By Tokede Fidelity Bank Plc has once again demonstrated its resolve to promote and catalyze export businesses in Nigeria with the tenth stream of the Export Management Program (EMP) scheduled to hold at the Lagos Business School (LBS) from June…
By Kayode Tokede with News Agency The Federal Government has commenced dialogue with the World Bank to secure a $75 million loan to provide water in communities nationwide. The Minister of Water Resources, Mr Suleiman Adamu, made the disclosure at…
By Kayode Tokede Africa’s underinvested youths are in need of urgent attention and youth entrepreneurship investment banks must become the focus of global support, the African Development Bank, (AfDB) head, Dr. Akinwumi Adesina said in a discussion on scaling up…
By Kayode Tokede Naira at the Investors & Exporters Foreign Exchange ( I & F FX) window on Wednesday appreciated by 0.21 per cent to close at N411.63 against the Dollar. According to FMDQ, foreign exchange turnover by investors &…
By Kayode Tokede Access Bank Plc has completed the acquisition of African Banking Corporation in Mozambique, backed by a London Stock Exchange-listed group, Atlas Mara Limited. This is the bank’s fifth acquisition in four years. In 2018, the lender acquired…
After gaining slightly on the first trading of the week, the Naira on Tuesday relapsed against the US Dollar to cat the Investors & Exporters window of the foreign exchange market on Tuesday, The Nigerian currency, which opened for trading…
By Kayode Tokede The African Export-Import Bank (Afreximbank) has successfully closed a $1.3 billion dual tenor bond issuance, its largest-ever transaction in the international debt capital markets. The bank announced this in a statement in Cairo, Egypt on Tuesday. It…
WorldRemit, a leading global cross-border payments company, will continue to reward customers who receive international money transfers through partner banks in Nigeria. As one of the fully-registered and licenced International Money Transfer Operators (IMTO) operating in Nigeria, money transfers made…
By Kayode Tokede The Monetary Policy Meeting (MPC) of Central Bank of Nigeria (CBN) is expected to hold on next week Monday and Tuesday. The first meeting was held January 25-26 while the second held March (22-23). The third MPC…
By Kayode Tokede Naira at Investors & Exporters Foreign Exchange (I & EFX) window appreciated by 0.04 per cent to close at $411.50 against the Dollar on Monday. The local currency at the specialized window lost by 0.17per cent and…
