Naira Loses Shine, CBN Calls Meeting as Exchange Rates Worsen

Naira Loses Shine, CBN Calls Meeting as Exchange Rates Worsen The Nigerian naira lost shine in the foreign currency markets as exchange rates worsened beyond analysts’ anticipation. According to currency…

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NGX Declines by N132bn as Investors Sell Zenith, FBNH Shares

NGX Declines by N132bn as Investors Sell Zenith, FBNH Shares Equities market capitalisation of the Nigerian Exchange (NGX) declined by N132 billion as investors reduced their shareholdings in Zenith, FBN…

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Virtual FX Trading: SEC Pledges to Cooperate with EFCC

Virtual FX Trading: SEC Pledges to Cooperate with EFCC  The Securities and Exchange Commission (SEC) has pledged to work with the Economic and Financial Crimes Commission (EFCC) to ensure a…

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Nigeria Begins 2024 Oil Block Bidding Round

Nigeria Begins 2024 Oil Block Bidding Round The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has commenced the bidding process for 2024 oil block licensing round. Mr Gbenga Komolafe, Commission Chief…

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Ecobank MySME Growth Series: AI Holds the Key to Business Development – Erhabor

Ecobank MySME Growth Series: AI Holds the Key to Business Development – Erhabor Small and Medium Enterprises (SMEs) in the country have been advised to embrace Artificial Intelligence (AI) technology…

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China accuses Biden of tariffs hike on electric cars

China accuses Biden of tariffs hike on electric cars China has accused U.S. President Joe Biden of slapping new tariffs on Beijing as part of his re-election campaign and threatened…

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FBN Excluded as Fitch Upgrades Five Banks Outlook to Positive

FBN Excluded as Fitch Upgrades Five Banks Outlook to Positive Fitch Ratings has revised its outlook on the long-term issuer default ratings (IDRs) or creditworthiness of five Nigerian banks and…

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IMF Supports Zambia Economic Reform with $1.3bn – Official

IMF Supports Zambia Economic Reform with $1.3bn – Official The International Monetary Fund, IMF, said so far, the fund has extended about $1.3 billion to support Zambia’s economic reform, details…

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Oil Prices Climb on Positive Expectations

Oil Prices Climb on Positive Expectations Oil prices edged higher amidst global economic uncertainties on expectation that demand in China and US would come strong as market weighed top consumer…

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Entrepreneurship: FG Earmarks N10m Each for 5,000 Corps Members

Entrepreneurship: FG Earmarks N10m Each for 5,000 Corps Members The Federal Government says it plans to empower at least 5,000 Corps members with N10 million each to fund their entrepreneurial…

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