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Category: Finance

DPR Opens Auction For Marginal Fields in 2020 – Bidding Costs
BusinessFinance

DPR Opens Auction For Marginal Fields in 2020 – Bidding Costs

Marginal Fields bidding round is now open in 2020 after over 18 years and The Department of Petroleum Resources (DPR)…

Christina NgeneJune 3, 2020June 3, 2020
ATM: CBN Directs Banks to Resolve Failed Transactions
BusinessFinance

ATM: CBN Directs Banks to Resolve Failed Transactions

In a revised money reversal timeline, the Central Bank of Nigeria, CBN, directs banks to resolve failed ATM, POS, transactions.…

Christina NgeneJune 2, 2020June 2, 2020
Use of CFA Currency in West Africa Comes to End With New Bill
Finance

Use of CFA Currency in West Africa Comes to End With New Bill

French Council of Ministers has signed the bill to end the use of Communauté financière d’Afrique – CFA franc currency…

Christina NgeneMay 28, 2020May 31, 2020
A Report of the Capital Importation in Nigeria First Quarter of 2020 – NBS
Finance

A Report of the Capital Importation in Nigeria First Quarter of 2020 – NBS

The report by the National Bureau of Statistics for Capital Importation into Nigeria in the Q1 of 2020 isn’t drastic.…

Christina NgeneMay 26, 2020July 30, 2020
Who is Diezani Alison-Madueke and What Led to Her Arrest?
BusinessFinance

Who is Diezani Alison-Madueke and What Led to Her Arrest?

Nigerians first learned of the sinister fraud activities by Diezani Alison-Madueke around 2014/2015. Apparently, allegations have built up against Alison-Madueke…

Christina NgeneMay 25, 2020May 25, 2020
Key Things to Know About The Nigerian Stock Exchange (NSE)
BusinessFinance

Key Things to Know About The Nigerian Stock Exchange (NSE)

The Nigerian Stock Exchange, NSE, is the country’s prime monetary institution that uplifts its economy. Formerly called Lagos Stock Exchange…

Christina NgeneMay 20, 2020July 14, 2021
What is MTN Nigeria ‘Turn it Up’ and Who Can Benefit From It?
BusinessFinance

What is MTN Nigeria ‘Turn it Up’ and Who Can Benefit From It?

Due to a continued dedication to progress and success in Nigeria, MTN Nigeria launched a campaign in January 2020 called…

Christina NgeneMay 19, 2020May 19, 2020
Nigerian Stock Exchange, NSE, Companies Full List
BusinessFinance

Nigerian Stock Exchange, NSE, Companies Full List

The Nigerian stock exchange has been operating since 1960 and at least 19 companies listed at about the same time.…

Christina NgeneMay 17, 2020June 29, 2021
Why Emeka Okonkwo Five Star Music Boss is Keeping E-Money
Finance

Why Emeka Okonkwo Five Star Music Boss is Keeping E-Money

E-money is an unusual choice of nickname. It is, however, acceptable if the bearer like Emeka Okonkwo, head of Five…

Christina NgeneMay 10, 2020July 30, 2021
How businesses in Nigeria can manage cash flow during the pandemic
Finance

How businesses in Nigeria can manage cash flow during the pandemic

Small and big businesses in Nigeria are seeing some similar trend during the pandemic – reduced customers and open-ended costs.…

Christina NgeneMay 7, 2020May 7, 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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