

POLITICAL Economy and Management expert, Professor Pat Utomi, former Director General of the Lagos Chamber of Commerce and Industry (LCCI), Muda Yusuf as well as the West Africa Regional Director of Ford Foundation, Ms Dr. ChiChi Aniagolu-Okoye lead the roll call of

October 22, 2021

Finance & Economy·Top Stories

FG’s Deficit Continues To Widen As DMO Oversells October Bond Auction

AS funding pressures on the fiscal coffers of the Federal Government (FG) continues, and in line with the trend observed at recent auctions, the Debt Management Office (DMO) has sold N192.8billion worth of bonds against the N150.0billion offered. Information obtained from the

October 22, 2021

Currency·Finance & Economy·Top Stories

Exchange Rate Update: Thursday, October 21, 2021

DATA obtained from the FMDQSecurity Exchange where foreign exchange (forex) is traded officially, shows that the exchange rate between the naira and the US dollar at the Investors and Exporters (I&E) window opened at N413.94 on Thursday, October 21, 2021. The rate

October 21, 2021

HE Central Bank of Nigeria (CBN) says Nigerians without Internet-enabled or Android phones will still make transactions on the eNaira platform.

Currency·Finance & Economy·Top Stories

How eNaira Platform Can Work In Phones Not Internet-enabled

THE Central Bank of Nigeria (CBN) says Nigerians without Internet-enabled or Android phones will still make transactions on the eNaira platform. The apex bank disclosed this in a document titled ‘Design paper for the eNaira’. According to the apex bank, eNaira was

October 21, 2021

Finance & Economy·Top Stories

AfDB Group, MTN Sign $500,000 Grant Deal To Study Women’s Access To Financial Services

THE African Development Bank (AfDB.org) has signed a grant agreement for $500,000 with Y’ello Digital Financial Services (YDFS), a fintech subsidiary of MTN Nigeria, to be used for a study into economic, religious, and social factors hampering access to finance for women

October 20, 2021

Finance & Economy·Top Stories

Citigroup Recognizes Fidelity Bank For Efficiency In Foreign Currency Payments

IN recognition of its excellent operational efficiency in foreign currency payments, leading financial institution, Fidelity Bank Plc, has been given the Straight-Through Processing (STP) Excellence Award by Citigroup. Every year, Citigroup, a leading global bank headquartered in New York and present in

October 20, 2021

Finance & Economy·Top Stories

Sterling Bank Promotes Renewable Energy Use

…Powers Corporate HQ With Solar Technology Sterling Bank Plc is showing commitment to promoting renewable energy use. It currently powers its corporate headquarters with Integrated Photovoltaic (BIPV) energy technology as the primary source of energy. Dele Faseemo, Group Head of Energy at

October 20, 2021

CBN Reveals JP Morgan’s Intention After Report On Nigeria’s Foreign Reserves

Entrepreneurship·Finance & Economy·Top Stories

CBN Releases Guidelines For Implementation Of Tertiary Institutions Entrepreneurship Scheme

…To Harness Potential Of “Gradpreneurs” THE Central Bank of Nigeria (CBN), on Wednesday, released guidelines for the implementation of tertiary institutions entrepreneurship scheme. The Guideline outlines the operational modalities for the Scheme, with the objective of enhancing access to finance by undergraduates

October 20, 2021

Currency·Finance & Economy·Top Stories

Forex Update Today: Naira (N) vs Dollar ($)

THE Dollar on Wednesday, October 20, opened at an exchange rate of ₦414.18/$1 after the Naira closed at ₦414.73 to a $1 on Monday, 18 October 2021. This is according to the data obtained from the FMDQSecurity Exchange where foreign exchange (forex)

October 20, 2021

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Market Analysis: Nigeria’s Q2 Growth Numbers In View

Sector details from today's GDP, especially the balance between services

NGX stock market. Photo credit: TheCable

Nigeria’s Stock Market Sustains Bullish Run, UBA, Zenith, FBN Lead Gainers

The Nigerian All-Share Index edged higher on Thursday, holding above

Naira Rises To N1,500/$ At Official Market

The Nigerian naira has appreciated against the U.S. Dollar for

Bitcoin Steady Above USD 114,000 as Markets Await CPI Release

The PPI fell 0.1% in August, its first drop in

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Finance & Economy - Page 279

Marketers Rattled As Dangote Refinery Begins Free Fuel Supply, Slashes Petrol Price

Exchange Rate update: Friday October 22, 2021

Prof. Utomi, Muda Yusuf, Others Lead Impressive Cast Of Speakers For Prime Business Africa SEEDS Seminar

FG’s Deficit Continues To Widen As DMO Oversells October Bond Auction

Exchange Rate Update: Thursday, October 21, 2021

How eNaira Platform Can Work In Phones Not Internet-enabled

AfDB Group, MTN Sign $500,000 Grant Deal To Study Women’s Access To Financial Services

Citigroup Recognizes Fidelity Bank For Efficiency In Foreign Currency Payments

Sterling Bank Promotes Renewable Energy Use

CBN Releases Guidelines For Implementation Of Tertiary Institutions Entrepreneurship Scheme

Forex Update Today: Naira (N) vs Dollar ($)

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