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Latest News in Nigeria - Page 45

Why Weak Dollar Despite Trade War Could Benefit Nigeria – Experts

Yuletide: CBN Allows BDCs To Buy $25,000 Weekly Forex Needs

The Central Bank of Nigeria (CBN) has announced a temporary initiative allowing Bureau de Change (BDC) operators to purchase up to $25,000 weekly from the Nigerian Foreign Exchange Market (NFEM). This measure, effective from December 19, 2024, to January 30, 2025, aims

December 21, 2024

Hunger Crisis: The Forgotten Spirit Of Christmas In Nigeria

Business·FEATURES·News

How Hunger Crisis Overshadows Spirit Of Christmas In Nigeria

In Nigeria, the Christmas season has traditionally been a time of joy, love, and sharing. It is a period when families come together, communities unite, and the spirit of giving thrives. Yet, this year, the celebration is overshadowed by a growing hunger

December 21, 2024

Nigeria's Equity Market Declines By 1.99% in March Despite Weekly Gains

Business·Markets·News

Nigerian Equity Market Loses N72.09 Billion As Key Stocks Decline

The Nigerian equity market experienced a N72.09 billion loss at the close of trading on Friday. The decline was driven by a drop in the share prices of key stocks such as Multiverse, Aradel, and Intenegins. This development has raised concerns among

December 21, 2024

Dangote Refinery Boosts U.S. Jet Fuel Supply As Demand Rises

Business·News·Oil & Gas

How To Access Dangote Refinery’s Buy-One-Get-One Credit Offer

The Dangote Refinery has introduced a new initiative aimed at providing relief to Nigerians during the festive season. Consumers can now access a special buy-one-get-one credit offer on petrol purchases. According to Anthony Chiejina, Group Chief Branding and Communications Officer of Dangote

December 20, 2024

The Cost Of Cash Scarcity: How The New CBN Policy Is Reshaping Nigeria’s Informal Economy

Business·FEATURES·News

Cost Of Cash Scarcity: How New CBN Policy Is Reshaping Nigeria’s Informal Economy

Nigeria’s informal economy, which thrives on cash transactions, is facing a significant disruption. The Central Bank of Nigeria’s (CBN) new policy limiting cash withdrawals to N100,000 per customer daily for Point-of-Sale (PoS) agents has sent shockwaves through the economy. With over 60%

December 20, 2024

News·Top Stories·World News

What To Know About Elise Stefanik, Trump’s Pick For U.N Ambassador

Elise Stefanik, a Republican representative from New York, has been nominated by former President Donald Trump as his pick for the role of U.N. ambassador. Known for her fierce loyalty to Trump, Stefanik has played a pivotal role in defending him during

December 20, 2024

NGX Set To Lose N60bn As MRS Oil Nigeria Plc Plans To Delist Shares

Business·Markets·News

Nigeria’s Equity Market Rises By 0.77% As Investors Chase Value Ahead Of Year-End

Nigeria’s equity market recorded another positive session on Thursday, climbing 0.77% as investors intensified their search for value ahead of the year-end. The rally, fueled by key gainers like UACN, Aradel Holdings, Honeywell Flour Mills, NAHCO, and MRS, added N467 billion to

December 20, 2024

News·Top Stories·World News

Coalition Urges Biden Administration To Grant Immigration Protections For Nigerians

A coalition of advocacy groups is pressing the Biden administration to offer immigration protections for Nigerians living in the United States. The coalition, which includes the Nigerian Center, Nigerian American Lawyers Association, Amnesty International, and The ONE Campaign, is calling for Nigeria

December 20, 2024

Business·News

Cash Scarcity: CBN’s N100,000 Daily Limit For PoS Withdrawals Sparks Outcry

The Central Bank of Nigeria (CBN) has introduced new measures to limit cash withdrawals from Point-of-Sale (POS) agents, a move aimed at advancing Nigeria’s cashless policy and limiting cash scarcity. According to a circular dated December 17, 2024, the daily withdrawal limit

December 19, 2024

Dangote Petrol Price Cut: We Expected Lower Price – Nigerians

Business·News·Oil & Gas

Yuletide: Dangote Refinery Cuts Petrol Price To N899.50, Launches Holiday Credit Offer

Dangote Refinery has announced a reduction in the price of Premium Motor Spirit (PMS) to N899.50 per litre, offering Nigerians some relief as the festive season draws near. This development, confirmed in a statement by the Group Chief Branding and Communications Officer,

December 19, 2024

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Latest News in Nigeria - Page 45

Yuletide: CBN Allows BDCs To Buy $25,000 Weekly Forex Needs

How Hunger Crisis Overshadows Spirit Of Christmas In Nigeria

Nigerian Equity Market Loses N72.09 Billion As Key Stocks Decline

How To Access Dangote Refinery’s Buy-One-Get-One Credit Offer

Cost Of Cash Scarcity: How New CBN Policy Is Reshaping Nigeria’s Informal Economy

What To Know About Elise Stefanik, Trump’s Pick For U.N Ambassador

Nigeria’s Equity Market Rises By 0.77% As Investors Chase Value Ahead Of Year-End

Coalition Urges Biden Administration To Grant Immigration Protections For Nigerians

Cash Scarcity: CBN’s N100,000 Daily Limit For PoS Withdrawals Sparks Outcry

Yuletide: Dangote Refinery Cuts Petrol Price To N899.50, Launches Holiday Credit Offer

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UPDATED: Moniepoint Managers Speak On $200 million ‘Miraculous’ Fundraise – Backed by DPI, Google, Visa, IFC, and LeapFrog

Tinubu Announces Major Shake-Up in Military Top Brass, Sacks Chief of Defence Staff Christopher Musa

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