The Central Bank of Nigeria (CBN) has devalued the Naira to N631 to the dollar from N461.6 it sold at the Importers and Exporters (I&E)...
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Showing posts with label Business News. Show all posts
Showing posts with label Business News. Show all posts
The movement of the nuclear weapons has already begun,” Alexander Lukashenko, President of Belarus declares.
“The movement of the nuclear weapons has already begun,” Alexander Lukashenko told reporters during a summit of the Eurasian Economic Forum ...
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Hilda Baci Breaks Guinness World Record For Longest Cooking Marathon
Nigerian chef Hilda Baci has broken the Guinness World Record for the longest cooking time. Hilda broke the record of 87 hours, 45 minutes,...
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Chairman of Dangote Group, Aliko Dangote Lists The Obstacles To Trade At The Ports In Nigeria
The president of Dangote Group, Aliko Dangote, has revealed that a lot of government agencies, especially at the country’s ports are set up...
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Taiwan, Malaysia Detect ‘cancer-causing’ Substance In Indomie Noodles
Manufacturer protests as Taiwan, Malaysia detect ‘cancer-causing’ substance in Indomie noodles Indofood, makers of Indomie instant noodles,...
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Over 2m Businesses Die In Nigeria In 5 Years – SMEDAN
The Director General, Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Olawale Fasanya has said that over two million b...
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Unilever Nigeria’s Market Exit To Affect OMO, Sunlight.
One of the leading Fast-Moving Consumer Goods (FMCG) companies, Unilever Nigeria Plc, has disclosed that its exit from the home care and sk...
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Soludo, Okonjo-iweala, Best Appointments I Made As President – Obasanjo
Former President Olusegun Obasanjo on Saturday recalled his relationship with Governor Chukwuma Soludo of Anambra State and current Directo...
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The Central Bank of Nigeria (CBN) Releases Cash, Orders Banks To Operate On Saturdays And Sundays
The Central Bank of Nigeria (CBN) has confirmed the evacuation of banknotes from its vaults to commercial banks across the country as part o...
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Mass Job Losses Loom In Q1 2023 Amid Naira Crisis - Manufacturers
A recent report by the Manufacturers Association of Nigeria, MAN has predicted imminent mass job losses in the first quarter of 2023 amid th...
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Jamaica Plans To Source Vehicles From Innoson Vehicles Manufacturing (IVM) in Nigeria– High Commissioner
The Jamaican High Commissioner to Nigeria, Esmond Reid, says his country was planning to source for vehicles from Innoson Vehicles Manufact...
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Ownership Structure Of The Lekki Deep Sea Port Lagos
Lekki Port LFTZ Enterprise Limited (LPLEL) is the Special Purpose Vehicle which was awarded the concession for the development and operatio...
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TECNO Phantom X2 Pro Review: Design, Camera And Software
TECNO unveiled the Phantom X2 Pro at a launch event in Dubai on December 7, 2022, and the device is going on sale in a few weeks. There are...
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Central Bank of Nigeria Launches Its Own Debit Card
The apex bank of Nigeria, CBN has introduced a national domestic card scheme to facilitate financial inclusion and grow Nigeria’s payment s...
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Shell To Pay 15 Million Euros In Settlement to communities in Nigeria Niger Delta
Shell (SHEL.L) will pay 15 million euros ($15.9 million) to communities in Nigeria that were affected by multiple oil pipeline leaks in the...
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Ghana Suspends Payment On Eurobond, Other Foreign Debt As Economic Crisis Worsens
The country suspended payments on its Eurobond, commercial term loans, and on most of its bilateral debt, a week after a $3 billion agreeme...
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Ghana reaches $3B IMF deal to battle Inflation and economic crisis
Ghana on Tuesday agreed on a $3 billion credit deal with the International Monetary Fund (IMF) as part of the country's battle to end i...
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NAIRA REDESIGN POLICY — REVISED CASH WITHDRAWAL LIMITS IN NIGERIA
CENTRAL BANK OF NIGERIA Banking Supervision Department Central Business District December 6, 2022 BSD/DIR/PUB/LAB/015/069 Letter to All Dep...
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Ghana’s central bank halts access to forex for rice, poultry imports
The Bank of Ghana says it will no longer provide foreign currency (FX) support for importers of “non-critical goods”. The goods include ric...
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Crypto Popular Exchange FTX Collapse: Binance agreed on Bailout
The crypto world was rocked yesterday as one of the biggest names in the biz agreed to buy its rival. While Binance is still doing its due ...
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Innoson Vehicle Manufacturing has mass-produced varieties of Compressed Natural Gas (CNG) Buses in Nigeria
Innoson Vehicle Manufacturing has mass-produced varieties of Compressed Natural Gas (CNG) Buses, a suitable alternative for Nigerians amids...
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