Finance & Economy - Page 180

Naira Crisis: Banks Will Remain Open So Long It’s Safe To Do So – CIBN

Naira Crisis: Banks Will Remain Open So Long As It’s Safe To Do So – CIBN

Following the protest and destruction of banks’ facilities across the nation over scarcityn of new naira notes, the Chartered Institute of Bankers of Nigeria (CIBN) has urged Nigerians to remain calm, assuring

Victor Ezeja

February 18, 2023

Naira Appreciates To N869/$1 As Experts Debate Stability

Business·Currency

Nigerians Rush For Dollar, Push UP USD Rate Amid Naira Scarcity

The Naira lost some value against the United States Dollar (USD) in official and black markets, on Thursday, 16 February 2023. The FMDQ Exchange, which tracks official exchange rates, reports that the

Fakoyejo Olalekan

February 17, 2023

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

Business·Currency

Fitch Says Naira Scarcity Will Affect Dollar Demand, Exchange Rate

Global credit ratings agency, Fitch Ratings, has warned that Nigeria’s exchange rate might appreciate due to scarcity of Naira notes. Fitch made this known in a report dated 14 February 2023 and

Fakoyejo Olalekan

February 17, 2023

Currency·Finance & Economy·Insights

7 Important Takeaways From Buhari’s Speech On Naira Policy

The CBN on 26 October 2022, announced the introduction of redesigned N100, N200, N500 and N1,000 banknotes into the financial system and in December 2022, introduced the new naira note design to

Ezuka Sharon

February 16, 2023

Naira Records First Major Depreciation At Official Market In 2025

Business·Currency

Dollar Rate Falls In CBN-Backed Official Market, Buhari Projects Stability

Exchange rate between the Naira and the United States Dollar (USD) fell in the official market on Wednesday, 15 February 2023. According to the exchange rate data obtained from the FMDQ Exchange,

Fakoyejo Olalekan

February 16, 2023

Currency·Finance & Economy

Full Text Of Buhari’s Speech On Naira Policy

President Muhammadu Buhari on Thursday at 7 am addressed the nation about the naira redesign policy of the Central Bank of Nigeria, which has resulted in protests in some parts of the

Admin

February 16, 2023

Finance & Economy·Transport

FG, Edo Govt Call For Bidding To Develop Benin Port

The Federal Ministry of Transportation and the Nigerian Ports Authority (NPA) in collaboration with the Edo State Government, have called for bids for the development of the Benin Port (on an area

PBA Reporter

February 16, 2023

Oil & Gas Women Entrepreneurs To Benefit From $40m NCDMB/NEXIM Bank Fund - Wabote

Business·News·Oil & Gas

Local Content: NCDMB Boss Lists Strategies For Regional Collaboration, Signs MoU With Senegal

Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr Simbi Kesiye Wabote, has proposed strategies that would break down barriers and promote cross-border collaboration amongst governments and businesses. The partnership

PBA Reporter

February 15, 2023

Business·Entrepreneurship

Monieworx Enables 3 SMEs Raise N100M In 10 Days Through Regulated Crowdfunding, Nigeria’s First

Alternative Finance Limited (Obelix), Nigeria’s Crowdfunding Intermediary, regulated by the Securities and Exchange Commission (SEC), on Tuesday announced that it has fundraised N100 million from 9,324 registered small-ticket retail investors for three

PBA Reporter

February 15, 2023

Business·Currency·News·Top Stories

Food Prices Drop On CBN’s Naira Policy In Suleja, Lambata, Other Markets

Amid widespread hardship trailing Nigeria’s naira policy implementation, the country’s central bank says inflation is already abating and could pleasantly drop some 4 percent off its current 22 percent rate by mid

Uduegbunam Chukwujama

February 15, 2023

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Finance & Economy - Page 180

Naira Crisis: Banks Will Remain Open So Long As It’s Safe To Do So – CIBN

Nigerians Rush For Dollar, Push UP USD Rate Amid Naira Scarcity

Fitch Says Naira Scarcity Will Affect Dollar Demand, Exchange Rate

7 Important Takeaways From Buhari’s Speech On Naira Policy

Dollar Rate Falls In CBN-Backed Official Market, Buhari Projects Stability

Full Text Of Buhari’s Speech On Naira Policy

FG, Edo Govt Call For Bidding To Develop Benin Port

Local Content: NCDMB Boss Lists Strategies For Regional Collaboration, Signs MoU With Senegal

Monieworx Enables 3 SMEs Raise N100M In 10 Days Through Regulated Crowdfunding, Nigeria’s First

Food Prices Drop On CBN’s Naira Policy In Suleja, Lambata, Other Markets

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