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Finance & Economy - Page 284

Finance & Economy·News·Nigeria·Top Stories

What Nigeria’s 15.10% Inflation Rate Drop Means

Nigeria’s headline inflation rate fell to 15.10% in January 2026, the latest figures from the National Bureau of Statistics (NBS) show, extending a run of gradual declines that has lasted for almost a year. The figure is slightly lower than the 15.15%

February 16, 2026

Finance & Economy

Nigeria’s Inflation Rate Drops To 15.99% In October — NBS

The consumer price index (CPI), which measures the rate of change in prices of goods and services, declined for the seventh consecutive time to 15.99 percent in October 2021. The figure is 1.76per cent points higher than the rate recorded in October

November 15, 2021

Finance & Economy

FBN Holdings: Hope For The Tottering Elephant?

From board changes to alterations in majority shareholding structure, FBN Holdings and its subsidiaries have most recently been in the news. Prime Business Africa’s CHIMARA BYGOLD, in this report examines implications of the evolving situation for the group. Aristotle described the elephant

November 15, 2021

Finance & Economy

Finance Minister Says Nigeria’s Debt To GDP Still Low At 33%

Minister of Finance, Budget and National Planning, Zainab Ahmed, has claimed that Nigeria’s debt to GDP ratio is still low at 33 per cent Ahmed made this claim during an interview on Channels Television where she explained that the federal governments borrowing

November 15, 2021

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

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Trump Threatens 100% Tariffs on Canadian Goods Over China Trade Deal

U.S. President Donald Trump has threatened to impose 100 per

Nigeria Tightens Rules for Courier Companies Using Prepaid Imports

Nigeria’s customs authority has introduced new rules for courier companies

Behind the Geregu Power Sale: Politics and a $750m Deal

The sale of Geregu Power, one of Nigeria’s largest electricity

Recapitalisation: UBA Extends Deadline For Rights Issue

UBA Hits Billion-Naira Milestone: Rights Issue Success Pushes Capital Base Above ₦500bn

United Bank for Africa (UBA) has successfully concluded its rights

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Finance & Economy - Page 284

What Nigeria’s 15.10% Inflation Rate Drop Means

Nigeria’s Inflation Rate Drops To 15.99% In October — NBS

FBN Holdings: Hope For The Tottering Elephant?

Finance Minister Says Nigeria’s Debt To GDP Still Low At 33%

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

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