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Business
Cardoso Unveils CBN Monetary Policy & Economic Outlook For 2024 On Friday, 24th
The Governor, Central Bank of Nigeria, Mr. Olayemi Cardoso, to unveil the Bank’s Monetary Policy Thrust and Economic Outlook for 2024.
Join us via https://YouTube.com/cenbank at 7:00 pm on Friday, November 24, 2023.
5 Habits That Will Keep YOU BROKE!
Hello, my name is Mentor Greg. Today, I want to share with you five habits that can keep you broke and prevent you from achieving financial success. If you're between the ages of 16 and 40, pay close attention to these points because they…
Alaba Market Traders Kick Against Plan By Lagos To Demolish Secretariat
Alaba Market Traders Kick Against Plan By Lagos State Government To Demolish Secretariat For Chinese-Affiliated Project
In July, the Lagos State Government started removing “distressed” buildings in the market with the help of the Lagos…
Naira Crashes To 1,030/$ As Speculators React
The naira crashed against the dollar on Monday, falling to 1, 030/$ on the average in the parallel market, losing the momentum it gathered last week.
This represents a N80 loss or a 8.42 per cent decline of the local currency compared to…
Dangote Repatriates $687,977m From Pan-African Operations
Written by Olushola Bello
Dangote Industries Limited (DIL) has revealed that its pan African operations have fetched Nigeria $687,977 million.
The company stated it has so far repatriated over $576.009 million through various banks in…
Crude Shortage Delays Dangote Refinery, Five Others’ Take-off
• Lack of supply to Dangote shameful, says FG, minister blames low production
The failure to supply crude oil to domestic refineries, including the multi-billion dollar Dangote Refinery, has stalled the production of refined petroleum…
Naira Appreciates From 1310/$ To 1300/$ In Parallel Market
Naira, on Wednesday, appreciated against the US Dollar on the unofficial parallel market, commonly referred to as the black market.
In afternoon trading, the exchange rate was N1,300 per dollar, representing a 0.76% increase (N10)…
FG Moves To Digitise FX Transactions To Punish Naira Speculators
In the near future, the federal government will automate transactions in the entire foreign exchange market to tame wide arbitrage and punish naira speculators.
Wale Edun, Minister of Finance and coordinating minister of the Economy,…
Mike Adenuga Loses $300 Million
Mike Adenuga loses $300 million as net worth further declines to $3.3 billion
Mike Adenuga, the Chairman of Conoil and the founder of Globacom, has experienced a notable setback, with a $300 million decrease in his net worth, now…
Parallex Bank Opens Lekki Branch, Promises Premium Value-Adding Services
The Managing Director of Nigeria's foremost customer-centric financial institution, Parallex Bank, Mr. Femi Bakre, has assured customers of continued technology-driven, premium value-adding services that will exceed their expectations.…