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Finance & Economy - Page 282

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

CBN Releases Revised Guidelines On Anchor Borrowers’ Programme

THE Central Bank of Nigeria (CBN) over the weekend released revised guidelines on one of its major intervention schemes, the Anchor Borrowers’ Programme. According to the apex bank: ‘‘The revised guidelines address current realities and developments in the Anchor Borrowers’ Programme, aimed

November 7, 2021

Finance & Economy

Heritage Bank Reinforces Commitment To Technology

HERITAGE Bank Plc has launched a robust innovative and advanced digital banking experience called “Octiplus”. A statement signed by Ozena Utulu, Ag. Group Head, Corporate Communications at Heritage Bank noted that Octiplus as a bank-agnostic, all-in-one digital banking application grants users access

November 7, 2021

Finance & Economy

Bank Of Industry Explains Why Entrepreneurs’ NPLs Are Almost 100%

THE Bank of Industry (BoI) has said that most people are not paying back loans because tgey erroneously believe that any money from the Bank is owned by the government and is a national cake. Specifically, the bank’s managing director, Olukayode Pitan,

November 7, 2021

Finance & Economy

T-Bill Auctions , Maturities To Moderate Rates, Boost System Liquidity

THERE are expectations that stop rates of the 364-day bills will moderate amid expected boost in financial system liquidity. In the new week, dealers said Treasury-bills worth N155.12 billion will mature via the primary and secondary markets which will marginally exceed T-bills

November 7, 2021

Finance & Economy

FCMB Raves Up Support In Child Health Care, Innovative Learning

FIRST City Monument Bank (FCMB), has equipped the newly constructed E-classroom of the Institute of Child Health (ICH) of the University of Ibadan (UI) to safeguard children’s health care through research, training, and services in a post-pandemic world. Speaking at the handover

November 7, 2021

Finance & Economy

Banks May Lose More Fintech Space On MTN, Airtel’s Payment Service Permit

MTN Nigeria Communications Plc (MTNN) and Airtel Africa Plc have got assent from the Central Bank of Nigeria (CBN) to run payment service banks, Nigeria’s biggest two telecom firms said on Friday, more than two years after they approached the regulator for

November 7, 2021

Finance & Economy

Egypt Spends EGP 350 billion In Seven Years To Develop Upper Region, Says Local Development Minister

Egypt’s Local Development programme in Upper region was showcased at the Expo Dubai 2020, under the title of “Development and Investment in Upper Egypt — Showcasing Best Practices.” The event was attended by H.E. Mahmoud Shaarawy, Minister of Local Development, and Dr.

November 6, 2021

Tony Elumelu Foundation Empowered Us To Become Employers – Beneficiaries Praises Businessman

Finance & Economy

5,000 African Entrepreneurs Set To Get $5000 TEF Seed Capital Funding

THE Tony Elumelu Foundation (TEF), the leading philanthropy empowering young African entrepreneurs, will announce the beneficiaries of the 2021 TEF Entrepreneurship Programme at the official Selection Announcement event holding in Lagos, and streaming live online, on November 12, 2021. The ground-breaking hybrid

November 6, 2021

Finance & Economy

Despite Signs of Recovery, Nigerian Economy Remains Challenging- CPPE

DESPITE some signs of modest recovery being reported about Nigerian economy after COVID-19 restrictions, the system still faces challenges as a result of shortcomings in the business environment, which impedes investments and economic growth

November 5, 2021

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

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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 282

Tinubu Nominates New Oil Regulators as Ahmed, Komolafe Resign

CBN Releases Revised Guidelines On Anchor Borrowers’ Programme

Heritage Bank Reinforces Commitment To Technology

Bank Of Industry Explains Why Entrepreneurs’ NPLs Are Almost 100%

T-Bill Auctions , Maturities To Moderate Rates, Boost System Liquidity

FCMB Raves Up Support In Child Health Care, Innovative Learning

Banks May Lose More Fintech Space On MTN, Airtel’s Payment Service Permit

Egypt Spends EGP 350 billion In Seven Years To Develop Upper Region, Says Local Development Minister

5,000 African Entrepreneurs Set To Get $5000 TEF Seed Capital Funding

Despite Signs of Recovery, Nigerian Economy Remains Challenging- CPPE

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

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Former Delta North Senator Peter Nwaoboshi Dies After Sudden Collapse in Abuja

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

SAFE IN NIGERIA: Boris Johnson’s Claim and the outrage

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Dollar Trades Flat In Black Market, Appreciates In Official Window

Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty

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

Former Delta North Senator Peter Nwaoboshi Dies After Sudden Collapse in Abuja

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Finance & Economy - Page 282

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