The exchange rate between the naira and the US dollar closed at N416/$1 at the official Investors and Exporters (I&E) window. The exchange rate at the I&E window recorded a 0.16% gain to close at N416/$1 on Tuesday, 22nd February…
Wema Bank trains and employs Over 60 young Nigerians in technology to create innovative solutions. This is yet another demonstration of its unalloyed support for the growth and advancement of the careers of Nigeria’s teeming youths, leading innovative financial institution,…
Some experts on Tuesday said the Central Bank of Nigeria (CBN) must take proactive steps to make its RT200 FX programme achieve the desired results. The experts made the suggestions in separate interviews in Lagos. Akpan Ekpo, a professor of…
By Seun Ibiyemi Nigeria’s foreign trade balance leapfrogged to a surplus of $1.1 billion in Q4 2021, as export value surpassed import bill for the first time since Q3 2019, representing 8 consecutive quarters of negative trade balance. This is…
The exchange rate between the naira and the US dollar closed at N416.75/$1 at the official Investors and Exporters (I&E) window, falling lower compared to N416.67/$1 recorded in the previous trading session. The exchange rate depreciated further by 0.02% to…
Ecobank Nigeria has extended easy and low interest loans to market women in Idanre, Ondo State through its Ecobank Female Entrepreneurship Initiative (EFEI), to boost and expand their trading businesses. Unveiling the scheme at Owa’s Palace, Idanre, Head of Classic…
Polaris Bank Limited has reiterated its commitment towards improving the standard of education in Nigeria through its Corporate Social Responsibility interventions. The Bank made the commitment in Ilorin, Kwara State capital at the presentation of a cheque of N5million to…
First Bank of Nigeria (FBN) says it is determined to support Nigerian musical talents to advance the growth of the entertainment industry. Ms Folake Ani-Mumuney, Group Head, Marketing and Corporate Communications, FBN, said this at the inauguration of “The Voice…
…As investors lost N30 billion The Nigerian Stock market recorded its second weekly loss in the year, as the All-Share Index declined by 0.13% in the week ended 18th February 2022 to close at 47,202.3 points, following the 0.16% decline…
Nigeria’s FGN bond issuance for the month of February 2022 by the Debt Management Office (DMO) recorded an oversubscription of N407.7 billion over the intended N150 billion offered by the DMO. This is according to the February 2022 FGN Bond…
