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Category: Finance

CBN affirms it will not convert forex in domiciliary account to naira
BusinessFinance

CBN affirms it will not convert forex in domiciliary account to naira

The Central Bank of Nigeria, CBN, has affirmed with a statement that it will not convert forex in domiciliary accounts…

Christina NgeneSeptember 11, 2021September 11, 2021
Nigeria to raise $3 billion from Eurobond sales mid-October
BusinessFinance

Nigeria to raise $3 billion from Eurobond sales mid-October

The Minister of Finance, Zainab Ahmed has said that Nigeria is looking to raise about $3 billion from Eurobond sales,…

Christina NgeneSeptember 9, 2021September 9, 2021
CBN new directive on bulk payment in banks, PSPs
BusinessFinance

CBN new directive on bulk payment in banks, PSPs

The Central Bank of Nigeria, CBN, has advised banks and Payment Services Providers, PSPs, to henceforth dis-aggregate bulk payment saying…

Christina NgeneSeptember 8, 2021September 8, 2021
How SMEs, MSMEs in Nigeria can get business loans
BusinessFinance

How SMEs, MSMEs in Nigeria can get business loans

A number of financial institutions in Nigeria have been employed by the federal government over the years to participate in…

Christina NgeneSeptember 7, 2021September 7, 2021
FGN funds for MSMEs, small business enterprises in Nigeria
BusinessFinance

FGN funds for MSMEs, small business enterprises in Nigeria

The federal government, FGN has been influencing the MSME sub-sector of the Nigerian economy with funds in recent years. It…

Christina NgeneSeptember 6, 2021September 7, 2021
How to get the FGN survival fund for business individuals
BusinessFinance

How to get the FGN survival fund for business individuals

The Federal Government (FG) has flagged off the last track of its Micro Small and Medium Enterprises (MSMEs) Survival Fund…

Christina NgeneSeptember 1, 2021September 6, 2021
OPEC+ plans to output raise for the year after resolves
BusinessFinance

OPEC+ plans to output raise for the year after resolves

The Organisation of Petroleum Exporting Countries and allies (OPEC+) has commenced a plan to increment output raise for the year following a…

Christina NgeneSeptember 1, 2021September 1, 2021
How government spending is impacting Nigeria  in 2021
BusinessFinance

How government spending is impacting Nigeria in 2021

Federal government spending for 2021 is regularly being reported alongside its deficits by the Budget Nigeria Office. The FG projected…

Christina NgeneAugust 31, 2021September 3, 2021
Details of CBN digital currency, eNaira, Bitt Inc. and things to know
BusinessFinance

Details of CBN digital currency, eNaira, Bitt Inc. and things to know

The Central Bank of Nigeria, CBN has formally engaged with global Fintech company, Bitt Inc., as its technical partner on…

Christina NgeneAugust 30, 2021August 31, 2021
CBN partners with Bitt Inc for digital currency, eNaira project
BusinessFinance

CBN partners with Bitt Inc for digital currency, eNaira project

The Central Bank of Nigeria (CBN) has announced the formal engagement of the global Fintech company, Bitt Inc., as the…

Christina NgeneAugust 30, 2021August 30, 2021

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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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