All posts in: Business
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2 years agoNaira drops to N461.50 at official market as demand for dollar rises
The Naira depreciated against the United States Dollar at the Investors and Exporters (I&E) segment of the foreign exchange (FX) market at the las...
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2 years agoNaira makes further gain at official market as dollar demand continues to drop
The Naira continued its good run against the US dollar at the official market on Thursday. Data from FMDQ securities where naira is o...
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2 years agoBREAKING! Gov Ikpeazu Cancels Contract for Remodeling of Ngwa Road Market
The governor of Abia State, Dr. Okezie Ikpeazu on Thursday cancelled ongoing redevelopment work of the Ngwa road Market, Aba. Ikpeaz...
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2 years agoFour Important Things To Note In Supreme Court Judgement Over Deadline Of Old Naira Notes
Four Important Things To Note In Supreme Court Judgement Over Deadline Of Old Naira Notes 1. CBN could not be sued at the Supr...
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2 years agoBanks Direct Staff To Provide Soft Drinks To Customers Over Scarcity Of New Naira Notes
Following the lingering shortage of new notes showing no sign of abating, thus fuelling anger among Nigerians, some banks in the co...
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2 years agoNaira drops in value to US dollar at official market
Naira weakened slightly against the United States dollar at the Investors and Exporters segment on Monday. The local unit depreciated by 67 Kobo or 0.15 per ce...
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2 years agoNaira appreciates against US dollar at official market, P2P
Nigerian currency recorded an upward movement against the US dollar at the official and unofficial foreign exchange markets during the weekend. In the I...
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2 years agoNew Naira Scarcity: Man Spends Night At ATM Point To Withdraw (Photo)
New Naira Notes Scarcity: Man Reportedly Spends Night At ATM Point So He Could Be First Person To Withdraw, IGBERETV reports. ...
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2 years agoCapital Hotels renames Sheraton Abuja after management faceoff
Capital Hotels Plc has renamed the Sheraton Hotel, Abuja. Capital Hotels Plc shut down the leisure outf...
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2 years agoTingo Foods Targets 12,000 Direct Jobs With Its Multi Billion Naira Food Processing Facility
Tingo Foods, a subsidiary of Tingo International Holdings Inc, will in coming months decongest the labour market wit...
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2 years agoNaira loses against US dollar across fx markets, as demand soars
Naira depreciated against the Dollar at the official foreign exchange (FX) market on Thursday, February 2 amid increased demand for the dollar. The...
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2 years agoNigeria’s capital market closes with N142.1bn gain despite sell-off in Guinness, Ardova
The Nigerian stock market closed on a positive note on Wednesday, with the equity capit...
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2 years agoMTN Nigeria CEO laments Nigeria’s exchange rate volatility, as firm faces Starlink threat
As Elon Musk’s Starlink commences operation in Nigeria, the Chief Executive Off...
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2 years agoEmefiele Has Weaponised The CBN And Is An Enemy Of Democracy - FFK
Former Aviation Minister, Femi Fani-Kayode, has slammed the governor of the Central Bank of Nigeria, Godwin Emefiele, over the new monetary policy, IGBE...
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2 years agoZenith Bank Finally Sends N3.23m to Lady Who Lost N4.039 Million
A leading Nigerian commercial bank, Zenith Bank has returned N3.23 million to Chiamaka Agim, a Lagos State resident whose N4.039 million was erroneously d...
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2 years agoNAIRA REDESIGN: Reps threaten to issue arrest warrant for CBN Gov, Emefiele, banks MDs
The failure of the Governor of the Central Bank of Nigeria, Godwin Emefiele, to appear before the House of Representatives over the ...
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2 years agoFamily Rejects Old Naira Notes As Bride Price In Niger State
A family in Gbako LGA of Niger State has asked a suitor to take back the old N1,000 and N500 notes he gave as bride price, IGBERETV reports. It was rep...
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2 years agoNaira falls as dollar demand jumps by $35.96m
Nigerian currency, the naira once again recorded a poor performance against the US dollar amid a rise in dollar demand. ...
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2 years agoNaira value drops at official market
The demand for foreign exchange (FX) at the Investors and Exporters (I&E) market weakened the value of the Naira at the end of last week. On Friday Nigerian currency value...
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2 years agoDelta highest, as nine oil-producing states earn N1.5trn in 3 years
Oil-producing states in Nigeria received a total of N1.5 trillion as 13 percent derivation funds between 2021 and 2022. Data released by the Fed...
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