The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 23 pips to 7.1788 against the dollar on Friday, according to the China Foreign Exchange Trade System. In China’s spot foreign exchange market, the yuan is allowed to rise or fall by two per cent from theContinue Reading
By Rukayat Moisemhe Moniepoint Microfinance Bank has expanded its services into the personal banking segment to support Central Bank of Nigeria’s (CBN) goal of achieving 95 per cent financial inclusion by 2024. Acting Managing Director, Moniepoint MFB, Mr Babatunde Olofin, said this at a news conference on Monday in Lagos.Continue Reading
By Millicent Ifeanyichukwu No fewer than 130 pupils and students benefitted from the just-concluded Next Generation Financial Markets Empowerment organised by FMDQ Group Plc. in Lagos. The 2023 Summer Camp Programme held at the Exchange Place, FMDQ premises in Lagos. At the grand finale of event on Wednesday, Ms. KaodiContinue Reading
By Funmilayo Adeyemi The Federal Government says it is committed to attain the global best practice of nearly 20 per cent taxation on the final retail price on all Sugar Sweetened Beverages (SSBs). Dr Chukwuma Anyaike, Director, Head Public Health Department, Federal Ministry of Health disclosed this on Tuesday inContinue Reading
By Rukayat Moisemhe Business community stakeholders on Wednesday, urged entrepreneurs and exporters on the integration of e-commerce to fully exploit the Africa Continental Free Trade Area (AfCFTA) 3.4 trillion dollars market. They spoke at a masterclass workshop and exporters on-boarding in Lagos with the theme: “Operationalising the AfCFTA Agreement forContinue Reading
By Rukayat Moisemhe Marble Capital Ltd., frontline Ethical and Islamic Fund Manager, is offering a N500 million Marble Halal Fixed Income Fund (MHFIF) an investment opportunity for risk-averse investors. Dr Akeem Oyewale, Marble Capital’s Managing Director, via a statement on Wednesday in Lagos, said the investment opportunity was for risk-averseContinue Reading
By Rukayat Moisemhe The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) is set to partner Nimbus Media Ltd., to provide N40 million in advertising support to 20 Small and Medium Enterprises (SMEs) owned by women. In a call for applications unveiled on Tuesday by Nimbus Media, the destinationContinue Reading
Olukayode Babalola Alhaji Abdullahi Dantasidi, National President, National Artisanal and Small Scale Mining Cooperative Society, has appealed for President Bola Tinubu’s support in alleviating the hardship faced by artisanal miners across the country in the discharge of their duties. He made the appeal in a statement he personally signedContinue Reading
By Patience Aliyu The Nigerian Export Promotion Council (NEPC), has urged stakeholders in the Plateau business community on the need for improved trade facilitation to boost exportation. The organisation made the call during its one day state-level workshop themed: “Increasing Non-oil Export through Trade Facilitation in Plateau” whichContinue Reading
By Lucy Ogalue Some stakeholders have reiterated the need for more private sector engagement and public sensitisation on the importance of keying into the country’s pension scheme. They spoke at a Pension Industry Roundtable on Thursday in Abuja organised by the National Policy Advocacy Centre of Abuja Chamber of CommerceContinue Reading
