Equities Market Closes Bearish As Investors Lose N50.84bn
Investors at the Nigeria Exchange (NGX) Limited recorded a N50.84 billion loss on Tuesday, OduNews reports.
EFCC Raids BDC Operators As Naira Crashes To N857/$ At Parallel Market
EFCC arrested some Bureau de Change operators in Abuja and Kano states as the naira crashed to N857 per dollar at the parallel market.
China Harbour Completes Construction Of $1.5bn Lekki Deep Seaport
China Harbour Engineering Company (CHEC) has completed the construction of the $1.5 billion Lekki deep seaport.
CBN Awards Remita Payment Service Provider Of The Year
The Central Bank of Nigeria has awarded Remitta as the payment service of the year, OduNews reports.
Why I Approved CBN’s Naira Redesign Move – Buhari
President Muhammadu Buhari has given reasons why he approved the Central Bank of Nigeria's moves to redesign the naira.
Naira Crashes To N810 Per Dollar At Black Market
The Naira continued its free fall at the parallel market on Monday as it exchanged for N815 per dollar, OduNews reports.
Stanbic IBTC Gross Earnings Jump By 41% In 9 Months
Stanbic IBTC says it has grown its gross earnings by 41% in the first nine months of 2023.
Local Stock Market Falls By 1.09%
The Nigerian Exchange (NGX) Limited Market Capitalisation decreased by 1.09% last week despite an increase in trading volume.
Facebook Reverses Course, Zuckerberg To Testify In FTC Case Against VR Deal
The CEO of Meta Platforms, Mark Zuckerberg, will be testifying in a case by the Federal Trade Commission (FTC) that...
Kaduna Refinery: NNPC Ltd Signs MoU With South Korean Firm, Daewoo
NNPC Limited has signed a memorandum of understanding with Daewoo Group of South Korea for the rehabilitation of the Kaduna refinery.
European Investment Bank Invests €100m In MTN Nigeria To Aid High-Speed Network Expansion
MTN Nigeria is set to receive €100 from the European Investment Bank for high-speed network expansion in the country.
CBN Suspends Bank Charges On Deposits
The Central Bank of Nigeria has ordered banks to halt charges placed on funds deposits, OduNews reports.
FIRS Begins Collection Of Tax Directly From Online Gaming Operators
The Federal Inland Revenue Service says it has begun collecting taxes directly from operators of online gaming operators across the country.
Naira Trades N441/$ At I&E, N774/$ At P2P Market
The naira on Thursday traded at N441.67 per dollar at the Investors and Exporters window of the forex market and N774/$ at the peer-to-peer segment.
How Redesigning Naira Notes Will Help Fight Counterfeiting, Kidnapping – CBN
The Central Bank of Nigeria says its resolve to redesign some denominations of the naira notes will help combat counterfeiting and kidnapping.
Customs Street Investors Gain N39.02bn As ASI Grows By 0.16%
Trading activities at the Nigerian Exchange (NGX) Limited closed on a bearish note on Wednesday with investors raking in N39.02 billion.
Jumia Nigeria Wins HR Best Practice Award
Nigerian e-commerce platform, Jumi, has been declared winner of the Human Resources Best Practice in the e-commerce category.
JUST IN: CBN Introduces New N200, N500, N1000 Notes
The Central Bank of Nigeria has introduced redesigned N200, N500 and N1000 notes, OduNews reports.
Nigeria’s Natural Gas Consumption Hits 1.3m Tons
Nigeria's natural gas consumption has risen to 1.3 million tons in the past 14 years, OduNews reports.
Unlisted Securities Market Sheds N9.77bn
The NASD Over-the-Counter Securities Exchange closed in the red zone on Tuesday as investors recorded a N9.77 billion loss.