Business
CBN Issues Clarification Over Naira Notes Validity
CBN debunks claims of December 31st deadline for old banknotes, allaying fears over looming cash scarcity, economic disruptions.
13 December 2024
Business
Business
Dangote Refinery Begins Exporting Petrol To Cameroon
Dangote Refinery, Africa’s largest crude oil refinery, achieves a milestone with its first petroleum export to Cameroon
12 December 2024
Business
OPEC Appoints Nigeria’s Ademola Adeyemi-Bero as Chairman of Board of Governors for 2025
Nigerian oil industry veteran Ademola Adeyemi-Bero has been appointed as Chairman of OPEC’s Board of Governors for 2025
11 December 2024
Business
AfDB, BOI sign $50 million deal to support women-led businesses
Aiming to reduce financing gap between men-led and women-led SMEs AFAWA unlocks $50 million facility to provide support for women-led enterprises
10 December 2024
Business
Moniepoint MD Counsels Nigerians On Cyber Fraud
Moniepoint MD Babatunde Olofin warns Nigerians against sharing account numbers publicly to avoid cyber fraud and legal risks
9 December 2024
Business
Naira Strengthens Amid Market Reforms, Analysts Predict Stability at N1,500/$
Nigeria’s naira strengthens to N1,515 per dollar amid market reforms and improved forex inflows. Analysts predict stability around N1,500/$
8 December 2024
Business
Economists Advocate Fiscal Discipline in Nigeria’s 2025 Budget
As President Tinubu prepares to present the 2025 budget, experts call for fiscal discipline, realistic assumptions, and targeted spending to address macroeconomic challenges.
7 December 2024
Business
African Startup Funding Declines by 32% in 2024
Funding for African startup fell by 32% in 2024, totaling $1.9 billion between January and November due to disruptions caused by insecurity
6 December 2024
Business
BOI Secures €2 Billion Syndicated Loan to Boost Nigerian Trade
Bank of Industry (BOI) secures a record €2 billion syndicated loan facilitated by Africa Finance Corporation (AFC)
5 December 2024
Business
Analysts Applaud CBN’s New EFEMS for Transparency in Forex Market
Financial experts praise the Central Bank of Nigeria’s EFEMS initiative, aiming to boost transparency and efficiency in forex trading
4 December 2024
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