Category Archives: Money

CBN may increase items on forex restriction list to 50

CBN may increase items on forex restriction list to 50

The Central Bank of Nigeria may increase the items on the foreign exchange restriction list from 42 to 50 in order to boost local production

Writing application letter for a personal loan

Writing application letter for a personal loan

Some lenders require their prospective borrower to write an application letter, usually to determine the character of the applicant. Before filing this document in your

What to look for from a balance transfer credit card

What to look for from a balance transfer credit card

If like many people you are struggling with credit card debt, one solution is to apply for a balance transfer credit card. This allows you

Naira closes at N363.05 at Investors’ window

Naira closes at N363.05 at Investors’ window

The Naira on Wednesday, sold at N363.05 to the dollar at the inventors’ window. Market turnover stood at 333.37 million dollars. At the parallel market,

Pound stands firm after May loss, London stocks edge up

Pound stands firm after May loss, London stocks edge up

The pound held its ground Wednesday and London’s FTSE opened higher after the record defeat of British Prime Minister Theresa May’s Brexit plan, as investors

Victoria Beckham splashes £1, 200 on moisturizer made from blood

Victoria Beckham splashes £1, 200 on moisturizer made from blood

Victoria Beckham, the wife of football star, David Beckham, has spent about (£1,200) or ($1, 542) on skin moisturizer made from her blood. Beckham was

Nigeria targets sub-100 on World Bank doing business ranking

Nigeria targets sub-100 on World Bank

The Federal Government has expressed optimism to double its target this year by moving Nigeria’s ranking to sub-100 in the 2020 World Bank Doing Business

Banks to lose 18-month interest on marketers’ subsidy debts

Banks to lose 18-month interest on marketers’ subsidy debts

The Central Bank of Nigeria has asked Deposit Money Banks to forgo the interest charged on petrol subsidy-induced loans advanced to oil marketers from June

A/Ibom gov promises to pay N30,000 new minimum wage

AkIbom gov promises to pay N30000 new minimum wage

Gov. Udom Emmanuel of Akwa Ibom on Monday promised to pay N30,000 new minimum wage to workers in the state. Emmanuel gave the assurance during

2019 budget proposal as proverbial ‘wait and see’

2019 budget proposal as proverbial ‘wait and see’

One of the major issues fuelling Nigeria’s development challenges has been identified as its budget, manifested in the processes, quality and the will to implement

Cheque transactions fall 5% as BVN-linked accounts hit 36m

Cheque transactions

•PoS deals rise by 39.2% Transactions carried out through cheques fell by 5.02 per cent in 2018, against 2017 levels, indicating that more customers are

Edo govt trains entrepreneurs on how to access $5,000 Elumelu grant

Edo govt trains entrepreneurs

Young entrepreneurs in Edo State have been trained on how to access the $5000 grant provided by the Tony Elumelu Foundation. The entrepreneurs were trained

NLC distances self from Federal Govt’s Advisory Committee

NLC distances self from Federal Govt’s Advisory Committee

Minimum wage: NLC distances self from Federal Govt’s Advisory Committee The Nigeria Labour Congress (NLC) has distanced itself from the Federal Government’s Advisory Committee saying

Access Bank’s share price drops by 32%

Access Bank’s share price drops by 32%

The share price of Access Bank Plc has declined by 32.52 per cent since the bank confirmed its plans to merge with Diamond Bank Plc.