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Wednesday, November 6, 2024

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Naira Gains at NAFEX Window as CBN Blocks Firms’ Accounts for Forex Abuse

The Naira appreciated marginally against the dollar at the I&E window on Friday.  Nigeria’s exchange rate at the NAFEX window appreciated to N386.13 during intraday trading on Friday, September...

FMDQ’s Debt Capital Markets Development Project Hosts Webinar on Debt Capital Markets Infrastructure

In line with the Terms of Reference of the Infrastructure Finance Sub-Committee of the FMDQ Debt Capital Markets Development (“DCMD”) Project, to facilitate the...

Fidelity Bank Posts Impressive Half Year Results

·      Profits up by 22% as Gross Earnings hit N105.8bn.  Despite the economic challenges occasioned by the COVID-19 pandemic, Fidelity Bank has sustained the financial performance...

Edo 2020: PDP, APC clash over fresh allegations to rig election

The acrimony between the Peoples Democratic Party and the All Progressive Congress seems not to be abating as the PDP has alleged a plot...

AFCON trophy ‘stolen’ in Egypt

The Africa Cup of Nations (AFCON) trophy has reportedly been stolen from the Egyptian Football Association (EFA) headquarters in Cairo. The country’s football body broke...

Heritage Bank to stimulate economic growth with youth empowerment schemes

 As part of its further response to deal with the global economic challenge occasioned by COVID-19, Heritage Bank Plc has reiterated commitment to deepen...

NNPC Obtains $1bn to fund Operation of NPDC

The Nigerian National Petroleum Corporation (NNPC) has obtained a prepayment funding of about $1billion to support the upstream operations of its subsidiary, Nigerian Petroleum...

PwC Holds Capability Enhancement Workshop for Journalists

Leading professional services firm, PwC Nigeria Wednesday hosted its annual Capability Enhancement Workshop for journalists. The half-day workshop which held virtually in line with COVID-19...

Afreximbank provides $400m to the Export Trading Group to drive agricultural productivity and resilience

Three-year revolving global credit facility will strengthen African agricultural networks and bolster the continent’s food security Cairo, 26 August 2020: – The African Export-Import Bank (Afreximbank), Africa’s...

NNPC Rakes in S378.42m in June

The Nigerian National Petroleum Corporation (NNPC) has announced a total crude oil and gas export receipt of $378.42million in June 2020 as against $133.16million...

Ibeju Lekki YouthsBenefit from Dangote Refinery Vocational Training

Many indigent youths in Ibeju-Lekki area of Lagos State are now counting their fortunes and reaping the benefits from the first batch of the...

Adesina Sworn in as AFDB President for Second Term

-         Pledges Capacity Building to Boost AfCFTA The recently re-elected president of the African Development Bank (AfDB), Mr Akinwunmi Adesina, has been sworn into office...

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