Finance & Economy - Page 295

IMF Board Endorses Raise In Lending Capacity By $650bn

IN an attempt at improving aids coming to vulnerable countries of the world, International Monetary Fund (IMF) governing board has increased the lending capacity of the institution by $650bn.

Kayode Shopekan

August 3, 2021

Finance & Economy

PenCom Goes Digital On Pre-Retirement Verification Exercise

PENSION Commission has introduced digital technology into the conduct of annual pre-retirement verification and enrollment exercise,,,,,,,

Kayode Shopekan

August 3, 2021

Finance & Economy·News

DMO Offers FG Saving Bonds For Subscription At N1,000 Per Unit

Debt Management Office (DMO) has announced an offering for the Federal Government of Nigeria savings bonds at N1,000 per uni

Editor

August 3, 2021

Naira Ends Week With N59.71 Gain At Official Market

Finance & Economy

Naira Appreciates To 512/$, Banks Sell At 412/$

Naira appreciated against the dollar at the parallel market late on Monday as commercial banks set up foreign exchange teller points for customers in line with the directive from the Central Bank

Editor

August 3, 2021

Finance & Economy·News

Kuda Bank Raises $55 Million At $500 Million Valuation

Kuda Bank founders, Babs Ogundeyi and Musty Mustapha NIGERIA’S mobile-only bank, Kuda, on Monday, announced that it has closed a $55 million Series B funding co-led by Valar ventures and Target Global

Editor

August 3, 2021

News·Oil & Gas

Senegal Seeks Nigeria’s Backing To Develop Oil, Gas Sector

Minister of State for Petroleum Resources, Timipre Sylva. Photo credit: NAN SENEGAL’S effort in seeking Nigeria’s support for the development of its oil and gas sector has been commended by the Minister

Editor

August 2, 2021

Business·Oil & Gas

Fuel Subsidy Gulps N2 Trillion In One Year

With N8 billion daily expenditure, the Nigerian government’s yearly spend on petrol subsidy amounts to N2 trillion. According to top oil marketers, it impacts negatively on the economy and therefore raised concern

Victor Ezeja

August 2, 2021

President of the African Development Bank AfDB Akinwunmi Adesina

Agro-Economy·News

AfDB To Provide $150m For Women In Agriculture

President of the African Development Bank (AfDB) Akinwunmi Adesina The African Development Bank (AfDB) has disclosed its plan to provide $150m to finance women in the agricultural sector in a move to

Editor

August 2, 2021

News·Oil & Gas

Kyari Promises To Declare First NNPC Dividends To Nigerians Soon

As the Nigerian National Petroleum Corporation prepares to release its 2020 financial statements in the third quarter of this year, the Group Managing Director, Mele Kyari, has promised that the company will

Editor

August 2, 2021

News·Oil & Gas

Minister Wants To See Women Take Higher Positions In Oil & Gas Sector

Minister of Women Affairs, Pauline Tallen MINISTER of Women Affairs, Dame Pauline Tallen, has urged female members of Petroleum and Natural Gas Staff Association of Nigeria (PENGASSAN) to work hard in order

Editor

August 2, 2021

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Finance & Economy - Page 295

IMF Board Endorses Raise In Lending Capacity By $650bn

PenCom Goes Digital On Pre-Retirement Verification Exercise

DMO Offers FG Saving Bonds For Subscription At N1,000 Per Unit

Naira Appreciates To 512/$, Banks Sell At 412/$

Kuda Bank Raises $55 Million At $500 Million Valuation

Senegal Seeks Nigeria’s Backing To Develop Oil, Gas Sector

Fuel Subsidy Gulps N2 Trillion In One Year

AfDB To Provide $150m For Women In Agriculture

Kyari Promises To Declare First NNPC Dividends To Nigerians Soon

Minister Wants To See Women Take Higher Positions In Oil & Gas Sector

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