Finance & Economy - Page 128

Food Prices Increase By 31% In Ebonyi, Abia In One Year

Food prices in Nigeria, particularly in Ebonyi and Abia states, have surged by a staggering 31 percent over the past year, from July 2022 to July 2023, according to the National Bureau

Bisina Somto

1 year ago

Access Bank Obtains Central Bank of Angola’s Approval To Acquire 80% of Finibanco

Agro-Economy·Business·News

Access Bank Invests Over N200 Billion In Agribusiness, Benefitting 10,000+ Ventures

Access Bank Plc’s Executive Director of Commercial Banking, Hadiza Ambursa, has announced that the bank’s investment in agribusiness has surpassed a staggering N200 billion, leading to significant benefits for over 10,000 agribusinesses

Emmanuel Ochayi

1 year ago

Binance To Exit Russia Amidst US Sanctions Probe

Business·Currency·News

Binance To Exit Russia Amidst Sanctions Violation Probe By US

Cryptocurrency giant, Binance, on Wednesday, announced decision to divest its Russian operations, citing its commitment to compliance and distancing itself from potential sanctions violations. This comes in the wake of months-long investigations

Emmanuel Ochayi

1 year ago

Business·News·Oil & Gas

Afrexim Seeks $3 Billion Loan From Oil Traders To Bolster Nigeria’s Naira

In a groundbreaking move aimed at shoring up Nigeria’s dwindling naira, Afrexim Bank is actively engaging oil traders to secure a $3 billion loan for the country’s national oil enterprise, NNPC LTD.

Emmanuel Ochayi

1 year ago

Naira Strengthens By N63.72 Against Dollar In January As CBN Policies Boost Confidence

Business·Currency·News

FG Urges CBN To Trim BDCs From 5,000 To 200

Tope Fasua, Special Adviser to President Tinubu on Economic Affairs, has sparked intense debate with a proposal for the reduction of Nigeria’s 5,000+ Bureau de Change operators to just 200 in a

Emmanuel Ochayi

1 year ago

Blue Economy: Tinubu Appoints New Executive Directors For NPA, NIMASA

Business·Finance & Economy·News

Presidency Explains Tinubu’s CBN Economic Team Appointment

President Bola Tinubu has explained the reason behind the appointment of a new management team for the Central Bank of Nigeria (CBN) on September 15th, with the goal of revitalizing the CBN

Emmanuel Ochayi

1 year ago

Shettima Promises Economic Recovery For Nigeria In Less Than 15 Months

Business·Finance & Economy·News

Shettima Promises Economic Recovery For Nigeria Within15 Months

Nigeria’s Vice President, Kashim Shettima, has made a bold promise of economic resurgence within the next 15 months, fueling hope among investors and stakeholders. This revelation came during a high-profile meeting with

Emmanuel Ochayi

1 year ago

JP Morgan UK Bans Cryptocurrency Purchases to Combat Scams

Business·Currency·News·World News

JP Morgan Chase Bans Cryptocurrency Purchases To Combat Scams

In a bold move to protect its customers from the surging wave of cryptocurrency scams, JP Morgan’s Chase UK bank has announced a comprehensive ban on cryptocurrency purchases starting October 16. According

Emmanuel Ochayi

1 year ago

CBN Reforms Yielding Positive Returns As FX Transactions Surge To $800m, CBN Gov Assert

Business·Finance & Economy·News

CBN: Cardoso Vows To Defend Autonomy Against Political Influence

In a resolute and emphatic declaration, Dr. Olayemi Cardoso, the recently appointed Governor of the Central Bank of Nigeria (CBN), has assured the nation that under his leadership, the apex bank will

Emmanuel Ochayi

1 year ago

Why Nigerian Govt Need Supplementary Budget To Pay minimum wage- IMF

Business·Finance & Economy·News·World News

IMF Backs Nigeria’s Fuel Subsidy Removal, Exchange Rate Unification For Economic Prosperity

The International Monetary Fund (IMF) has once again thrown its weight behind Nigeria’s efforts to remove fuel subsidies and unify its exchange rates, emphasizing that these measures are pivotal to the nation’s

Emmanuel Ochayi

1 year ago

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Finance & Economy - Page 128

Food Prices Increase By 31% In Ebonyi, Abia In One Year

Access Bank Invests Over N200 Billion In Agribusiness, Benefitting 10,000+ Ventures

Binance To Exit Russia Amidst Sanctions Violation Probe By US

Afrexim Seeks $3 Billion Loan From Oil Traders To Bolster Nigeria’s Naira

FG Urges CBN To Trim BDCs From 5,000 To 200

Presidency Explains Tinubu’s CBN Economic Team Appointment

Shettima Promises Economic Recovery For Nigeria Within15 Months

JP Morgan Chase Bans Cryptocurrency Purchases To Combat Scams

CBN: Cardoso Vows To Defend Autonomy Against Political Influence

IMF Backs Nigeria’s Fuel Subsidy Removal, Exchange Rate Unification For Economic Prosperity

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