Finance & Economy - Page 139

Naira Records First Major Depreciation At Official Market In 2025

Dollar Sells At N778/$1 In CBN-backed Official Window, Stabilises In Black Market

In the Investors’ and Exporters’ window of the official market on Friday, the United States Dollar (USD) rate closed at N778.42/$1, up from N771.69/$1 reported on Thursday. This is according to the

Fakoyejo Olalekan

2 years ago

Finance & Economy

Elumelu: Youth restiveness ticking time Bomb for Africa, others

The Chairman of the United Bank for Africa (UBA), Mr. Tony Elumelu, has stressed the need to unlock the potential of youths in Africa to catalyse the socio-economic development of the continent.

Prime Business Africa

2 years ago

Currency·Finance & Economy

Nigeria lets naira weaken in possible move to unify exchange rates

Nigeria let the naira weaken to a record low against the dollar on the official market on Friday, according to traders, who said this could be a move by the central bank

Prime Business Africa

2 years ago

Entrepreneurship·Finance & Economy·Personal Finance

Union Bank launches investment video series, ‘The Journey to Wealth’

Digital lifestyle and investment platform, M36, said it is launching a mini-video series focused on providing individuals with the insights and tools they require to make well-informed investment decisions and actively grow

Prime Business Africa

2 years ago

Entrepreneurship·Finance & Economy

African Finance Barometer shows industry leaders committed to transformation at all levels

The first African Financial Industry Barometer, developed in partnership with the Africa CEO Forum, reveals in exclusivity how, in the exceptional context of the pandemic, financial institutions operating in Africa are undertaking

Prime Business Africa

2 years ago

53df5c8482c252013 02 14 at 15 37 58 660x400 1

Finance & Economy

Nigerian Exchange Limited hosts free training to derivatives traders

In collaboration with NG Clearing (NGCL) Limited – the Central Counterparty Clearing System for the NGX derivatives market – Nigerian Exchange (NGX) Limited held a free training for firms that have applied

Prime Business Africa

2 years ago

Finance & Economy

Coca-Cola Considers Options for $6 Billion Africa Unit

Coca-Cola Co. is weighing options for its bottling business in Africa, including a sale or initial public offering, according to people familiar with the matter. The soft drinks giant holds 66.5% of

Prime Business Africa

2 years ago

IMF Sympathises With Victims Of Kenya Anti-tax Protest

Business·Oil & Gas

IMF Backs Fuel Subsidy Removal, As Gov’ts Spend $7trn To Lower Prices

About $7 trillion was spent globally on explicit and implicit fossil-fuel subsidies in 2022, the International Monetary Fund (IMF) revealed in a new report. With the cost of subsidies rising by $2

Fakoyejo Olalekan

2 years ago

Business·Currency

Black Market, Official Window Forex Dealers Drop Dollar Rate

Authorised dealers and their clients traded the dollar at the rate of N771.69/$1 at the close of trading in the Investors’ and Exporters’ (I&E) window of the official market on Thursday. This

Fakoyejo Olalekan

2 years ago

Naira Ends Week With Marginal Gain Against Dollar

Finance & Economy

Nigeria’s FX Crisis Will Continue Until We Scale Up Production For Export’

The persisting foreign exchange crisis in Nigeria which has seen the naira fall to a record low, especially in recent time, will continue unless the country comes up with an effective strategy

Victor Ezeja

2 years ago

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Finance & Economy - Page 139

Dollar Sells At N778/$1 In CBN-backed Official Window, Stabilises In Black Market

Elumelu: Youth restiveness ticking time Bomb for Africa, others

Nigeria lets naira weaken in possible move to unify exchange rates

Union Bank launches investment video series, ‘The Journey to Wealth’

African Finance Barometer shows industry leaders committed to transformation at all levels

Nigerian Exchange Limited hosts free training to derivatives traders

Coca-Cola Considers Options for $6 Billion Africa Unit

IMF Backs Fuel Subsidy Removal, As Gov’ts Spend $7trn To Lower Prices

Black Market, Official Window Forex Dealers Drop Dollar Rate

Nigeria’s FX Crisis Will Continue Until We Scale Up Production For Export’

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