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Category: Finance

Dollar Transfer To Nigeria Via WorldRemit Enabled After New CBN Rule
BusinessFinance

Dollar Transfer To Nigeria Via WorldRemit Enabled After New CBN Rule

WorldRemit shuts naira transfer to Nigeria, enables transfers in dollar. The updated diaspora remittance rules by the Central Bank of…

Christina NgeneDecember 9, 2020December 9, 2020
Nigeria Records 63.2% Financial Inclusion Rate in 2019
BusinessFinance

Nigeria Records 63.2% Financial Inclusion Rate in 2019

The Central Bank of Nigeria, CBN is inching closer to realizing its financial inclusion objective with 63.2% rate in 2019.…

Christina NgeneDecember 7, 2020December 7, 2020
CBN Shuts Down Diaspora Remittance In Naira Under New Policy
BusinessFinance

CBN Shuts Down Diaspora Remittance In Naira Under New Policy

Having reviewed and investigated the methods of International Money Transfer Operators in Nigeria, the Central Bank of Nigeria, CBN, noted…

Christina NgeneDecember 4, 2020December 4, 2020
CBN Diaspora Remittance Policy Cuts Loses For Naira At Parallel Market
BusinessFinance

CBN Diaspora Remittance Policy Cuts Loses For Naira At Parallel Market

Naira gains over dollar on Wednesday after new CBN diaspora remittance policy New CBN remittance policy could be cutting loses…

Christina NgeneDecember 3, 2020December 3, 2020
NEXIT Portal: NPower Nigeria Beneficiaries Can Now Apply For CBN Plan
BusinessFinance

NEXIT Portal: NPower Nigeria Beneficiaries Can Now Apply For CBN Plan

NEXIT Portal for Npower beneficiaries The federal government of Nigeria is furthering the job creation and empowerment scheme, NPower by…

Christina NgeneDecember 2, 2020December 2, 2020
CBN Makes More Effort To Deepen Financial Market With Special Bill
BusinessFinance

CBN Makes More Effort To Deepen Financial Market With Special Bill

CBN Special Bill will promote liquidity The Central Bank of Nigeria has introduced a special bill as a means to…

Christina NgeneDecember 2, 2020December 2, 2020
NAICOM Commences Registration For Heirs Holding, Other Insurance Companies
BusinessFinance

NAICOM Commences Registration For Heirs Holding, Other Insurance Companies

NAICOM – Registration For Insurance Companies The National Insurance Commission (NAICOM) is commencing registration process for seven new insurance firms…

Christina NgeneDecember 1, 2020December 1, 2020
CBN: Naira Devaluation and Exchange Rate in November 2020
BusinessFinance

CBN: Naira Devaluation and Exchange Rate in November 2020

Central Bank of Nigeria, CBN devalued the Naira three times in 2020 In August the CBN reopened forex trade to…

Christina NgeneNovember 30, 2020November 30, 2020
Nigeria’s Monetary Policy Rate Remains At 11.5% – CBN
BusinessFinance

Nigeria’s Monetary Policy Rate Remains At 11.5% – CBN

Nigeria’s Monetary Policy rate remains at 11.5% as declared by the governor of the CBN, Central Bank of Nigeria, Godwin…

Christina NgeneNovember 30, 2020November 30, 2020
Websites To Find Finance and Business News In Nigeria
BusinessFinance

Websites To Find Finance and Business News In Nigeria

Business news websites in Nigeria Investors and business people who are looking for fundamental data that cover the Nigerian business space…

Christina NgeneNovember 30, 2020November 30, 2020

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News Summary Today

The explosion and a suspected attack on the Trans-Niger Pipeline, TNP, have warranted a state of emergency in Rivers State. President Bola Tinubu made the announcement Tuesday, where he also suspended the current administration as well as, instated a new leader, Vice Admiral Ibokette Ibas, for six months to run the affairs of the state.

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