Home | Business Post Nigeria
By Adedapo Adesanya Nigerians now prioritise food, transportation, medical expenses, and electricity above luxuries like house owning and purchase of...
See the New Naira Notes Redesigned by CBN (N200, N500, N1,000)
On Wednesday, November 23, 2022, President Muhammadu Buhari unveiled the redesigned Naira notes by the Central Bank of Nigeria (CBN). On October 26, 2022, the governor of the CBN, Mr Godwin Emefiele, said the bank would introduce new series of the N200, N500, and N1,000 banknotes into the financial system. At a special press briefing in Abuja ...
NCAIR, Google Unveil N100m AI Fund for Nigerian Startups
Sep 11, 2024 · The N100 million AI fund was put together in collaboration with Google and is open to Nigerian-based startups that are focused on AI-driven technology solutions with the potential for significant impact. Selected small businesses will receive up to N10 million in funding, along with access to Google’s extensive resources, including AI tools ...
Ikeja Electric to Phase Out Unistar Prepaid Meters November 14
Oct 14, 2024 · The energy distribution company in a statement on Monday said it would phase out the meter model from Thursday, November 14, 2024. The Unistar prepaid meter was one of the first models rolled out to customers over 10 years ago. In the notice to its customers today, Ikeja Electric asked its customers still using the model to apply a new one on ...
business news,insider business news on Businesspost Nigeria …
4 days ago · by Modupe Gbadeyanka. 08/11/2024. 0. By Modupe Gbadeyanka The Senate Committee on Finance on Thursday engaged with the federal government on the viability of its... Read more. 1 2 … 2,167. business news, business card, naija news, cnn business news, nigeria today breaking news, business news today, insider business news on Business Post Nigeria.
Naira Weakens to N1,625/$1 at NAFEM, N1,690/$1 at Black Market
Oct 10, 2024 · By Adedapo Adesanya The Naira weakened to N1,625/$1 in the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Wednesday, October 9, amid continued volatility caused by forex pressure. Business Post reports that in the preceding trading session, the exchange rate was N1,561.76/$1 in the official market, indicating.
Dangote Considers Export of Petrol, Others to Caribbean Countries
Oct 11, 2024 · This hint was dropped by the owner of the $20 billion oil facility located in the Lekki area of Lagos State, Mr Aliko Dangote, when he hosted the Prime Minister of Grenada, Mr Dickon Mitchell, on Thursday. While addressing journalists after the tour of the 650,000 barrels per day refinery, the businessman said some Caribbean countries are ...
Cashless Policy: CBN Announces Fresh Cash Withdrawal Limits
Dec 7, 2022 · “The maximum cash withdrawal via point of sale (POS) terminal shall be N20,000 daily.” In compelling circumstances, not exceeding once a month, where cash withdrawals above the prescribed limits are required for legitimate purposes, the apex bank noted that such must not exceed N5 million and N10 million for individuals and corporate organisations, respectively.
As UBA Plc Prepares For Recapitalization | Business Post Nigeria
Sep 23, 2024 · For the United Bank for Africa (UBA Plc), its rich history is matchless. With its origins dating back to 1949, the bank, which prides itself as Africa’s global bank, has carved its niche as a leading financial institution in sub-Saharan Africa, growing into one of the continent’s most influential banks. UBA’s evolution from a local ...
Aradel Excites Market With Listing, Boosts NGX Value by N3.05trn
Oct 15, 2024 · The integrated energy firm increased the value of the country’s flagship stock exchange by N3.05 trillion with the listing of 4.34 billion shares at N702.69 per unit. The listing of Aradel Holdings stocks on the NGX after exiting its previous market, the NASD over-the-counter (OTC) Securities Exchange, is to leverage the capital market for ...