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Finance & Economy - Page 279

Tinubu Nominates New Oil Regulators as Ahmed, Komolafe Resign

President Tinubu has nominated new chief executives for Nigeria’s petroleum regulatory agencies following the resignation of the heads of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), developments that come amid intense controversy

December 18, 2025

Finance & Economy

Access Bank Unveils 6th AccessX Experience Centre In Lagos, Others

In a bid to continue to provide access to a mix of product information and lifestyle offerings to Nigerians, Access Bank Plc has launched the sixth AccessX experience centre across the country. Speaking to journalists during a tour of the newly built

November 15, 2021

Finance & Economy

CBN Partners RIFAN To Recover N463bn Anchor Borrowers Programme Unpaid Loan

CENTRAL Bank of Nigeria (CBN) has partnered with Rice Farmers Association of Nigeria (RIFAN), to forcefully recover N463bn Anchor Borrowers Programme (ABP) unpaid loan from beneficiaries of the scheme. In a bid to reduce food importation and address the negative

November 14, 2021

Finance & Economy

AMCON Promotes Entrepreneurship With N1.5mn For Corps Members

The Asset Management Corporation of Nigeria (AMCON) has initiated an entrepreneurship and empowerment programme for members of the National Youth Service Corps (NYSC) posted to carry out their national service with AMCON. The scheme, which is tagged the “Managing Director’s Annual NYSC

November 14, 2021

Finance & Economy

Kuda Bank Threatens To Close Accounts Engaged In Cryptocurrency Transactions

Kuda Bank has threatened its customers that it would close accounts found to be engaged in the transaction of cryptocurrency. The bank said it can’t facilitate cryptocurrency transactions because it violates the policy of the Central Bank of Nigeria which regulates all

November 14, 2021

Currency

eNaira Wallet Records 488,000 Downloads In 160 Countries

RECENTLY launched Central Bank of Nigeria (CBN) Digital Currency has been downloaded 488,000 in 160 countries all over the world. According to a statement released by the CBN, to mark the first 19 days of the eNaira launch, the apex bank

November 13, 2021

Stock Market Cap Closes At N34.97trn, Investors Gain N40.9bn

Currency·Markets

Exchange Rate Update: Friday 12 October, 2021

Data at the FMDQ Security Exchange where forex is traded officially has shown that the exchange rate between the naira and the US dollar opened at ₦414.39/$1 on 12th November 2021 after closing at ₦414.73/$1. Showing a change of 0.03 Also, at

November 12, 2021

Tony Elumelu Foundation entrepreneurship programme 2021

Africa·Entrepreneurship

Elumelu Foundation Spends $24.7m, Empowers 5000 African Entrepreneurs

TONY Elumelu Foundation (TEF), a leading non-profit organization in Africa, has invested $24.7 million in providing seed capital funding for almost 5000 entrepreneurs selected from across the 54 nations on the continent.

November 12, 2021

Finance & Economy

CBN Says, Food Import Bill Plummet From $3.40 billion to $0.56 billion

Governor of Central Bank of Nigeria, Godwin Emefiele, has said that as a result of its interventions in agriculture, the food import bill has dropped from $3.40 billion in 2014 to $0.56 billion, representing a drop of over 80 per cent over

November 12, 2021

Finance & Economy

Stock Exchange Continue To Experience Free Fall On Thursday

Trading on the floor of the Nigerian stock exchange continued on a downward trend on Thursday as investors continue to take profit. The stocks which recorded a decline on Wednesday after a bullish run declined further on Thursday closing at a

November 12, 2021

Finance & Economy·News

CBN, At Lagos Trade Fair, Harps On Employment- led Growth

THE Central Bank of Nigeria (CBN) has reiterated commitment to ensuring that Nigeria returns to employment-led growth anchored on productivity and rewarding producers of local goods, services, innovation and new technologies. The bank made this fresh commitment on Thursday during the CBN

November 11, 2021

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Nigeria Launches N590bn Power Sector Bond to Clear GENCO, Gas Arrears

The Federal Government of Nigeria has issued its debut bond

Dollar Trades Flat In Black Market, Appreciates In Official Window

The dollar traded at N1,487.01/$1 in the parallel market on

Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty

The government of Venezuela has condemned what it described as

Bank of Japan Poised to Lift Rates to 30-Year High as Inflation Pressures Persist

The Bank of Japan (BOJ) is set to raise its

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Finance & Economy - Page 279

Tinubu Nominates New Oil Regulators as Ahmed, Komolafe Resign

Access Bank Unveils 6th AccessX Experience Centre In Lagos, Others

CBN Partners RIFAN To Recover N463bn Anchor Borrowers Programme Unpaid Loan

AMCON Promotes Entrepreneurship With N1.5mn For Corps Members

Kuda Bank Threatens To Close Accounts Engaged In Cryptocurrency Transactions

eNaira Wallet Records 488,000 Downloads In 160 Countries

Exchange Rate Update: Friday 12 October, 2021

Elumelu Foundation Spends $24.7m, Empowers 5000 African Entrepreneurs

CBN Says, Food Import Bill Plummet From $3.40 billion to $0.56 billion

Stock Exchange Continue To Experience Free Fall On Thursday

CBN, At Lagos Trade Fair, Harps On Employment- led Growth

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Finance & Economy - Page 279

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