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Finance & Economy - Page 279

Soldiers Clash with FCT Minister Wike Over Disputed Land in Abuja

A tense confrontation unfolded in Abuja on Tuesday as soldiers blocked Federal Capital Territory (FCT) Minister Nyesom Wike from inspecting a disputed parcel of land in the Gaduwa District. The incident, captured on video and widely shared online, has drawn attention to

November 11, 2025

Currency·Markets

eNaira Speed Wallet App Gains Traction, Records Over 360,000 Downloads

RECENTLY unveiled Central Bank Digital Currency also known as eNaira has gained massive traction few days after. The eNaira application has two versions namely: eNaira speed wallet for individuals and eNaira speed merchant wallet for business Both versions of the app were

November 5, 2021

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

Agro-Economy

CBN To Provide 13,000MT Of Seeds To Wheat Producers

CENTRAL Bank of Nigeria (CBN), has promised to intervene and assist wheat farmers in the country out of the challenge of inadequate seeds. Farmers’ researchers and industrialists have also identified poor quality of inputs and inadequate infrastructure as other factors impending

November 5, 2021

Agro-Economy·FEATURES

UNEP 2021 Report Calls For More Funding Commitment To Climate Change Adaptation Effort

…As African Leaders Call For Climate Change Adaptation Finance Assistance From Developed Nations JUST as leaders of countries across the world gather at Glasgow, Scotland to discuss the way forward on tackling the impact of climate change, a new report released

November 4, 2021

Finance & Economy

Banks to stop accepting old £20, £50 notes Dec 31

Deposit Money Banks in Nigeria have disclosed that December 31, 2021 is the deadline for the acceptance of old £20 and £50 notes to enable proper conclusion of cash evacuation. Fidelity Bank Plc, in an email to its customers on Wednesday titled

November 4, 2021

Financial Obligations Force MTN Nigeria To Borrow N125bn From Commercial Paper Investors

Finance & Economy

MTN Nigeria Ends Issuance Of N90bn Series II Fixed Rate Bonds

MTN Nigeria Communications Plc (MTN Nigeria) has successfully completed the issuance of its N89,999,000,000 Series II 10-Year 12.75per cent Fixed Rate Bonds due 2031 (“Series II Bond”) under the N200 billion Bond Issuance Programme. The Series II Bond is the second issuance

November 4, 2021

Finance & Economy

FEC Okays N33.8bn for Installation of Baggage Handling, Others at Lagos, Abuja Airports

The Federal Executive Council (FEC) led by Vice President Yemi Osinbajo has approved the sum of N33.8bn for the installation of baggage handling systems, Disabled Aircraft Recovery System and total radar coverage modernisation for the Lagos, Abuja airports and the Nigeria Airspace

November 4, 2021

Finance & Economy·Top Stories

Presco Shareholders Get N1 billion Interim Dividend

Presco Plc has announced an interim dividend of N25 per share, translating to a payout of N1billion. The dividend is subject to appropriate withholding tax and will be paid to the shareholders whose names appear on the register of members as at

November 3, 2021

Transcorp Hotels Records 62% Profit Growth In Impressive Q3 Financials

Finance & Economy

Q3 2021: Transcorp Hotels Records 662% Profit Growth

Transcorp Hotels Plc. owner of Transcorp Hilton Abuja, Transcorp Hotels Calabar and Aura by Transcorp Hotels, has announced its unaudited third quater (Q3) results showing 115 percent growth in revenue year-on-year (YoY) to N14.6 billion and a gross profit growth of 149

November 3, 2021

Agro-Economy·Top Stories

Anchor-Borrowers Scheme: Onion Producers Appeal To CBN For Inclusion

NATIONAL Onion Producers, Processors and Marketers Association of Nigeria (NOPPMAN), has asked that members of the association be added by Central Bank of Nigeria, into the Anchor-borrowers scheme. This request was made by the National President of NOPPMAN, Isah Aliyu while addressing

November 3, 2021

Finance & Economy·Top Stories

Exchange Rate update: Wednesday, November 3, 2021

DATA obtained from the FMDQ Security Exchange where forex is traded officially has shown that the exchange rate between the naira and US dollar opened on Wednesday, November 3, 2021, at N413.76/$1. The Naira fell against the US dollar to close at

November 3, 2021

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NGX Set To Lose N60bn As MRS Oil Nigeria Plc Plans To Delist Shares

Nigeria’s Stock Market Suffers Sharpest Slide in 15 Years as Trump Threat, CGT Fears Trigger Massive Sell‑off

Nigeria’s equity market plunged in mid November as a toxic

NGX Sheds ₦1.8 Trillion as Capital Gains Tax Anxiety, Geopolitical Tensions Spike

Nigerian equities have recorded one of their sharpest declines this

Gold, Aluminium Discoveries In Benue Spark Hope for Economic Boom

Benue State has confirmed the presence of commercially significant gold

PMS Market Deregulation Will Boost Supply – Edun

Nigeria’s Eurobond Draws $2.35bn in Unprecedented Global Demand

Nigeria has raised $2.35 billion from its latest Eurobond issuance,

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Finance & Economy - Page 279

Soldiers Clash with FCT Minister Wike Over Disputed Land in Abuja

eNaira Speed Wallet App Gains Traction, Records Over 360,000 Downloads

CBN To Provide 13,000MT Of Seeds To Wheat Producers

UNEP 2021 Report Calls For More Funding Commitment To Climate Change Adaptation Effort

Banks to stop accepting old £20, £50 notes Dec 31

MTN Nigeria Ends Issuance Of N90bn Series II Fixed Rate Bonds

FEC Okays N33.8bn for Installation of Baggage Handling, Others at Lagos, Abuja Airports

Presco Shareholders Get N1 billion Interim Dividend

Q3 2021: Transcorp Hotels Records 662% Profit Growth

Anchor-Borrowers Scheme: Onion Producers Appeal To CBN For Inclusion

Exchange Rate update: Wednesday, November 3, 2021

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Nigeria and Trump’s Intervention: A Time for Truth and Renewal

The Copper Catalyst: How Cyprian Uzoh’s Breakthrough Changed the World

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Finance & Economy - Page 279

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