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Category: Finance

Keeping track of a business bank account in Nigeria to avoid theft
BusinessFinance

Keeping track of a business bank account in Nigeria to avoid theft

Bank customers who lose track of their business or personal bank account in Nigeria risk theft and fraud. Bank accounts…

Christina NgeneSeptember 21, 2021September 21, 2021
AfCFTA – The UK formally endorses trade and investment opportunities
BusinessFinance

AfCFTA – The UK formally endorses trade and investment opportunities

The United Kingdom, (UK) has become the first non-African nation to formally acknowledge the African Continental Free Trade Area, AfCFTA…

Christina NgeneSeptember 15, 2021September 16, 2021
AfCFTA and the UK sign MoU to facilitate trade in Africa
BusinessFinance

AfCFTA and the UK sign MoU to facilitate trade in Africa

The African Continental Free Trade Area, AfCFTA and the government of the United Kingdom, (UK) have formalised their shared interests…

Christina NgeneSeptember 15, 2021September 15, 2021
Inflation in Nigeria further declines to 17.01% in August
BusinessFinance

Inflation in Nigeria further declines to 17.01% in August

Inflation in Nigeria, August Nigeria continues on a fifth straight decline in months and a double-figure of inflation rates for…

Christina NgeneSeptember 15, 2021September 15, 2021
Annual inflation in Nigeria at 17.01% in August -NBS
BusinessFinance

Annual inflation in Nigeria at 17.01% in August -NBS

The National Bureau of Statistics, NBS has announced annual inflation of 17.01% in Nigeria this August, compared with 17.38% in…

Christina NgeneSeptember 15, 2021October 12, 2021
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

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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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