Business - Page 482

DFC Invests $280m In Access Bank For Financing SMEs In Nigeria

United States International Development Finance Corporation has invested $280 million in Access Bank for financing scheme to boost small and medium-sized enterprises (SMEs) in Nigeria. DFC CEO, Scott Nathan alongside Access Bank

Victor Ezeja

2 years ago

Business·Currency

Black Market Dollar To Naira Exchange Rate: $1 Nears N700, As CBN Continues To Snub BDC Operators

July 25, 2022 Dollar Rate Update: Bureau De Change operators increased the cost of buying dollar by 1.65% on Monday, as demand overwhelms availability in the black market, amid lack of support

Fakoyejo Olalekan

2 years ago

Business·Latest News

CBN Fined N100,000, As Emefiele Moves To Stop Pension Payment To Former Governor, Three Others

The Central Bank of Nigeria (CBN) has filed a stay of execution at the National Industrial Court, to stop the payment of pension arrears to former Taraba governor, Jolly Nyame, and three

Fakoyejo Olalekan

2 years ago

Business

Nigerian Bakers Increase Cost Of Bread – Full List

The cost of raw materials has forced Nigerian bakers to increase price of bread by 20%, while some have chosen to proceed on a four days warning strike, to compel government into

Fakoyejo Olalekan

2 years ago

World Bank To Invest $750 million In Nigeria’s Rural Electrification Project

Business

Electricity Workers To Join NLC Nationwide Protest, May Result To National Blackout

National wide blackout looms following the decision of the National Union of Electricity Employees (NUEE), to join other unions in solidarity protest for the Academic Staff Union of Universities (ASUU) strike. The

Fakoyejo Olalekan

2 years ago

Elon Musk Joins Network Operator To Offer Smartphone Service Under Water, Remote Areas

Business

Elon Musk Says His Internet Company, Starlink, Will Compete With MTN In Nigeria From August

Internet company, Starlink, owned by world richest man, Elon Musk, will commence operation in Nigeria next month, three months after receiving operational approval from the Nigerian government. Musk disclosed that by August,

Fakoyejo Olalekan

2 years ago

Naira Strengthens To N1,576 As Dollar Supply Rises

Business·Currency

Black Market Dollar To Naira Exchange Rate: Dollar Rate Skyrocket, As CBN Interventions Fail

July 22, 2022 Dollar Rate Update: The investors & Exporters window reported foreign exchange suppliers increased the cost of exchanging dollar by 0.94% on Friday in the official forex market, as supply

Fakoyejo Olalekan

2 years ago

Business·Oil & Gas

Number Of NNPC Limited Staff To Be Sacked Revealed After President Buhari’s Unveiling

The Group Managing Director of Nigeria National Petroleum Company (NNPC) Limited, Mele Kyari, has concluded plans to sack 500 workers, one week after the corporation officially launch its private brand. NNPC Limited

Fakoyejo Olalekan

2 years ago

AMA News·Business

How to close the gap between sustainability and profitability

Tracy Bolton, chief operating officer at SAP Africa JOHANNESBURG, South Africa, 25 July 2022 -/African Media Agency(AMA)/- New research has highlighted the challenges most organisations face with balancing sustainability and profitability. A study

Prime Business Africa

2 years ago

Business·Insights·Markets

Top Five Worst Performing Nigerian Insurance Stocks In H1 2022

What started out to be a compilation on the best performing Insurance stocks in Nigeria for H1 2022, ended up being a list containing the worst, as only two insurers were able

Fakoyejo Olalekan

2 years ago

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Business - Page 482

DFC Invests $280m In Access Bank For Financing SMEs In Nigeria

Black Market Dollar To Naira Exchange Rate: $1 Nears N700, As CBN Continues To Snub BDC Operators

CBN Fined N100,000, As Emefiele Moves To Stop Pension Payment To Former Governor, Three Others

Nigerian Bakers Increase Cost Of Bread – Full List

Electricity Workers To Join NLC Nationwide Protest, May Result To National Blackout

Elon Musk Says His Internet Company, Starlink, Will Compete With MTN In Nigeria From August

Black Market Dollar To Naira Exchange Rate: Dollar Rate Skyrocket, As CBN Interventions Fail

Number Of NNPC Limited Staff To Be Sacked Revealed After President Buhari’s Unveiling

How to close the gap between sustainability and profitability

Top Five Worst Performing Nigerian Insurance Stocks In H1 2022

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