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The post Nigeria repays $500million Eurobond debt appeared first on Kemi Filani. The Debt Management Office (DMO) has saud that on July 12, 2023, Nigeria redeemed a $500million Eurobond on its due date. In a statement on...
The post Again, Dangote ranked as Africa’s richest man by Forbes appeared first on Kemi Filani. The President of the Dangote Group, Aliko Dangote, has again been named Africa’s richest man in Africa, according to Forbes. This...
The post PoS agents in Lagos to charge N500 for N10,000 cash withdrawal appeared first on Kemi Filani. Point of Sale (PoS) agents in Lagos State are planning to charge N500 per N10,000 cash withdrawals. This follows...
The post Tinubu considers extending validity of old naira notes till December 2024 appeared first on Kemi Filani. President Bola Tinubu’s policy advisory council has advised the federal government to extend the validity of old naira notes...
The post BREAKING: CBN directs banks to trade Forex freely appeared first on Kemi Filani. The Central Bank of Nigeria (CBN) has given permission to commercial banks to freely trade at any rate in Foreign exchange market....
The post Pepsodent targets 2 million children for promotion of oral health education appeared first on Kemi Filani. The leading global toothpaste brand, in collaboration with Nigeria Dental Association, NDA, and FDA, has kicked off its school...
The post Revamp your home in TECNO’s mid-year sales appeared first on Kemi Filani. Get ready for an unforgettable month in June as TECNO is having the Mid-Year Sales Promo. You will have the opportunity to immerse...
The post CBN clears air on purported plan to phase out redesigned Naira notes appeared first on Kemi Filani. The Central Bank of Nigeria (CBN) has denied that it is planning to withdraw the recently redesigned naira...
The post Food price inflation remains high globally – World Bank appeared first on Kemi Filani. The World Bank says inflation in food prices remains high globally. It made the declaration in its latest Food Security Update...
The post Equities market gains N137bn on capitalized stocks appeared first on Kemi Filani. Equities market opened the week on Tuesday on a green note with a gain of N137 billion. Market capitalisation gained N137 billion to...
The post Otedola announces aquisition of 5.52% in Transcorp appeared first on Kemi Filani. The chairman of Geregu Power, Femi Otedola, has announced the acquisition of a 5.52% stake in Transcorp Plc. The development makes Otedola the...
The post Chinese Yuan weakens to 6.8835 against dollar appeared first on Kemi Filani. The central parity rate of the Chinese currency renminbi, or the yuan, weakened 83 pips to 6.8835 against the dollar on Monday, according...
The post Shell denies breach of Nigerian Content Law at its EA fields in Bayelsa appeared first on Kemi Filani. The Shell Petroleum Development Company of Nigeria (SPDC) on Wednesday denied claims that it was in violation...
The post Trading activities on NGX close flat appeared first on Kemi Filani. Trading activities on the Nigerian Exchange Ltd. (NGX) on Wednesday closed flat as the benchmark index settled at 51,953.41 points from 51,952.99 recorded on...
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has admitted they could adjust the recently-introduced cash withdrawal policy. Emefiele also argued that the policy is not intended to make life difficult for Nigerians but...
The Central Bank of Nigeria (CBN) on Tuesday, introduced a new policy that mandates deposit money banks and other financial institutions reduce over-the-counter cash withdrawals to N100,000 and N500,000 for individuals and corporate entities respectively, per week....
The Central Bank of Nigeria (CBN) has revealed its plans to reduce the volume of N500 and N1000 notes in circulation to tame inflation. The governor of CBN, Godwin Emefiele, stated this on Tuesday while fielding questions...
President Muhammadu Buhari has said the new Naira notes will be difficult to counterfeit. Buhari also insisted the Naira notes are long overdue for a change as the current tender has been in circulation for nearly 20...
President Muhammadu Buhari on Wednesday, unveiled the newly redesigned Naira notes. The event took place before the Federal Executive Council (FEC) meeting at the state house, Abuja. The new notes presented to the public are the 1000,...
President Muhammadu Buhari will unveil the newly redesigned Naira notes on Wednesday, November 23, 2022. This is according to the Central Bank of Nigeria (CBN). CBN governor, Godwin Emefiele, revealed this on Tuesday while fielding questions from...
The chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, has claimed the dollar may crash to N200 after the redesign of naira notes. Bawa stated this in an interview with the Hausa service of...
On Wednesday, the local stock market recovered 0.04 percent due to renewed buying interest in banking stocks such as Unity Bank, Zenith Bank, GTCO, and others. Furthermore, bargain-hunting in industrial goods shares such as Dangote Cement contributed...
The Central Bank of Nigeria (CBN) has confirmed plans to redesign the N200, N500, and N1,000 notes. CBN Governor, Godwin Emefiele, revealed this during a special press briefing in Abuja. The new design and issues will be...
Meta restored WhatsApp services after almost two hours of outage on Tuesday. The social media app had reportedly crashed a couple of times in the past. “We know people had trouble sending messages on WhatsApp today,” Meta’s...
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