A global peer-to-peer finance platform, Paxful, has restated its commitment to promoting financial literacy among Nigerian youth as part of its efforts to drive economic growth in the country. Paxful founder and CEO, Ray Youssef, disclosed this at the 2022…
The exchange rate between the naira and the U.S. dollar moderated at the black market to N800/$1 yesterday representing a 6.43 per cent appreciation when compared to the N855/$1 recorded in the previous trading session. Meanwhile, the exchange rate still varies…
The new Chairman of the Chartered Institute of Taxation of Nigeria, Lagos District, Zaynab Abdulkareem, has called for the need to reinvigorate tax paying culture in Nigeria. She made this known during her investiture as the 18th District Chairman held…
The Managing Director of Nigeria Deposit Insurance Corporation (NDIC), Mr Bello Hassan, has asked depositors, creditors and shareholders of 20 liquidated banks to avail themselves of its verification platforms to claim their funds. Hassan, who made the call at the…
Mr Tayo Ogundare, the Managing Director and Chief Executive Officer, Skynet Worldwide Express, says its Ekiti office will boost e-commerce and provide employment opportunities for the residents. Ogundare stated this at the Inauguration of the Ekiti branch of the company…
The Debt Management Office (DMO) has announced issuance of two Federal Government of Nigeria (FGN) Savings Bonds for subscription at N1,000 per unit. According to a statement by the DMO via its website on Monday, the first offer is a…
The Fiscal Responsibility Commission (FRC) has said it will create economic sustainability through creating awareness in four geopolitical zones in the country. This is contained in a statement issued by Mr Bede Anyanwu, Head, Strategic Communications Directorate, FRC, on Sunday.…
The Association of Licensed Mobile Payment Operators (ALMPO) has elected new Executive Committee members (ExCo) for the tenure period of 2022–2024. The association made this announcement during its 2022 Annual General Meeting held online and attended by members and Trustees…
The Naira has continued to depreciate at the official and parallel markets despite the increase in foreign exchange inflows into the economy in the second quarter of 2022. The latest quarterly statistical bulletin of the Central Bank of Nigeria (CBN)…
By Philemon Adedeji The Shareholders of Wemabod Limited have approved N63,200,000 million dividend payout translating to N24.29 per share. The approval was given at 48th Annual General Meeting (AGM), which took place in Lagos at the weekend. The outgoing Chairman…
