Fakoyejo Olalekan, Author at Prime Business Africa

DMO Says Bank Savings Unattractive, As FG Slashes Bonds Investment To N5,000

Director-General of Debt Management Office (DMO), Patience Oniha, said investing in bonds offered by the Federal Government of Nigeria is more profitable compared to saving with Nigerian banks, as FG slashes investment

Fakoyejo Olalekan

3 years ago

Business·Markets

Stock Market: Top Five Gainers And Losers, As Market Cap Records N46.83 billion

The market capitalisation rose to N27.87 trillion from N27.82 trillion reported on Thursday, after gaining N46.83 billion, due to the 0.16% growth in market share. After trading hours on Friday, the All

Fakoyejo Olalekan

3 years ago

Business·Currency

Dollar To Naira Exchange Rate, 23 June 2022: Dollar Price Rises In Black Market, As Naira Gains In Official

The Naira regained its strength against the United States currency on Friday at the peer-to-peer, as sellers were willing to trade one dollar for N612.59. This was in contrast to the selling

Fakoyejo Olalekan

3 years ago

Business

FG Implements N10 Tax On Soft Drinks, Others – How It Will Affect You

If you’ve been drinking carbonated sugar drinks and other beverages of late, you will notice the prices of buying these products have risen in supermarkets and local markets, compared to their cost

Fakoyejo Olalekan

3 years ago

Business

Gov’t Wants To Track Gamblers, Set New Rule For Bet9ja, Sportybet, Others Before Allowing Nigerians Bet

The House of Representatives have moved a motion directing the National Lottery Regulatory Commission (NLRC) to require gambling companies integrate the National Identity Number (NIN) into their gaming business. The lawmakers voted

Fakoyejo Olalekan

3 years ago

Business

NFT Price Rises, As Cristiano Ronaldo Set To Sell Cryptoasset

Cryptocurrency exchange, Binance, and Manchester United forward, Cristiano Ronaldo, have signed a multi-year partnership deal to increase the adoption of Nonfungible Token (NFT). Images of the five-time Ballon d’Or winner will be

Fakoyejo Olalekan

3 years ago

Business·Oil & Gas

Oando Likely To Delist From Stock Market, As Investors Move To Exit Troubled Oil & Gas Firm

Minority shareholders in Oando have filed a petition demanding for their shares to be acquired by the company or the majority investor in the firm, Ocean and Oil Development Partners Limited (OODP).

Fakoyejo Olalekan

3 years ago

Business

How Tech Disruptions In Nigerian Banks Changed Auditing Processes – MD Nova Merchant Bank, Nath Ude

Managing Director of Nova Merchant Bank, Nath Ude, said technology and the pandemic-induced lockdowns have changed the work models of auditors in the financial sectors, and created a new normal that they

Fakoyejo Olalekan

3 years ago

Business·Currency

Black Market Dollar To Naira Exchange Rate Today: Traders Increase Price To Buy Dollars Across All Forex Market

Naira depreciates across all foreign exchange markets on Wednesday, as the United States government protects its currency against inflation by increasing interest rates. In the official forex market, Investors & Exporters window,

Fakoyejo Olalekan

3 years ago

Business·Oil & Gas

Oil Price Crashes, As Vladimir Putin Seeks Nigerian Buyers For Russian Oil

Nigeria has become one of the major destinations for Russian oil products, as European Union embargo on Vladimir Putin’s country disrupt Moscow’s supply chains. And in an effort to prevent the restriction

Fakoyejo Olalekan

3 years ago

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Fakoyejo Olalekan

DMO Says Bank Savings Unattractive, As FG Slashes Bonds Investment To N5,000

Stock Market: Top Five Gainers And Losers, As Market Cap Records N46.83 billion

Dollar To Naira Exchange Rate, 23 June 2022: Dollar Price Rises In Black Market, As Naira Gains In Official

FG Implements N10 Tax On Soft Drinks, Others – How It Will Affect You

Gov’t Wants To Track Gamblers, Set New Rule For Bet9ja, Sportybet, Others Before Allowing Nigerians Bet

NFT Price Rises, As Cristiano Ronaldo Set To Sell Cryptoasset

Oando Likely To Delist From Stock Market, As Investors Move To Exit Troubled Oil & Gas Firm

How Tech Disruptions In Nigerian Banks Changed Auditing Processes – MD Nova Merchant Bank, Nath Ude

Black Market Dollar To Naira Exchange Rate Today: Traders Increase Price To Buy Dollars Across All Forex Market

Oil Price Crashes, As Vladimir Putin Seeks Nigerian Buyers For Russian Oil

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