Finance & Economy - Page 155

Business·Currency·Latest News·Top Stories

Naira Scarcity: Banks, POS Operators, Restaurants, UNN Students On Collision Course

Iheoma, a student of the University of Nigeria Nsukka (UNN) narrates her ordeal with a shop owner in the university town as she attempted to buy a few necessary items. “I was

John Adoyi, PBA Journalism Mentee

2 years ago

Agro-Economy

Heifer-sponsored ColdHubs, Launch Solar-powered Storage Solutions in Lagos To Help Smallholder Farmers

Heifer International’s sponsored Agritech storage solution, ColdHubs, was formally introduced into the Lagos market on Thursday with the launch of the facility for smallholder farmers and sellers of perishable farm products at

Victor Ezeja

2 years ago

KPMG Makes Naira Projection After Foreign Capital Importation Drops To $1.06 billion

Business·Currency

Prime Business Africa Hosts Twitter Space To Discuss CBN’s Naira Debacle

As Nigerians suffer the ripple effect from the Central Bank of Nigeria’s (CBN) hasty transition from the old Naira to the redesigned banknotes, Prime Business Africa has organised a Twitter space to

Fakoyejo Olalekan

2 years ago

CBN Naira Redesign Policy Deteriorates Business Condition – Stanbic IBTC

2023 Elections·Business·Currency

Old Naira: Buhari, Governors Meet, To Decide On Extension In 7 Days

President Muhammadu Buhari met with Governors of the All Progressive Congress (APC) on Friday, 3, February 2023, over the prolonged scarcity of Naira notes in Nigeria. The governors visited the State House

Fakoyejo Olalekan

2 years ago

Naira Appreciates At Official Market As Dollar Supply Rises On Friday

Business·Currency

Dollar Rate Rises As Naira Note Scarcity Hits Nigerian Banks

The Dollar rate appreciated in the official foreign exchange market on Thursday, 2, February 2023, as Nigerian commercial banks struggle to make Naira available to the public. According to data obtained from

Fakoyejo Olalekan

2 years ago

DSS warns Against Breakdown Of Law, Order After March 18 Polls

Business·Oil & Gas

DSS To Track Cross-border Fuel Smuggling, As 270 Filling Stations Shut Down

The Federal Government shut down over 270 filling stations amid scarcity of Premium Motor Spirit (PMS) and a hike in pump prices across several retailers. According to the government on Thursday, the

Fakoyejo Olalekan

2 years ago

Naira Gains More As Exchange Rate Drops To N1,300/$1 At Official Market

Business·Currency

Dollar Rate Falls By 0.80% In Bureau De Change Window

The exchange rate depreciated in the Bureau De Change window of the black market on Wednesday, 1, February 2023, after the Central Bank of Nigeria (CBN) confirmed banks will continue to receive

Fakoyejo Olalekan

2 years ago

Finance & Economy·Latest News

Buhari Charges MOFI Board To Grow FG’s Assets To ₦100trn In 10 Years

President Muhammadu Buhari, Wednesday in State House, Abuja, charged the Ministry of Finance Incorporated (MOFI) to grow its Assets Under Management from the current value of ₦18 trillion to at least ₦100

PBA Reporter

2 years ago

Hamas Attack On Israel, Rising Tensions Surge Oil Prices

Business·Oil & Gas

Oil Price Rises, As Nigeria’s Failure To Meet Quota Drags OPEC Output Down

Despite Nigeria claiming the spot of the largest crude oil producer in Africa, it failed to meet its quota in January 2023, as agreed with members of Organisation of the Petroleum Exporting

Fakoyejo Olalekan

2 years ago

Edo Receives 784,000 Litres Of Fuel As Task Force Set To Begin Monitoring Distribution, Pricing

Fuel Scarcity: Edo Receives 784,000 Litres Of Petrol, Task Force Set To Monitor Distribution, Pricing

Edo State Government has said it is stepping up efforts to find lasting solutions to distribution challenges and price hikes of petroleum products in the state, noting that the state has received

Victor Ezeja

2 years ago

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Finance & Economy - Page 155

Naira Scarcity: Banks, POS Operators, Restaurants, UNN Students On Collision Course

Heifer-sponsored ColdHubs, Launch Solar-powered Storage Solutions in Lagos To Help Smallholder Farmers

Prime Business Africa Hosts Twitter Space To Discuss CBN’s Naira Debacle

Old Naira: Buhari, Governors Meet, To Decide On Extension In 7 Days

Dollar Rate Rises As Naira Note Scarcity Hits Nigerian Banks

DSS To Track Cross-border Fuel Smuggling, As 270 Filling Stations Shut Down

Dollar Rate Falls By 0.80% In Bureau De Change Window

Buhari Charges MOFI Board To Grow FG’s Assets To ₦100trn In 10 Years

Oil Price Rises, As Nigeria’s Failure To Meet Quota Drags OPEC Output Down

Fuel Scarcity: Edo Receives 784,000 Litres Of Petrol, Task Force Set To Monitor Distribution, Pricing

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