Four Nigerian Startups, 21 Others Jostle For AfDB’s $140,000 Grants
Four Nigerian startups and 21 others have been selected to compete for the African Development Bank AgriPitch grant, OduNews reports.
Banks Can Dispense Any Denomination At ATMs – CBN
The Central Bank of Nigeria says banks are at liberty to determine the denomination in the Automated Teller Machines (ATMs), OduNews reports.
Port Harcourt Refinery To Begin Operation By March 2023 – FG
[ODUNEWS] January 10, 2023 – The Federal government has disclosed that the Port Harcourt Refinery will commence operations before the...
Airtel Africa, Others Push Stock Market Up By 0.92%
The Nigerian Exchange (NGX) Limited closed on a positive note on Monday as buying interest in Airtel Africa and others led to a 0.92% gain.
Agritech Startup, Releaf, Raises $3.3m To Boost Food Processing
Nigerian agritech startup, Releaf, has completed its $3.3 million pre-Series A to boost food processing through technology, OduNews reports.
Cash Withdrawal Limit Policy Begins Today
The Cash withdrawal limit policy of the Central Bank of Nigeria has commenced across the nation today, Monday 9th January 2022.
Turning Your Side Hustle Into A Successful Business In Today’s World
A side hustle can be a great way to bring in extra income and pursue your passions outside of your...
SERAP Calls for Reversal of Electricity Tariff Increase, Cites Millions Living in Darkness
The organization SERAP wrote in a letter dated January 7, 2023 and signed by its deputy director Kolawole Oluwadare that...
New Naira Notes: CBN Insists On January 31 Deadline
The Central Bank of Nigeria says it will not extend the January 31st deadline for depositing the old naira note, OduNews reports.
Nigeria Ranks 10th In Countries Most Interested In Stock Market
A financial service provider in the United Kingdom has ranked Nigeria tenth among countries most interested in the stock market.
Customs Street Records First Loss In 2023 As Investors Shed N430bn
The Nigerian Exchange (NGX) Limited recorded its first loss in 2023 with investors shedding N430 billion, OduNews reports.
CBN Makes U-turn On Crypto Ban, Plans Regulatory Policy For Usage
CBN appears to have reversed its ban on cryptocurrencies in the country as it disclosed plans to set up a regulatory framework for its use.
CBN Clears Air On Sale Of Polaris Bank
The Central Bank of Nigeria says no law was broken in the sale of Polaris Bank as against reports making rounds.
FG Expends $548.67m On Railway Debt Servicing
The Nigerian government says it expended $548.67 million to pay for railway-related debt between 2016 and 2022, OduNews reports.
Naira Falls To N750 At P2P, N737 At Black Market
The value of the naira against the dollar went down to N750 in the peer-to-peer market segment and N737 in the black market, OduNews reports.
Local Stock Market Gains N5.6trn As Market Capitalisation Hits N28trn In 2022
The Nigerian Exchange Limited market capitalisation rose to N28 trillion in 2022, recording a N5.6 trillion during the year, OduNews reports.
Bulls Take Charge Of NGX As Investors Gain N188bn
The Nigerian Exchange (NGX) Limited closed on a positive note on the first day of trading in 2023 as investors raked in N188 billion, OduNews reports.
NBC kicks off recycling initiative in Lagos
Nigerian Bottling Company (NBC) Limited, said it has begun collaborating with 1004 housing estate, an area in Victoria Island, Lagos,...
CBN orders PSBs to begin rural banking services
The CBN has mandated that Payment Service Banks (PSBs) serve underserved populations by focusing on rural and unbanked areas. Having...
Tambuwal says Atiku will reopen Nigeria’s borders
Sokoto State Governor Aminu Tambuwal said on Saturday that Peoples Democratic Party presidential candidate Alhaji Atiku Abubakar would reopen the...