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Category: Finance

How To Grow Money In Nigeria: 3 Best Ways To Invest N1 Million Now
Finance

How To Grow Money In Nigeria: 3 Best Ways To Invest N1 Million Now

N1 million sitting in a bank account in 2020 is not more valuable than N1 million in the wallet. But…

Christina NgeneJuly 22, 2020July 22, 2020
Opportunities And Benefits Of Trading Foreign Stocks From Nigeria
BusinessFinance

Opportunities And Benefits Of Trading Foreign Stocks From Nigeria

There is quite a good number of publicly traded companies in Nigeria compared to a lot of other countries. But…

Christina NgeneJuly 22, 2020July 22, 2020
Naira Weakens Further At The Parallel Market Trades 472/Dollar
Finance

Naira Weakens Further At The Parallel Market Trades 472/Dollar

The naira which traded at 470 at the parallel market almost all throughout last week has further dropped this week.…

Christina NgeneJuly 20, 2020July 20, 2020
Zenith Bank Nigeria Puts New Limit on Debit Card Transactions Abroad
FinanceTravel Africa

Zenith Bank Nigeria Puts New Limit on Debit Card Transactions Abroad

Stanbic IBTC Bank Ltd and Zenith Bank Plc in Nigeria have stated that they will put a limit to customer…

Christina NgeneJuly 20, 2020July 20, 2020
WEEKAHEAD-Africa FX – Naira Weakens Against Dollars
BusinessFinance

WEEKAHEAD-Africa FX – Naira Weakens Against Dollars

The week ahead doesn’t look too good for the Kenyan and Nigerian currencies. Reuters Africa reports that both naira and…

Christina NgeneJuly 16, 2020July 16, 2020
Naira to Dollar Stable Across Daily Relevant Exchange Rates
Finance

Naira to Dollar Stable Across Daily Relevant Exchange Rates

The official rate of dollar to naira on the Central Bank of Nigeria’s websites remains unchanged at 360/$1 despite being…

Christina NgeneJuly 16, 2020July 16, 2020
Different Exchange Rates Of Nigerian Naira Explained
Finance

Different Exchange Rates Of Nigerian Naira Explained

After a 5.5% devaluation of the naira to 381 per dollar, trading has been chaotic and Central Bank is the…

Christina NgeneJuly 16, 2020July 16, 2020
Recent Devaluation Of Naira By the CBN Chaotic Or The Best Move?
BusinessFinance

Recent Devaluation Of Naira By the CBN Chaotic Or The Best Move?

Nigeria has barely outlived the fall that began with the 2014/15 oil price collapse before coronavirus hit its economy. How the…

Christina NgeneJuly 13, 2020July 13, 2020
New Caveat On Medview Airline Plc, Others As NSE Warns Investors
BusinessFinance

New Caveat On Medview Airline Plc, Others As NSE Warns Investors

A new caveat has been placed by the NSE on 13 companies shares to warn investors to stay away. The…

Christina NgeneJuly 10, 2020July 10, 2020
Cavmont Bank in Zambia To be Acquired By Access Bank Plc
BusinessFinance

Cavmont Bank in Zambia To be Acquired By Access Bank Plc

Access Bank Plc has engrossed a few banks in Africa including Diamond Bank Plc and the Transnational Bank of Kenya…

Christina NgeneJuly 9, 2020July 9, 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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