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Finance & Economy - Page 295

Tinubu Suspends Cashless Payment Policy at Nigerian Airports After Traffic Gridlock

President Tinubu has ordered the immediate suspension of the Federal Airports Authority of Nigeria’s (FAAN) newly introduced cashless payment policy, just four days after its rollout triggered severe congestion at major airports across the country. The policy, launched on March 1, 2026,

March 4, 2026

Finance & Economy·Top Stories

Exchange Rate update: Wednesday, October 27, 2021.

Data at the FMDQ Security Exchange where forex is traded officially has shown that the exchange rate between the naira and US dollar opened Wednesday, October 27, 2021, at N414.44 0.10/$1 as against ₦414.04/$1 which is also opened on Tuesday, October 26.

October 27, 2021

Africa·Entrepreneurship·News·Top Stories

Africa’s Internet Economy To Generate $712bn By 2050 – Drayson

DIGITAL and Macroeconomic experts have called for increased investments in building digital systems which they said have the potentials to boost economic growth of African countries as realities of the post-COVID-19 pandemic have induced more demand for digital-based business activities across the

October 27, 2021

Finance & Economy·News·Top Stories

Electric Carmaker Tesla hits $1trn Capitalisation Mark

IN what appears a pointer to where the world’s automobile consumption is headed in the next decade, America’s electric car-making giant Tesla has recorded $1trillion capitalisation at the S&P 500. US stocks, according to the Financial Times, advanced following a valuation milestone

October 26, 2021

DATA at the FMDQ Security Exchange where forex is traded officially has shown that the exchange rate between the naira and US dollar opened at ₦414.04/$1 on Tuesday, October 26, after it closed at ₦415.07 to a $1 on Monday, 25

Finance & Economy

Exchange Rate update: Tuesday, October 26, 2021

DATA at the FMDQ Security Exchange where forex is traded officially has shown that the exchange rate between the naira and US dollar opened at ₦414.04/$1 on Tuesday, October 26, after it closed at ₦415.07 to a $1 on Monday, 25 October

October 26, 2021

Finance & Economy

Banks Begin Marketing Of eNaira To Customers

INDICATIONS have emerged that Deposit Money Banks(DMBs) in Nigeria have started beckoning on the banking public to come for the eNaira wallet, which they said is available for download on Google Play Store and Apple App Store. The Central Bank Digital Currency

October 26, 2021

Agro-Economy·Entrepreneurship·News

Governor Makinde Reveals Investors’ Advantage In Partnering State On Agriculture

OYO State Governor, Seyi Makinde has called on private investors to come and partner with the state in Agribusiness, Prime Business Africa reports.

October 26, 2021

Agro-Economy·Entrepreneurship·News

IITA DG Advocates Local Production Of Foods In Nigeria To Reduce Growth Of Unemployment

Director-General of International Institute of Tropical Agriculture, Dr. Nteranya Sanginga, has urged the Nigerian government to provide more jobs and reduce unemployment by reducing importation of foods that can be produced in the country. Dr. Sanginga made this assertion at the 2021

October 26, 2021

Finance & Economy·News·Top Stories

CBN Unrolls New Financial Instrument To Support 100 Private Firms

AS part of efforts to boost industrialization and add value to Nigeria’s foreign exchange, Central Bank of Nigeria (CBN) has announced a plan to roll out a new financial instrument it called ‘The 100 for 100 PPP’ Policy aimed at encouraging local

October 25, 2021

Urban Radio Invasion: EFCC Acted Like Despotic Govt - Guild Of Public Affairs Analysts

Finance & Economy·Top Stories

EFCC Presents N31.3bn Budget for 2022

THE Economic and Financial Crimes Commission, EFCC, on Monday, October 25, 2021 presented a budget of N31, 350, 512, 836 ( Thirty-one Billion, Three Hundred and Fifty Million, Five Hundred and Twelve Thousand, Eight Hundred and Thirty Six Nara) to the National Assembly

October 25, 2021

Currency·Finance & Economy·News·Top Stories

BREAKING: CBN’s eNaira To Increase Nigeria’s GDP By $29bn In Ten Years – Buhari

PRESIDENT Muhammadu Buhari says the digital currency, eNaira created by Central Bank of Nigeria would according to expert economic projection, increase the country’s Gross Domestic Product (GDP) by $29 billion USD in the next ten years.

October 25, 2021

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Dangote Cement Records 20% Increase in 2025 Revenue

Dangote Cement Plc reported a 20.3 percent rise in revenue

Aston Martin to Cut 20% of Workforce Over Rising Losses

British luxury carmaker Aston Martin has announced plans to reduce

CPPE Warns Nigeria’s $6bn Capital Inflow Surge May Be Fragile Despite Rebound

Nigeria recorded a sharp increase in foreign capital inflows in

Dangote Sugar, Jaiz Bank Shares Decline, Drag NGX Down By N101bn

Ellah Lakes’ N235 Billion Public Offer Falls Flat: Investors to Receive Refunds

Ellah Lakes Plc’s ambitious N235 billion public offer has ended

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Finance & Economy - Page 295

Tinubu Suspends Cashless Payment Policy at Nigerian Airports After Traffic Gridlock

Exchange Rate update: Wednesday, October 27, 2021.

Africa’s Internet Economy To Generate $712bn By 2050 – Drayson

Electric Carmaker Tesla hits $1trn Capitalisation Mark

Exchange Rate update: Tuesday, October 26, 2021

Banks Begin Marketing Of eNaira To Customers

Governor Makinde Reveals Investors’ Advantage In Partnering State On Agriculture

IITA DG Advocates Local Production Of Foods In Nigeria To Reduce Growth Of Unemployment

CBN Unrolls New Financial Instrument To Support 100 Private Firms

EFCC Presents N31.3bn Budget for 2022

BREAKING: CBN’s eNaira To Increase Nigeria’s GDP By $29bn In Ten Years – Buhari

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Tinubu Dispatches Five-Member Team to Represent Nigeria at Jesse Jackson’s Funeral

Tinubu Swears in Disu as Substantive IGP, Backs Police Role in State Police Implementation

Tinubu Suspends Cashless Payment Policy at Nigerian Airports After Traffic Gridlock

President Tinubu Felicitates Former President Obasanjo on 89th Birthday

Dangote Cement Records 20% Increase in 2025 Revenue

Aston Martin to Cut 20% of Workforce Over Rising Losses

CPPE Warns Nigeria’s $6bn Capital Inflow Surge May Be Fragile Despite Rebound

Ellah Lakes’ N235 Billion Public Offer Falls Flat: Investors to Receive Refunds

Tinubu Dispatches Five-Member Team to Represent Nigeria at Jesse Jackson’s Funeral

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