Category Archives: Money
Pound in doldrums at start of hectic Brexit week
The British pound sank Monday to a near three-week low under $1.30, as traders fretted over Brexit on the eve of another critical parliamentary vote
Whoever wins Nigeria’s 2019 presidential elections will have to face the following economic realities
Business Insider SSA by Pulse looks at various economic data that the next the government will form majority of policies around. Nigerians go to the
Prices of diesel, kerosene rise in January – NBS
The National Bureau of Statistics (NBS), said the average prices paid by consumers for kerosene and diesel increased in January 2019. The price of kerosene
Africa’s largest economy is returning back to flourishing days as Nigeria’s GDP stands at 1.93%
Africa’s largest economy is returning back to flourishing days as Nigeria’s GDP stands at 1.93% Africa’s largest economy is returning back to shape as GDP
Ecobank deepens financial inclusion, Launches EcobankPay Zone AT Alaba
The Managing Director, Ecobank Nigeria, Patrick Akinwuntan, has launched EcobankPay zone at Alaba International Market, Lagos, and expressed the bank’s commitment to continue innovating more
Naira maintains stability against dollar
The Naira on Monday maintained stability against the dollar at the parallel market in Lagos, exchanging at N358 to the dollar. The Pound Sterling and
How Africa’s populous nation plans to generate $30 billion from Made in Nigeria
Parties to the agreement include African Export-Import Bank, Africa Finance Corp., the African Development Bank, Bank of Industry and Nigerian Sovereign Investment Authority. President Muhammadu
Teaching grown up children about money
Conversations with our children about money don’t stop when they are grown up. This guide tells you more about how to handle conversations if you
I want Africans to experience true e-Commerce – Mall for Africa
Chris Folayan is the CEO of Mall for Africa. In this interactive session at the World Retail Insight held in United Kingdom (U.K), he spoke
NCC, CBN, police move to fight e-fraud
The Federal Government is to develop a roadmap that would be used to curb the menace of financial fraud using telecoms/electronic platforms. Also, the Nigerian
Naira stable at N360.5 to dollar at parallel market
The Naira on Thursday traded flat at N360.5 to the dollar at the parallel market in Lagos. The Pound Sterling and the Euro closed at
CBN recorded $40.9bn forex inflow in nine months
Between January and September last year, a total foreign exchange inflow of $40.93bn was recorded by the Central Bank of Nigeria. The inflow of $40.93bn,
CBN injects $210m into inter-bank market
In continuation of its periodic intervention in the foreign exchange market, the Central Bank of Nigeria, on Tuesday, injected another sum of $210m into the
Investors lose N31b amid heightening political tension
Analysts predict gloomy market ahead of 2019 polls Fears that the heightening political uncertainties may trigger a pull back in the equity market to halt the
Naira Exchange Rates