Naira sells below 1,280/$ at official, parallel markets
The naira began the new month on a bullish note, appreciating to N1,278.58 against the United States dollar from N1,309.39 per dollar recorded last week...
Author : NigGal
CBN: Fortifying banks with sufficient capital to drive economic growth
The global financial crisis of 2008 highlighted multiple vulnerabilities within the banking sector in different countries, particularly in Nigeria. In order to mitigate these financial stability...
Naira recovery now tackle inflation — BDCs
The Association of Bureaux de Change Operators of Nigeria has said that the recovery of the naira has led to a relative decrease in the...
Zenith emerges Nigeria’s best bank for 4th year
Zenith Bank Plc has emerged as the Best Bank in Nigeria in the Global Finance Best Banks Awards 2024, winning the award for the fourth time...
Naira exchange rates March 2024
Parallell (Black) Market Rates – NGN/USD/GBP/EUR Date Naira/Dollar (NGN/USD) Buy/Sell Naira/Pound (NGN/GBP) Buy/Sell Naira/Euro (NGN/EUR) Buy/Sell March 29, 2024 1250 / 1280 1650 / 1700...
Quick tips for improving financial literacy
Financial literacy involves knowing the basics of budgeting, investing, banking, credit, and managing personal finances. It’s essentially understanding how money functions. We may have different...
Establishing trust through every action
The internet is proliferating, leading to a rise in online business activities and subsequently, expanding opportunities. Despite the tech bubble of the 90s causing apprehension...
Sterling Bank, EAS train SMEs in export
Sterling Bank Limited has partnered with Export and Sell Nigeria Limited to train Small and Medium-scale enterprise operators on sustainable export practices. The collaboration unfolded...
CBN cedes growth for foreign capital inflow as naira nears N1300/$
The Central Bank of Nigeria (CBN) leaves nobody in doubt about outward-looking posturing, which prioritises foreign capital inflow at the expense of the survival of...
NPC, association collaborate to boost SMEs
The National Productivity Centre and the Pan African Association of Small and Medium Industries have signed a Memorandum of Understanding to boost SMEs in Nigeria....
NEC Approves $617.7 Million i-DICE Program to Boost Digital and Creative Enterprises Across Nigeria.
In a momentous stride toward fostering innovation and digital prowess, the National Economic Council (NEC) has sanctioned the deployment of an ambitious $617.7 million initiative...
“Partnerships can incentivise banks to finance SMEs”
The African Guarantee Fund (AGF) and the Nordic Development Fund (NDF) have stated that strategic partnership remains vital and can incentivise banks to provide climate finance...
CBN raises interest rate to 24.75%
The Central Bank of Nigeria has disclosed that it will be allocating $10,000 to each Bureau de Change operator at N1,251/$. This was contained in...
Boost your business with valuable insights from a trusted mentor
In the midst of a challenging operational landscape, the inclusion of a mentor in a startup can greatly improve the prospects of your business’s survival,...
Entrepreneurs urge govt to create enabling SMEs environment
Stakeholders and small business owners have called on the government to put in place sustainable policies targeted at small businesses in Nigeria to help them...
CBN sells $10,000 to BDC at N1,251/$1
The Central Bank of Nigeria has issued a circular to Bureau De Change operators informing them of the sale of $10,000 to each BDC at...
FG asks applicants to submit NINs for trade grants
The Ministry of Industry, Trade, and Investment has directed applicants of the Presidential Conditional Grant Scheme to submit their National Identification Numbers as part of...
Key elements for globalizing your small business
By Jane Brown Expanding your sales operations globally may seem overwhelming given the diverse cultural, communal, and linguistic landscapes. Yet, recognizing and accepting these diversities...
Defeat Procrastination: the influence of small achievements
One of the key reasons we do not act on important activities on our to-do list is procrastination. If we do not overcome procrastination, we...
Subsidy removal: FG, states, LGs allocations hit N10.14tn
The removal of subsidy on Premium Motor Spirit, popularly called petrol, pushed up the statutory revenue allocations from the Federation Account that was shared by...
Adaora Umeoji has been appointed as the GMD/CEO of Zenith Bank
Zenith Bank Plc has announced the appointment of (Dr.) Adaora Umeoji, as Group Managing Director/Chief Executive with effect from June 1, 2024, subject to approval by...
Green finance: Stakeholders seek improved SMEs funding
Stakeholders at the 2024 Green Finance Conference have called for increased funding for Small and Medium Scale Enterprises, as well as more effective strategies for...
Notore appoints chairman after three years
Notore Chemical Industries has announced the appointment of Femi Agbaje as the new chairman of its board of directors. The appointment comes more than three...
FG plans fresh borrowing via Eurobond in June
The Federal Government has enlisted the expertise of leading global investment banks, including Citibank NA, JPMorgan Chase & Co, and Goldman Sachs Group Inc., to...
SME profitability and expansion rely heavily on partnerships and collaborations says Entrepreneurs
Nigerian female entrepreneurs in the Wellness Industry emphasize that the success of business owners, particularly women, lies in partnerships and collaboration. During a panel session...
Essential steps for small business owners this year
Managing a business nowadays is no easy task, particularly in the current year. You never know when new policies might emerge overnight, potentially causing significant...
Presidential Grant Scheme targets 1m Nano businesses across 774 councils
The Federal Government has rolled out the Presidential Conditional Grant Scheme (PCGS) to empower about one million Nano businesses across the 774 local government areas across the...
How to Elevate Your Business with a Customer-Centric Approach for Unrivaled Loyalty
In the business world, there’s a game-changing strategy that goes beyond just selling products – it’s about creating an experience that keeps customers coming back....