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Business

October, 2021

  • 29 October

    Opinion:BUBA MARWA GIVES THEM BLOODY NOSE

    My first intervention some months back on the war against hard drugs use in the country was under the headline ‘Buba Marwa and the Bad Guys.’ And here I come again today, armed with facts on how the National Drug Law Enforcement Agency (NDLEA) has suddenly come alive under its Chairman/Chief Executive, Brig. Gen. Mohammed Buba Marwa, and is giving ...

  • 29 October

    Shake up @ First bank, Adeduntan survives, Fidelity ex -md now in charge !

    The board of FBN Holdings Plc announced on Thursday the retirement of Mr U.K. Eke as the group managing director of the company, following the successful completion of his two-term tenure. It also announced that Eke would be succeeded by Mr Nnamdi Okonkwo, the immediate past managing director/chief executive officer of Fidelity Bank Plc. The board said in a statement ...

  • 27 October

    e-Naira receives knocks from experts..”it adds No Value”

    The newly launched e-Naira adds “no spectacular value” to the economy. It is cosmetic, “I think the important thing right now is what adds value to the economy in terms of job creation, stabilizing our currency, economic growth, and reducing the run on the Naira. “So all these, be it e-money or x-money, is not adding any spectacular value; it’s ...

  • 27 October

    How To Download And Open e-Naira Speed Wallet (Full Guide)

    Below are the simple steps to download and open the e-Naira Wallet Android Users Go to your Google Play Store AppOn the search tab, type eNaira Speed WalletThen click on Install to install the app on your smartphoneOnce successfully downloaded, launch the e-Naira Speed Wallet.Click on “Signup” to commence the onboarding process.Select your Relationship bank/e-Naira Partner.Enter your mobile number and ...

  • 27 October

    FG declares 90- days free transactions on eNaira platform

    The Central Bank of Nigeria has said that all transactions conducted on the newly launched digital currency platform, eNaira will be free for 90 days. The bank, however, stated that it will revert to its guide on applicable charges by banks and other financial and non-financial institutions at the end of the stated period. The apex bank disclosed this in ...

  • 27 October

    See your daily transaction limit on e-naira

    The apex bank has noted that Electronic Funds Transfer below N5,000 is charged N10; N5,001 – N50,000 is charged N25 and for above N50,000, a N50 charge is associated. The bank also said phone numbers without verified National Identification Number (Tier 0) will have a daily transaction limit of N20,000, while the maximum that the account can hold is N120,000. ...

  • 26 October

    Ooni reveals what Buhari told him about Sunday Igboho

    The Ooni of Ife, Oba Adeyeye Ogunwusi Ojaja II, has regretted the detention of Yoruba Nation agitator, Sunday Adeyemo aka Sunday Igboho, in Benin Republic. In an interview with BBC, the monarch said the agitator rejected advice offered him by monarchs sent to dialogue with him. Ooni narrated that he met President Muhammadu Buhari, over Sunday Igboho, adding that during ...

  • 25 October

    Buhari launches e-Naira

    President Muhammadu Buhari has launched e-Naira at state house, Abuja today,October 25, 2021. Buhari launched the eNaira at the State House in Nigeria’s capital Abuja after a previous plan to unveil the digital currency on October 1 was put on hold. “We have become the first country in Africa and one of the first in the world to introduce a ...

  • 21 October

    Bitcoin officially hits newB all-time high above $65K

    Bitcoin (BTC) has hit a new all-time high in United States dollars as a long-awaited surge pushes BTC/USD into price discovery. This week has already seen all-time highs for Bitcoin against several major fiat currencies, including the euro. As Cointelegraph reported, expectations remain for even higher levels to hit in the coming weeks and months, these interspersed by brief corrections ...

  • 18 October

    Forex shoot cooking gas above N8,000

    The price of 12.5kg of Liquefied Petroleum Gas, popularly called cooking gas, which was sold for N7,000 about a week ago, has increased to between N8,000 and N8,200, amidst various concerns by marketers and producers of the commodity. Of the 1.2 million metric tonnes of the product required by Nigeria, the Nigerian LNG Limited supplies about 450,000MT. This leaves a ...