businesspost5d
Customs Street Slumps by 0.57% on Renewed Selling Pressure
The Nigerian Exchange (NGX) Limited closed lower by 0.57 per cent on Wednesday after spending a day in the green territory in the preceding trading session. The profit-taking brought down the ...
businesspost5d
Africhange’s Currenzo Gets IMTO Licence from CBN for Remittances
With Nigeria being one of the hotspots for remittances, many businesses are pivoting to serve this need with Africhange, a leading cross-border remittance service provider, joining the fray. Nigeria ...
businesspost5d
Nigeria Suffers Power Outage as National Grid Collapses Again
The nation has again been thrown into another blackout after the national grid collapsed for the 10th time in 2024 on Thursday, November 7. Some energy distribution companies (DisCos) in the country ...
businesspost5d
Naira Weakens to N1,681/$1 on Low Forex Supply
The Naira weakened against the United States Dollar by N10.33 or 0.61 per cent to N1,681/$1 in the official market, the Nigerian Autonomous Foreign Exchange Market (NAFEX), on Wednesday, November 6, ...
businesspost5d
FBN Holdings Leverages NGX Invest for N150bn Rights Issue
The N150 billion rights issue of FBN Holdings Plc has been made accessible for the investing public on the NGX Invest digital platform of the Nigerian Exchange (NGX) Group Plc. Speaking at the Facts ...
businesspost6d
Zenith Bank Appreciates Customers’ Patience During Infrastructure Upgrade
Customers of Zenith Bank Plc have been praised for their patience during the upgrade of their company’s banking technology infrastructure, which caused a slight service disruption. Some weeks ago, ...
businesspost6d
World Bank Support Nigeria’s Food Nutrition Challenges With $50m
The World Bank has approved $50 million to support Nigeria’s food nutrition challenges earmarked under the Accelerating Nutrition Results in Nigeria (ANRiN) project 2.0 programme which is a crisis ...
businesspost5d
Unlisted Stocks Gain N2.25bn at Midweek
The NASD Over-the-Counter (OTC) Securities Exchange closed the midweek session with a 0.22 per cent growth, with the market capitalisation adding N2.25 billion to settle at N1.044 trillion compared ...
businesspost6d
FG Plans Mass Insurance Cover for Nigerians
The federal government is planning an initiative to provide financial protection for millions of Nigerians currently without insurance coverage. The initiative, which marks the first major ...
businesspost5d
Why We Can’t Overcome Crude Oil Theft, Others—NSCDC
The Nigeria Security and Civil Defence Corps (NSCDC) has explained why it has been difficult for the agency to effectively safeguard critical national assets and infrastructure across the country.
businesspost6d
Stanbic IBTC Capital Registers RMB Nigeria’s N40bn Programme
One of the leading players in the Nigerian capital market, Stanbic IBTC Capital Limited, has successfully registered the N40 billion multi-instrument issuance programme of RMB Nigeria. The lender is ...
businesspost6d
Bayo Olujobi Becomes Moniepoint MFB’s Chief Financial Officer
Africa’s fastest-growing financial institution, Moniepoint Microfinance Bank, according to Financial Times, has appointed Mr Bayo Olujobi as its Chief Financial Officer (CFO). He was drafted to the ...