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Category: Finance

Konga Rejected $300 Million Investment To Maintain Genuineness
BusinessFinanceTech

Konga Rejected $300 Million Investment To Maintain Genuineness

E-commerce group, Konga who has a reputation in the tech said it rejected $300 million offered to it by a…

Christina NgeneAugust 12, 2020August 12, 2020
MasterCard Limit Causing Chaos For GTB As Card Users Object
Finance

MasterCard Limit Causing Chaos For GTB As Card Users Object

Customers of Guarantee Trust Bank, GTB Plc were notified this Wednesday of the new limit on its debit MasterCard. The…

Christina NgeneAugust 12, 2020August 12, 2020
Business: The Need For Crypto Debit Card Is Growing
FinanceTech

Business: The Need For Crypto Debit Card Is Growing

Over a decade after the creation of private key controlled currency or digital currency, a number of fiat-backed digital currencies…

Christina NgeneAugust 11, 2020August 11, 2020
Is CBN Unifying Exchange Rates Across Markets in Nigeria?
Finance

Is CBN Unifying Exchange Rates Across Markets in Nigeria?

For the second time in the last months, the CBN appears to have further adjusted the official rates of naira/dollar.…

Christina NgeneAugust 10, 2020August 10, 2020
Konga Shows Interest In Foreign IPOs, Talks About Going Public
BusinessFinanceTech

Konga Shows Interest In Foreign IPOs, Talks About Going Public

A top e-commerce company in Africa, Konga could be going public on international stocks in a short while. The company…

Christina NgeneAugust 10, 2020August 10, 2020
3 Ideas And Tools That Make Investment Easy In Nigeria
BusinessFinance

3 Ideas And Tools That Make Investment Easy In Nigeria

With the right investment tools, any investor can find success with almost all investments. Most investors in Nigeria are turning…

Christina NgeneJuly 31, 2020September 2, 2020
Seven Nigerians Make Africa’s Business Heroes 50 Finalist
BusinessFinance

Seven Nigerians Make Africa’s Business Heroes 50 Finalist

With over 22 000 applicants of the 2020 Africa’s Business Heroes (ABH) prize competition, 50 entrepreneurs which include seven Nigerians…

Christina NgeneJuly 27, 2020July 27, 2020
Closing Date For N-power Registration Portal Extended
BusinessFinance

Closing Date For N-power Registration Portal Extended

The closing date for the N-Power registration portal has been extended by the federal government. The portal which has now…

Christina NgeneJuly 27, 2020July 27, 2020
What Gives The Naira Its Value Whether Weak Or Strong
Finance

What Gives The Naira Its Value Whether Weak Or Strong

Paying for goods and services in Nigeria is done with naira notes for a reason – it is the government…

Christina NgeneJuly 24, 2020July 24, 2020
Naira Rate Stable For NAFEX And The Parallel Market, Turnover Falls
BusinessFinance

Naira Rate Stable For NAFEX And The Parallel Market, Turnover Falls

For two days in a row, the parallel market maintained a stable naira rate of  ₦472/$1 and closed the same…

Christina NgeneJuly 23, 2020July 23, 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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