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Finance & Economy - Page 316

Africa·Business News·Oil & Gas·Top Stories

Ruto, Dangote Discuss Financing for $17 Billion Kenya Refinery Project

September 21, 2026

Kenyan President William Ruto met Nigerian industrialist Aliko Dangote and Africa Finance Corporation (AFC) President Samaila Zubairu in New York on Monday, September 21, 2026 to discuss financing and preparations for a

Curbing The Monster Of Vote-buying In The Electoral System

FEATURES·Finance & Economy

Nigeria’s Cost-of-Living Crisis Raises Vote-Buying Concerns Ahead of 2027

September 20, 2026

Nigeria is approaching the 2027 general election with inflation easing but the cost of living still weighing heavily on households, raising concerns about how economic vulnerability could interact with vote buying and

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

Finance & Economy·Currency·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

Finance & Economy·Top Stories

Citigroup Recognizes Fidelity Bank For Efficiency In Foreign Currency Payments

IN recognition of its excellent operational efficiency in foreign currency payments, leading financial institution, Fidelity Bank Plc, has been given the Straight-Through Processing (STP) Excellence Award by Citigroup. Every year, Citigroup, a leading global bank headquartered in New York and present in

October 20, 2021

Finance & Economy·Top Stories

Sterling Bank Promotes Renewable Energy Use

…Powers Corporate HQ With Solar Technology Sterling Bank Plc is showing commitment to promoting renewable energy use. It currently powers its corporate headquarters with Integrated Photovoltaic (BIPV) energy technology as the primary source of energy. Dele Faseemo, Group Head of Energy at

October 20, 2021

CBN Reveals JP Morgan’s Intention After Report On Nigeria’s Foreign Reserves

Finance & Economy·Entrepreneurship·Top Stories

CBN Releases Guidelines For Implementation Of Tertiary Institutions Entrepreneurship Scheme

…To Harness Potential Of “Gradpreneurs” THE Central Bank of Nigeria (CBN), on Wednesday, released guidelines for the implementation of tertiary institutions entrepreneurship scheme. The Guideline outlines the operational modalities for the Scheme, with the objective of enhancing access to finance by undergraduates

October 20, 2021

Finance & Economy·Currency·Top Stories

Forex Update Today: Naira (N) vs Dollar ($)

THE Dollar on Wednesday, October 20, opened at an exchange rate of ₦414.18/$1 after the Naira closed at ₦414.73 to a $1 on Monday, 18 October 2021. This is according to the data obtained from the FMDQSecurity Exchange where foreign exchange (forex)

October 20, 2021

Finance & Economy·Top Stories

Nigeria’s Credit Profile Reels Under High Corruption Levels, Says Moody’s

ALTHOUGH the credit profile of Nigeria (issuer rating B2) reflects "ba2" economic strength, supported by the

October 20, 2021

Finance & Economy·Data & Infographics·News·Top Stories

Nigeria’s External Debt Service To Rise By $260m On Eurobond Issue

A fresh report by FBNQuest, an investment banking and research arm of FBN Holdings Plc has revealed that, due to the latest Eurobond issuance by the Federal Government of Nigeria (FGN), the annual cost of external debt service is set to rise

October 20, 2021

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India-New Zealand Free Trade Agreement to Take Effect on Oct. 20

India and New Zealand’s free trade agreement (FTA) will take

UBA Opens Subscription Channel for Dangote Refinery IPO, Invites Investors to Participate

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has

Top 5 Best-Performing Industrial Goods Stocks In Q1 2026

Shareholders in Nigeria’s industrial goods sector recorded massive returns in

Naira Weakens Against Dollar, Gains On Pound, Euro In Official Market

On Thursday, the official foreign exchange (FX) rate for the

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Finance & Economy - Page 316

Ruto, Dangote Discuss Financing for $17 Billion Kenya Refinery Project

Nigeria’s Cost-of-Living Crisis Raises Vote-Buying Concerns Ahead of 2027

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

Citigroup Recognizes Fidelity Bank For Efficiency In Foreign Currency Payments

Sterling Bank Promotes Renewable Energy Use

CBN Releases Guidelines For Implementation Of Tertiary Institutions Entrepreneurship Scheme

Forex Update Today: Naira (N) vs Dollar ($)

Nigeria’s Credit Profile Reels Under High Corruption Levels, Says Moody’s

Nigeria’s External Debt Service To Rise By $260m On Eurobond Issue

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Ruto, Dangote Discuss Financing for $17 Billion Kenya Refinery Project

India-New Zealand Free Trade Agreement to Take Effect on Oct. 20

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India-New Zealand Free Trade Agreement to Take Effect on Oct. 20

UBA Opens Subscription Channel for Dangote Refinery IPO, Invites Investors to Participate

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Naira Weakens Against Dollar, Gains On Pound, Euro In Official Market

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Finance & Economy - Page 316

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