Business and Economy

Naira maintains rate against Dollar, slips against Pound

Naira depreciates against Pound stays unchanged against Dollar, Euro

Naira maintains rate against Dollar, slips against Pound
Senate, by Buhari's order, approves N348bn subsidy payment to oil marketers

Senate, by Buhari's order, approves N348bn subsidy payment to oil marketers

President Muhammadu Buhari has ordered the Senate to finally approve the payment of all outstanding subsidy claims totalling N348bn to oil marketing companies. The approval by the upper chamber came on Wednesday, July 18.

Senate, by Buhari's order, approves N348bn subsidy payment to oil marketers
Naira maintains N360 rate against Dollar at parallel market

Naira retains strength against Dollar, Pound slips against Euro

The Nigerian Naira on Monday, July 16, retained its rate at the parallel market against Dollar and slipped against Euro. The Nigerian currency trades at N360, N480 and N420 against the Dollar, Pound Sterling and Euro respectively

Naira retains strength against Dollar, Pound slips against Euro
Shoprite and partners combat waste in Nigeria

Shoprite and partners combat waste in Nigeria

Since 2005, Shoprite has opened stores in Surulere, Apapa, Ikeja, Maryland, Sangotedo, Ibeju-Lekki and Festac in Lagos; and other stores in Enugu, Ilorin, Ibadan, Kano, Akure, Abuja, Delta, Imo, Abia and Ogun state.

Shoprite and partners combat waste in Nigeria
Ethiopian Airlines, FG to rap up plans towards giving Nigeria a new national carrier

Ethiopian Airlines, FG to rap up plans towards giving Nigeria a new national carrier

Africa’s largest airline, Ethiopian Airlines Enterprise, in conjunction with Qatar Air on Tuesday, July 17, said that it is making plans with the federal government of Nigeria to give the country a new national carrier.

Ethiopian Airlines, FG to rap up plans towards giving Nigeria a new national carrier
Be in a class of your own with a Zenith Bank Premium Account

Be in a class of your own with a Zenith Bank Premium Account

Aside competitive interest payments on their balances, Gold and Platinum account holders enjoy a lot of other perks such as Zero account maintenance charges if number of withdrawals within the month is less than 5 times.

Be in a class of your own with a Zenith Bank Premium Account
Naira appreciates against top foreign currencies at parallel market

Naira appreciates against top foreign currencies at parallel market

The Nigerian Naira has appreciated at the parallel exchange market sector after its steady appreciation was halted. The local currency trades at N360, N480 and N418 against the Dollar, Pound Sterling and Euro respectively.

Naira appreciates against top foreign currencies at parallel market
Former president of Mauritius to arrive Nigeria July 18 for Murtala Muhammed Foundation Women Forum

Former president of Mauritius to arrive Nigeria July 18 for Murtala Muhammed Foundation Women Forum

The MMF Chief Executive Officer (CEO), Aisha Muhammed-Oyebode in a release hinted that the visiting former president will meet a cross section of generational audience of women leaders and influencers from all walks of life.

Former president of Mauritius to arrive Nigeria July 18 for Murtala Muhammed Foundation Women Forum
Newly commissioned Abuja light rail project was abandoned by past administration - Osinbajo

Newly commissioned Abuja light rail project was abandoned by past administration - Osinbajo

The vice president, Yemi Osinbajo, while speaking at the presidential quartely business forum said the Peoples Democratic Party (PDP) abandoned the light rail project which was inaugurated by President Muhammadu Buhari.

Newly commissioned Abuja light rail project was abandoned by past administration - Osinbajo
Opinion: Hadi Sirika and the return of Nigeria Airways by Reuben Abati

Opinion: Hadi Sirika and the return of Nigeria Airways by Reuben Abati

The Federal Government, through the Assets Management Company of Nigeria (AMCON) is already in possession of three airlines that are indebted to AMCON: Arik Air, Aero and whatever is left of Virgin Nigeria or Air Nigeria.

Opinion: Hadi Sirika and the return of Nigeria Airways by Reuben Abati
Naira maintains rate against Dollar, slips against Pound and Euro

Naira depreciates against Pound, Euro stays unchanged against Dollar

The Nigerian Naira on Monday, retained its rate at the parallel market against Dollar, and slipped against Pound and Euro. The local currency closed at N361 to a Dollar, N420 to Euro while the Pound traded at N481 respectively.

Naira depreciates against Pound, Euro stays unchanged against Dollar
Gabriel Volpi ordered to pay $360m to Ansbury Investments Inc

Gabriel Volpi ordered to pay $360m to Ansbury Investments Inc

The dispute between Gabrielle Volpi and the principals of Oando has been ongoing for over a year and has been a cause of concern for companies and individuals alike who are looking for investments to grow their business.

Gabriel Volpi ordered to pay $360m to Ansbury Investments Inc
How NAIJ.com’s technology has improved over the past 1 year

How NAIJ.com’s technology has improved over the past 1 year

Today, NAIJ.com Media Ltd. remains the operator of Nigeria’s most visited online news website, according to Alexa and we will like to share some insights on how much we have grown in the past one year using actual data.

How NAIJ.com’s technology has improved over the past 1 year
Join the biggest sales party as Jumia Nigeria turns 6

Join the biggest sales party as Jumia Nigeria turns 6

For the Salebrate campaign, Jumia is giving exclusive access to special deals to customers who visit www.jumia.com.ng/anniversary and those who download the Jumia Mobile App. What are you waiting for? Join the salebration!

Join the biggest sales party as Jumia Nigeria turns 6
Glo flies 4 new promo winners to Russia

Glo flies 4 new promo winners to Russia

Globacom congratulated all the winners of the GO RUSSIA promo and advised them to be good ambassadors of Nigeria in Russia, conduct themselves well and portray the country in good light all through their stay there.

Glo flies 4 new promo winners to Russia
There’s still time to be part of Africa’s biggest cleanup

There’s still time to be part of Africa’s biggest cleanup

Shoprite's large following of loyal customers can be attributed to its ability to offer the widest range of products and the highest standards of freshness and quality whilst always maintaining the lowest prices across Africa.

There’s still time to be part of Africa’s biggest cleanup
Workers salary may be delayed nationwide as FAAC suspends meetings indefinitely over under-remittance by NNPC

Workers salary may be delayed nationwide as FAAC suspends meetings indefinitely over under-remittance by NNPC

Chairman of commissioners of finance, Mahmood Yunusa on Thursday, July 12, said the Federation Accounts Allocation Committee has agreed to suspend meetings indefinitely until an effective revenue collection process is implemented.

Workers salary may be delayed nationwide as FAAC suspends meetings indefinitely over under-remittance by NNPC
Osinbajo to present car, cash rewards to business owners as FG extends nomination period for MSMEs awards

Osinbajo to present car, cash rewards to business owners as FG extends nomination period for MSMEs awards

Mr Terlumun Ikya, project coordinator, National MSMEs Clinics, informed that the selection committee whose members would remain undisclosed, will begin the final phase of selection after the nomination period ends.

Osinbajo to present car, cash rewards to business owners as FG extends nomination period for MSMEs awards
Naira retains strength against Dollar, Pound and Euro

Naira retains strength against Dollar, Pound and Euro

The Naira on Thursday, July 12, retained its rate at the parallel market against Dollar, the local currency maintained the same rates of N361 against Dollar, N480 to £1 and N419 against Euro as it was on Wednesday, July 11.

Naira retains strength against Dollar, Pound and Euro
Sports journalist Bolarinwa Olajide (@iambolar) emerges winner of the #FlyLufthansaToRussia contest

Sports journalist Bolarinwa Olajide (@iambolar) emerges winner of the #FlyLufthansaToRussia contest

According to Bolarinwa, “Flying with Lufthansa was beyond what I expected the experience will be. I had a wonderful experience and still processing the excitement in my head. I must also say that I enjoyed using Lufthansa Flynet.

Sports journalist Bolarinwa Olajide (@iambolar) emerges winner of the #FlyLufthansaToRussia contest
SPAR Nigeria wins outstanding retail brand of the year award

SPAR Nigeria wins outstanding retail brand of the year award

SPAR Nigeria has grown from one retail store to 12 major outlets nationwide. The store specializes in a wide spread of products, ranging from Grocery, Bakery, Butchery, Fruits & Vegetables, Hot Meals, Wine & Spirits and more.

SPAR Nigeria wins outstanding retail brand of the year award
Naira stays strong against Dollar, slips against Euro at parallel market

Naira stays strong against Dollar, slips against Euro at parallel market

The Nigerian Naira on Wednesday, July 11, retained its appreciated rate at the parallel market against Dollar. The local currency closed at N361 to a Dollar, N418 to Euro while the Pound traded at N480 respectively.

Naira stays strong against Dollar, slips against Euro at parallel market
How redeployment of policemen to Ekiti state forced commercial banks in Ondo to close operations

How redeployment of policemen to Ekiti state forced commercial banks in Ondo to close operations

The commercial banks reportedly took the measure as the withdrawal of policemen from Akoko area in 2015 led to bank robbery in Ikare-Akoko in Akoko Northeast local government where policemen at the station were killed.

How redeployment of policemen to Ekiti state forced commercial banks in Ondo to close operations
NAIJ.com
Mailfire view pixel