Monday, September 25, 2023
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Naira Falls To N950 As Forex Scarcity Worsens

BUSINESS & ECONOMY
The naira fell further to the dollar after closing at 950/$ at the parallel market. Bureau de Change operators said the naira which...

₦3.14trn: All You Need To Know About LG FAAC Allocation For 2 Years

BUSINESS & ECONOMY
The president according to dataphyte has accused governors of only giving half of the allocated funds to Local Government (LG) council chairmen, who then...

Oil Price Peaks At $92p/b As Nigeria Struggles With Oil Theft

[ MAIN ]
The oil price rose to $92.28 a barrel early on Wednesday, but Nigeria will not benefit from the increase since it continues to produce...

AfDB Announces Inaugural USD Global Benchmark Sustainable Hybrid Capital Transaction

BANKING & FINANCE
The African Development Bank (AfDB) announces upcoming investor calls and meetings in New York, London and Paris, ahead of an inaugural USD Global Benchmark...

“Digital Marketing Key To Luxurytea Startup Success” – AgriPitch Winner

BUSINESS & ECONOMY
Senegalese businesswoman, Adja Sembene Fall said she had no choice but to launch her start-up business online because her new Contanna fair-trade tea company...

NGX Equity Market Balances As Investors Make N338bn

CAPITAL MARKET
On Wednesday, the equities market recovered from two days of losses, with investors gaining N338 billion. The Nigerian Exchange Limited market capitalisation fell by...

7th ACT Foundation Breakfast Dialogue Set To Illuminate Path To Sustainable Development In Africa

BUSINESS & ECONOMY
The Aspire Coronation Trust (ACT) Foundation is gearing up to host the highly-anticipated 7th ACT Foundation Breakfast Dialogue (BFD) on October 5th, 2023, at...

Flutterwave, Kadavra BDC, Wema Bank Launch Swap

BANKING & FINANCE
Flutterwave, Africa's leading payments technology company has announced the launch of Swap, powered by Flutterwave, in partnership with Wema Bank and Kadavra BDC. Swap...

African Development Bank Announces Investor Calls For Inaugural USD Global Benchmark Sustainable Hybrid Capital Transaction

BANKING & FINANCE
The African Development Bank announces upcoming investor calls and meetings in New York, London and Paris, ahead of an inaugural USD Global Benchmark Sustainable...

NGX Equities Investors Lose N294bn To Selloff On Nigerian Bourse

BUSINESS & ECONOMY
As the Nigerian stock market's value fell further, equity investors lost around N294 billion. Following the downgrade of the Nigeria Index by FTSE Russell,...

Naira Sells For N742 As FX Transactions Falls To $42.6m

BUSINESS & ECONOMY
The Nigerian naira exchange rate is presently N742 per US dollar in the Investors and Exporters FX window, with the total amount of foreign...

Banking and Digitization: An Opportunity For Economic Growth In Africa

BANKING & FINANCE
Some of the biggest banks on the continent to digitize and utilize the latest technology. According to McKinsey, cash is still used in more...
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