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Month: June 2024

Business News

Nigerian govt announces date to commence payment of N150bn SMEs, manufacturers loan

Web AdminJune 28, 2024June 28, 2024
The Nigerian Federal Government says the disbursement of N150 billion in loans to micro, small and medium enterprises and manufacturers would commence by the end of July 2024. The Minister...
CBN Discontinues Price Verification Portal for Form ‘M’ Applications
Business News

CBN Discontinues Price Verification Portal for Form ‘M’ Applications

Web AdminJune 27, 2024June 27, 2024
In a significant policy shift, the Central Bank of Nigeria (CBN) has announced the discontinuation of the Price Verification Portal (PVS) for validating Form 'M' applications. This was disclosed by...
Naira Exchange Rate Dips to N1,507.83 Per Dollar Amidst Improved Liquidity and $24 Billion Inflow
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Naira Exchange Rate Dips to N1,507.83 Per Dollar Amidst Improved Liquidity and $24 Billion Inflow

Web AdminJune 27, 2024June 27, 2024
On Wednesday, the naira exchanged at N1,507.83 per dollar at the official foreign exchange (FX) market, reflecting improved liquidity as Nigeria recorded a substantial $24 billion inflow in the first...
Rags to Riches: The Incredible Rise of Olayemi Michael Opemipo in Agribusiness
Business News

Rags to Riches: The Incredible Rise of Olayemi Michael Opemipo in Agribusiness

Web AdminJune 26, 2024June 26, 2024
Frontier Agribusiness, a leader in Climate Smart Agriculture, is proud to share the remarkable journey of its Managing Director, Olayemi Michael Opemipo (PMP®) who has navigated a path from Child...
Innovations in Climate Smart Agriculture
Sponsored Content

Innovations in Climate Smart Agriculture

Web AdminJune 26, 2024June 26, 2024
Frontier Agribusiness stands at the forefront of Climate Smart Agriculture, driven by the vision and leadership of its Managing Director, Olayemi Michael Opemipo (PMP®). His journey from humble beginnings as...
Cryptocurrencies Rebound After Bitcoin Dips Below $60,000
Business News

Cryptocurrencies Rebound After Bitcoin Dips Below $60,000

Web AdminJune 26, 2024June 26, 2024
Cryptocurrencies saw a broad rise on Tuesday, rebounding from a significant sell-off that occurred when Bitcoin fell below $60,000 for the first time since early May. Bitcoin surged more than...
The Worst Is Over for Naira’s Fluctuations, Says CBN Governor Olayemi Cardoso
Business News

The Worst Is Over for Naira’s Fluctuations, Says CBN Governor Olayemi Cardoso

Web AdminJune 26, 2024June 26, 2024
The Central Bank of Nigeria (CBN) has expressed optimism regarding the stability of the naira, suggesting that the worst of its recent fluctuations may be over. In a recent interview...
Cryptocurrency Market Faces Steep Decline Amid Waning Demand and Market Uncertainty
Business News

Cryptocurrency Market Faces Steep Decline Amid Waning Demand and Market Uncertainty

Web AdminJune 25, 2024June 25, 2024
The cryptocurrency market is experiencing significant losses following its second-worst weekly decrease in 2024. This downturn is driven by decreasing demand for Bitcoin exchange-traded funds (ETFs), uncertainty surrounding the U.S....
Nigerian Stock Market Opens Week on a Negative Note
Business News

Nigerian Stock Market Opens Week on a Negative Note

Web AdminJune 25, 2024June 25, 2024
The Nigerian stock market began the last trading week of June 2024 on a negative trajectory as profit-taking activities in Airtel Africa Plc (-2.5%) and 25 other stocks led to...
Seven Killed, 11 Injured in Lagos-Ibadan Expressway Crash
Press Release

Seven Killed, 11 Injured in Lagos-Ibadan Expressway Crash

Web AdminJune 25, 2024June 25, 2024
A tragic accident on the Lagos-Ibadan Expressway has claimed the lives of seven individuals and left eleven others injured. The incident occurred on Monday, June 24, 2024, involving a collision...

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Recent Posts

  • Nigeria Spends $2.93bn on Eurobond Servicing Under Tinubu, 83% Goes to Interest — DMO Data
  • Dangote Refinery Debunks Viral Video Claiming It Delivers Petrol Through Dispatch Riders
  • Tyre Burst Disrupts Flights at Abuja Airport, Normal Operations Resume
  • UNICEF, EU, and Oyo Govt to Enrol 250,000 More Vulnerable Households into Social Register
  • African Nurses and Midwives Launch World’s First AI Movement for Migrant Women

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Nigeria Spends $2.93bn on Eurobond Servicing Under Tinubu, 83% Goes to Interest — DMO Data

Dangote Refinery Debunks Viral Video Claiming It Delivers Petrol Through Dispatch Riders

Tyre Burst Disrupts Flights at Abuja Airport, Normal Operations Resume

UNICEF, EU, and Oyo Govt to Enrol 250,000 More Vulnerable Households into Social Register

African Nurses and Midwives Launch World’s First AI Movement for Migrant Women

Open Startup Launches Fifth DeepTech Accelerator to Boost African Innovation

NAPE Warns of Looming Oil Output Decline, Calls for Urgent Exploration Drive

Outrage as NCAA Imposes New $11.50 Air Ticket Levy, Targets $1bn Revenue

Naira, Stocks Slide as Trump’s Threat Triggers Investor Anxiety

Nigerian Equities Market Sheds N94bn as Investors Take Profit on Blue-Chip Stocks

Turkish Investors Eye Agriculture, Textiles, and Manufacturing in Abia

National Quality Conference, Awards Shifted to March 2026

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