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Business

Naira

Naira appreciates against dollar

Ayorinde Oluokun

2 years ago

The Nigerian currency gained N2.27, representing a 0.16 percent increase when compared to Thursday’s exchange rate of N1,402.67. However, the…
Governor Siminalayi Fubara, kicks off the disbursement of Rivers Govt/BO N4 billion matching loan scheme for operators MSMSEs in the State.

Fubara doles out N4bn loan to 3,066 MSMEs operators

Ayorinde Oluokun

2 years ago

Speaking at the launching, which took place at the Dr Obi Wali International Conference Centre in Port Harcourt on Friday,…
Lagos posts N433.408bn revenue performance in first quarter of 2024

Lagos posts N433.408bn revenue performance in first quarter of 2024

Kazeem Ugbodaga

2 years ago

The commissioner added that the Total Capital expenditure recorded a performance of 54%, which is N178.728 billion, disclosing that the…
Suspects

Purchasers win big against real estate firm

Paul Dada

2 years ago

The purchasers say they have fully paid for the properties but Haven homes was asking them for an inflated service…
NDIC has made significant strides in enhancing depositor protection, notably through increased maximum deposit insurance coverage.

NDIC raises deposit insurance coverage level for banks, others

Paul Dada

2 years ago

Hassan said: “By increasing deposit insurance coverage, we are ensuring that depositors are better protected in the unlikely event of…
FCMB Group

FCMB Group records 186% profit growth, proposes 50k dividend

Ademola Adegbamigbe

2 years ago

For the year ended December 31, 2023, FCMB Group Plc grew deposits, loans, assets under management, revenue and earnings and…
Prices of garri, tomatoes, others drop in Anambra, Ebonyi, Enugu

Drop in food prices excites Nigerians

Isa Isawade

2 years ago

“The reduction in prices is because of the government’s action to ban bulk buying of grain in the markets,” he…
Naira strengthens further at official FX market

Naira rebounds against dollar

Ayorinde Oluokun

2 years ago

Data from the official trading platform of the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange Market…

New Beginnings: Stella’s move to Amsterdam and Thriving in a Foreign Land

Taiwo Okanlawon

2 years ago

At a pivotal moment in her life, Stella, known to her followers as @Stellatzortzi, made the life-changing decision to move…
In this brief guide, we will tell you how to find the best online loan in Nigeria and hopefully, help you save some time and effort.

Ways to Get an Online Loan in Nigeria

Ademola Adegbamigbe

2 years ago

A loan helps overcome some challenges, like covering your immediate grocery expenses or financing your goals. Finding a loan with…
IPMAN describes reduction in price of premium motor spirit also known as petrol by Dangote Petroleum Refinery as the beauty of deregulation.

IPMAN threatens to cripple fuel supply nationwide over N200bn bridging claims

Ayorinde Oluokun

2 years ago

The IPMAN forum said it was distressed and depressed by the laidback attitude of the NMDPRA towards the survival of…
Naira

Naira crashes to dollar at official market

Kazeem Ugbodaga

2 years ago

This represents a 5.96 per cent loss when compared to the previous trading date on Friday April 26, when it…
Adedayo urges Nigerians to give President time to salvage nation

Monitor N200bn intervention fund, Oyintiloye tells Tinubu

Isa Isawade

2 years ago

Oyintiloye commended the president for launching the intervention fund, noting that it would boost economic growth and industrial development at…

Why Nigeria needs good tax system – CITN

Paul Dada

2 years ago

He said: “We desire to have an environment where they would be able to work and bring funds to the…
Discounted foodstuff: Quickteller Paypoint partners Ogun to provide digital payment platform 

Discounted foodstuff: Quickteller Paypoint partners Ogun to provide digital payment platform 

Kazeem Ugbodaga

2 years ago

Through this partnership, civil servants in Ogun State will be able to securely purchase discounted food items, such as rice,…
Tinubu approves takeover of Consumer Credit Scheme

Tinubu approves take-off of Consumer Credit Scheme

Kazeem Ugbodaga

2 years ago

Through responsible repayment, individuals build credit histories, unlocking more opportunities for a better life. Additionally, the increased demand for goods…
Nigeria Auto Industry Summit holds in Lagos June 27

Nigeria Auto Industry Summit holds in Lagos June 27

Isa Isawade

2 years ago

On his part, Chairman of NAJA, Mike Ochonma, said, "Significantly, the summit shall bridge the information and communication gap between…
SMEDAN, Microsoft Nigeria train 500 market men, women and youths in Ogun on how they can use Artificial Intelligence to boost their businesses.

SMEDAN, Microsoft conduct training on use of AI to boost businesses in Ogun

Ayorinde Oluokun

2 years ago

Speaking with journalists, Assistant Director of SMEDAN, Dr Funto Babarinde hinted that the training which focuses on fashion designers, Real…
Naira

Naira crashes again to dollar at official market

Kazeem Ugbodaga

2 years ago

This represents a 5.3 per cent loss when compared to the previous trading date on Monday, April 22, when it…
The new price is in consonance with the commitment of Dangote Refinery to cushion the effect of economic hardship in Nigeria.

Dangote reduces diesel, aviation fuel prices further to N940, N980

Ademola Adegbamigbe

2 years ago

It would be recalled that the management of Dangote Petroleum Refinery announced a further reduction of the price of diesel from 1200 to…
Naira

Naira plummets to dollar at official market

Kazeem Ugbodaga

2 years ago

This represents a 5.51 per cent loss when compared to the previous trading date on Friday, April 19, when it…
First Bank

Appointment: FBN Holdings share value down 84% on stock market

Kazeem Ugbodaga

2 years ago

Olayinka said that the sudden resignation of Adeduntan before the expiration of his tenure on Dec.31, 2024, might not be…

What FCMB Trustees Can Do For You

Ademola Adegbamigbe

2 years ago

You work hard for your cash, big pile or small. Naturally, you want it protected and passed to relevant parties after…
U.S. President Donald Trump’s administration begins massive dismissal of the U.S. Agency for International Development (USAID) employees.

US unveils food security strategy plan for Nigeria

Isa Isawade

2 years ago

Prof. Garba Sharubutu, Executive Secretary, ARCN, identified one of the major problems in the country as concentrating all efforts on…
Stronger reserves and sweeping FX reforms are giving CBN room to stabilise the naira, protect investment flows and domestic production

Dollar rise: EFCC continues crackdown on cryptocurrency platforms

Isa Isawade

2 years ago

“CBN is giving us dollars at N1,101, but some commercial banks are doing interbank conversions. They convert from their accounts…
First Bank MD/CEO Adeduntan resigns abruptly

First Bank MD/CEO Adeduntan resigns abruptly

Kazeem Ugbodaga

2 years ago

The MD, in a resignation letter addressed to the chairman, said “As you are aware, my contract would be expiring…
Tinubu returns to Abuja after official trip to China, a stop in London

Tinubu makes crucial appointments into Board of SEC

Kazeem Ugbodaga

2 years ago

Tinubu appointed Mr. Mairiga Aliyu Katuka  as the Chairman of the board of SEC, while Mr. Emomotimi Agama has been…
Nigeria's investment climate bolstered by critical new reforms - Tinubu

Nigeria’s investment climate bolstered by critical new reforms – Tinubu

Kazeem Ugbodaga

2 years ago

Highlighting the favourable economic outlook of the country, Tinubu invited more South Korean companies to leverage these opportunities by establishing…
NPA boss , Mohammed Bello-Koko, said the mandate letter will be sent to Debt Management Office for final review and approval.

Citibank Gives NPA $700m Loan for Apapa, Tin-Can Ports Rehabilitation

Ademola Adegbamigbe

2 years ago

The Nigerian Ports Authority (NPA) has negotiated a loan of $ 700 million from Citibank to be funded by the…
NBS says the average retail price of a litre of diesel increased from N840.81 in March 2023 to N1341.16 in March 2024.

Diesel price stands at N1341.16 in March 2024 – NBS

Ayorinde Oluokun

2 years ago

NBS stated this in its Diesel Price Watch for March 2024 released in Abuja on Thursday. The report said that…
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