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Category: Finance

Nigeria records an inflation rate of 17.93% in May 2021
BusinessFinance

Nigeria records an inflation rate of 17.93% in May 2021

Nigeria recorded an annual inflation rate of 17.93% in May, the National Bureau of Statistics, NBS published on Tuesday. Having…

Christina NgeneJune 16, 2021July 15, 2021
African Development Bank, AfDB issues Bond of AUD$600 million in the Australian market
BusinessFinance

African Development Bank, AfDB issues Bond of AUD$600 million in the Australian market

The African Development Bank, AfDB launched a A$600 million (US$463.9 million) 5.5-year Kangaroo bond, marking its return to the Australian…

Christina NgeneJune 14, 2021June 14, 2021
Crowdfunding registration in Nigeria – Cost and overview
BusinessFinance

Crowdfunding registration in Nigeria – Cost and overview

What does crowdfunding registration cost in Nigeria? The Securities and Exchange Commissions, SEC monitors crowdfunding entities in Nigeria and have…

Christina NgeneJune 14, 2021June 17, 2021
19 CBN designated banks for the collection of fees under NESS
BusinessFinance

19 CBN designated banks for the collection of fees under NESS

The Nigerian Export Supervision Scheme, NESS has about 19 designated banks under its wings approved by the Central Bank of…

Christina NgeneJune 10, 2021June 10, 2021
The SEC Nigeria rules on crowdfunding – an overview
BusinessFinance

The SEC Nigeria rules on crowdfunding – an overview

The new rules for crowdfunding movement in Nigeria by the Securities and Exchange Commission, SEC, comes into effect on June…

Christina NgeneJune 8, 2021June 17, 2021
Africa Business Heroes, ABH new deadline for 2021 applications
BusinessFinance

Africa Business Heroes, ABH new deadline for 2021 applications

Africa Business Heroes ABH, a non-profit establishment by Jack Ma is extending its deadline for 2021 applications from June 7…

Christina NgeneJune 7, 2021June 7, 2021
8 Steps for shortlisted applicants to log in to the N-Power portal to enter biometric data
BusinessFinance

8 Steps for shortlisted applicants to log in to the N-Power portal to enter biometric data

The N-Power authority is requiring all shortlisted applicants to log in to the self-service portal via the PPA portal link…

Christina NgeneJune 4, 2021June 4, 2021
President Muhammadu Buhari Administration Documentary – What to expect
BusinessFinance

President Muhammadu Buhari Administration Documentary – What to expect

President Muhammadu Buhari Administration set to release documentary On May 29, 2021, President Muhammadu Buhari marked the second anniversary of…

Christina NgeneJune 1, 2021June 1, 2021
Setbacks in free trade in Africa six months after AfCFTA
BusinessFinance

Setbacks in free trade in Africa six months after AfCFTA

The recognition of the common issues and the barriers to free trade and movement of merchandise in Africa is key.…

Christina NgeneJune 1, 2021June 1, 2021
Foreign oil firms approach Dangote for stake in the forthcoming refinery
BusinessFinance

Foreign oil firms approach Dangote for stake in the forthcoming refinery

Ahead of its opening, Dangote Industries have been approached by three foreign oil firms as well as by the Nigerian…

Christina NgeneMay 31, 2021June 1, 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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