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Finance & Economy - Page 295

SEDC MD Highlights Commision's Plans To Boost Agricultural Activities In South East

Finance & Economy·News·Nigeria·Top Stories

South East Development Commission Defends ₦140bn Budget Amid Fraud Concerns

The South East Development Commission (SEDC) has defended its proposed ₦140 billion 2026 budget before the Senate, amid warnings that the agency must avoid past mismanagement and alleged siphoning of public funds. The warning came during a budget defence session on Tuesday,

February 25, 2026

Finance & Economy·News·Top Stories

N6Bn Medical Tourism: Vice President, CBN, Lagos Governor Canvass Health Sector Investments

VICE President Yemi Osinbajo, the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele and the Lagos State Governor, Babajide Sanwo-Olu, on Friday, made a strong case for increase in investments in the health sector to curb about N6 billion spent

October 24, 2021

Fidelity Bank In Need Of Money, Reveals Amount Company Needs To Run Operation

Finance & Economy·News·Top Stories

Fidelity Bank Raises $400m In Eurobond

FIDELITY Bank Plc has concluded a successful offering, raising $400 million from the international capital markets through a five-year tenor Eurobond, with a 7.765 per cent coupon.

October 24, 2021

Finance & Economy·News·Top Stories

‘First Bank Holdings Not Aware Of Takeover By Otedola’

FIRST Bank Holdings, owners of First Bank Nigeria, has denied knowledge of a takeover of the company by Femi Otedola, the billionaire reported as having acquired majority shareholding in the firm.

October 24, 2021

Finance & Economy·News·Top Stories

eNaira Goes Live On Monday October 25, 2021

PRESIDENT Muhammadu Buhari is scheduled to formally unveil the Nigerian Central Bank Digital Currency (CBDC), known as the eNaira, on Monday 25 October 2021, at the State House, Abuja.

October 24, 2021

Currency·Finance & Economy·Top Stories

Exchange Rate update: Friday October 22, 2021

Data obtained from the FMDQSecurity Exchange where foreign exchange (forex) is traded officially, shows that the exchange rate between the naira and the US dollar at the Investors and Exporters (I&E) window opened at N414.10/$1 on Friday, October 22, 2021. The local

October 22, 2021

Events·Finance & Economy

Prof. Utomi, Muda Yusuf, Others Lead Impressive Cast Of Speakers For Prime Business Africa SEEDS Seminar

POLITICAL Economy and Management expert, Professor Pat Utomi, former Director General of the Lagos Chamber of Commerce and Industry (LCCI), Muda Yusuf as well as the West Africa Regional Director of Ford Foundation, Ms Dr. ChiChi Aniagolu-Okoye lead the roll call of

October 22, 2021

Finance & Economy·Top Stories

FG’s Deficit Continues To Widen As DMO Oversells October Bond Auction

AS funding pressures on the fiscal coffers of the Federal Government (FG) continues, and in line with the trend observed at recent auctions, the Debt Management Office (DMO) has sold N192.8billion worth of bonds against the N150.0billion offered. Information obtained from the

October 22, 2021

Currency·Finance & Economy·Top Stories

Exchange Rate Update: Thursday, October 21, 2021

DATA obtained from the FMDQSecurity Exchange where foreign exchange (forex) is traded officially, shows that the exchange rate between the naira and the US dollar at the Investors and Exporters (I&E) window opened at N413.94 on Thursday, October 21, 2021. The rate

October 21, 2021

HE Central Bank of Nigeria (CBN) says Nigerians without Internet-enabled or Android phones will still make transactions on the eNaira platform.

Currency·Finance & Economy·Top Stories

How eNaira Platform Can Work In Phones Not Internet-enabled

THE Central Bank of Nigeria (CBN) says Nigerians without Internet-enabled or Android phones will still make transactions on the eNaira platform. The apex bank disclosed this in a document titled ‘Design paper for the eNaira’. According to the apex bank, eNaira was

October 21, 2021

Finance & Economy·Top Stories

AfDB Group, MTN Sign $500,000 Grant Deal To Study Women’s Access To Financial Services

THE African Development Bank (AfDB.org) has signed a grant agreement for $500,000 with Y’ello Digital Financial Services (YDFS), a fintech subsidiary of MTN Nigeria, to be used for a study into economic, religious, and social factors hampering access to finance for women

October 20, 2021

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

Nigeria recorded a sharp increase in foreign capital inflows in

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

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

Week Ahead: Nigeria CPI Cools, US-Iran Talks & US PCE in Focus

By Lukman Otunuga In a welcome development for Nigeria’s economy,

UK Factories Warn High Energy Costs Are Driving Businesses Overseas

Inside a glass factory in north-west England, molten glass pours

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Finance & Economy - Page 295

South East Development Commission Defends ₦140bn Budget Amid Fraud Concerns

N6Bn Medical Tourism: Vice President, CBN, Lagos Governor Canvass Health Sector Investments

Fidelity Bank Raises $400m In Eurobond

‘First Bank Holdings Not Aware Of Takeover By Otedola’

eNaira Goes Live On Monday October 25, 2021

Exchange Rate update: Friday October 22, 2021

Prof. Utomi, Muda Yusuf, Others Lead Impressive Cast Of Speakers For Prime Business Africa SEEDS Seminar

FG’s Deficit Continues To Widen As DMO Oversells October Bond Auction

Exchange Rate Update: Thursday, October 21, 2021

How eNaira Platform Can Work In Phones Not Internet-enabled

AfDB Group, MTN Sign $500,000 Grant Deal To Study Women’s Access To Financial Services

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

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Why Court of Appeal Slams ‘Corrupt’ Judicial Appointment Process in Abia State

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