BUSINESS
Naira Appreciates To N1,518/$ In Parallel Market
The Naira yesterday appreciated N1,518 per dollar in the parallel market from N1,520 per dollar on Monday. However, Naira depreciated to N1,493.2 per dollar in the Nigerian Foreign Exchange Market (NFEM). Data published by the Central Bank of Nigeria, CBN, showed that the exchange rate for the naira rose to N1,493.2 per dollar from N1,491.4 per dollar on Monday, indicating N1.8...
ANAN Set To Establish Polytechnic In Keffi
The Association of National Accountants of Nigeria, ANAN has concluded plans to establish a Polytechnic in Keffi, Nasarawa state as part of efforts to widen the platform for training of Accountants as well as making the profession more attractive. This is coming few months after the National Universities Commission, NUC granted the Association provisional licence for the establishment of ANAN...
Naira To Appreciate, Settle At N600/$1 In Coming Months, Says JP Morgan
According to JP Morgan, an American global financial services organization, the naira is likely to strengthen and trade at around N600 per dollar in the coming months. The estimate was provided by the financial institution in a statement issued on Thursday. The Central Bank of Nigeria announced on Wednesday the unification of all parts of the currency exchange (FX) market, indicating...
Post-COVID-19: Obi Suggests Measures For Lifting Nigerians Out Of Poverty
Vice-presidential candidate of the Peoples Democratic Party (PDP), Mr Peter Obi, has suggested what he described as a pathway to national economic recovery, capable of lifting millions of Nigerians out of poverty. Obi, who spoke on a live television programme monitored in Lagos, explained that conscious investment in education, health and MSMEs (Micro, Small and Medium Enterprises) were what every...
Enugu Govt Partners Presidency On Food Security
To guarantee food security in the state, Enugu State government has expressed readiness to partner with the Harvesting Hope Caravan, HHC, a flagship programme under the Presidential Food Systems Coordinating Unit, PFSCU, in the Office of the Vice President, alongside Pula Advisors, its donor partners and Leadway Insurance Company. This is even as Governor Peter Mbah’s administration insured no fewer...
Expose Govt Officials Making Business Difficult – Osinbajo
The Vice President, Prof. Yemi Osinbajo, on Monday, charged private sector players to call out government officials who were making it difficult for people to do business in Nigeria. He gave the charge at the inauguration of the Abuja Chamber of Commerce and Industry’s Trade and Convention Centre. He said the position of the government was to continue, on an incremental...
Emefiele’s Humiliation Despite Keeping Economy Afloat Unacceptable — Agbor Indigenes
A community-based organization, Concerned Citizens of Agbor Initiative also known as Concerned Agbor Citizens, CAC, has condemned in strong terms the suspension and arrest of Mr Godwin Emefiele, Governor of Central Bank of Nigeria, CBN. The group in a press release, signed by Mr Echi Obue and Mr Williams Eghebi, Chairman and Secretary respectively, said the Department of State Security,...
Tinubu, Soludo Meet To Discuss Democracy, Security, And Economic Reforms
President Bola Ahmed Tinubu says his meeting with Anambra State Governor, Prof. Charles Chukwuma Soludo, at the Presidential Villa, Abuja, centered on deepening democracy, strengthening security, and advancing ongoing economic reforms. In a statement on his official X handle on Wednesday, Tinubu described Soludo as “a friend of over two decades,” adding that both leaders share a vision for progressive...
DStv, GOtv Undergoing Upgrade, Not Hacked – MultiChoice
MultiChoice says claims circulating on social media that its entertainment platforms – DStv and GOtv- have been hacked was not true. A representative of the company who pleaded anonymity told The PUNCH (not ABN TV) on Sunday. It was gathered that the Pay-TV company was upgrading its system and had informed its subscribers via text messages last week. The company told its...
Let’s Be Patient With Tinubu, He Inherited “Almost Comatose” Administration — Abiodun
Governor Dapo Abiodun of Ogun State believes Nigerians should be patient with President Bola Tinubu’s government which, according to him, inherited an “almost comatose” administration. Tinubu came to power in May – taking over from Muhammadu Buhari of the same APC and quickly introduced economic reforms aimed at restoring public finances and attracting more foreign investment. His administration has ended...
