Business Archives - Page 49 of 50

President Muhammadu Buhari has unveiled the newly Re-designed Naira Notes

NewsDeskNgNov 23, 2022November 23, 20220

The Naira notes launched by the President are the One thousand note, five hundred note and the 200 note. This is the first time in 19 years , Nigeria will be redesigning it’s currency notes

Experts task CBN on flexible exchange rate

NewsDeskNgNov 22, 2022November 22, 20220

Financial experts have urged the Central Bank of Nigeria (CBN) to adopt a flexible foreign exchange rate regime and address the food insecurity triggering inflationary rate in the country. They said this in separate interviews with the News Agency of Nigeria (NAN) on Tuesday in Lagos. Dr Muda Yusuf, the...

Naira gains by 0.02% at Investors, Exporters window

NewsDeskNgNov 19, 2022November 19, 20220

The naira on Friday appreciated against the dollar at the Investors and Exporters window, exchanging at 445.67. The figure represents an increase of 0.02 per cent compared with N445.75 to the dollar on Thursday. The open indicative rate closed at N444.42 to the dollar on Friday. An exchange rate of...

Poverty report will be used for resource allocation- FG

NewsDeskNgNov 18, 2022November 18, 20220

The Federal Government says results of the Nigeria’s Multidimensional Poverty Index (MPI) report will be used as a policy tool for targeted resource allocation. Prince Clem Agba, Minister of State for Budget and National Planning, said this on Thursday at the inauguration of the 2022 MPI Report in Abuja, organised...

Debt sustainability: we deploy tools, strategies on borrowing, says DMO

NewsDeskNgNov 18, 2022November 18, 20220

The Debt Management Office (DMO), says it deploys certain economic tools and strategies in contracting loans for the Federal Government to ensure debt sustainability. The Director-General of DMO, Patience Oniha said this in an interview with the News Agency of Nigeria (NAN) on Friday in Abuja. Oniha spoke against the...

Tackling unemployment: LP guber candidate advocates financial education among youths

NewsDeskNgNov 18, 2022November 18, 20220

Chief Edward Nkwegu, Ebonyi governorship candidate of the Labour Party (LP) in the 2023 general elections, has advocated financial education among Nigerian youths to rescue them from poverty. Nkwegu, an industrialist, stated this on Thursday at Nwofe Community in Izzi Local Government Area of Ebonyi at the 18th anniversary of...

COP27: Spain, Switzerland announce €10m to AfDB’s urban, municipal devt fund

NewsDeskNgNov 18, 2022November 18, 20220

The Swiss Confederation and Spain, have announced additional financial support of 10 million Euros to African countries and cities affected by the negative effects of climate change. In a statement issued by the Communication and External Relations Department of the AfDB, the announcement was made at the ongoing 27th United...

CTA demands end to injustices against host committees by mining companies in Abuja

NewsDeskNgNov 18, 2022November 18, 20220

-says communities are shortchanged by mining companies in CBA By Michael Paul Centre for Transparency Advocacy (CTA) has called for strong regulation of mining activities in the Federal Capital Territory (FCT), in order to address the injustices against Original Inhabitants of Abuja by mining companies. The CTA said such injustices...

Comparing Citigroup To Wells Fargo: Financial Ratio Analysis

NewsDeskNgJan 29, 20170

Far far away, behind the word mountains, far from the countries Vokalia and Consonantia, there live the blind texts. Separated they live in Bookmarksgrove right at the coast of the Semantics, a large language ocean. A small river named Duden flows by their place and supplies it with the necessary...

Financial Gravity Hosts AI Design Challenge For Tax Planning Software

NewsDeskNgJan 29, 20170

Far far away, behind the word mountains, far from the countries Vokalia and Consonantia, there live the blind texts. Separated they live in Bookmarksgrove right at the coast of the Semantics, a large language ocean. A small river named Duden flows by their place and supplies it with the necessary...