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Business
Nigeria’s Economy In Recession With ‘Record Low’ Foreign Investment
Nigeria’s economy nosedived into a recession official data revealed Wednesday with oil production hammered by militant attacks on pipelines and foreign investment at a “record” low.
Output in the three months to the end of June was -2.06…
Exchange Rate For 31st August 2016
Photo courtesy of Guardian NGR and powered by Zenith Bank.
Facebook Co-Founder,Mark Zukerberg And The Simple Life He Lives
There isn't a person who hasn't seen Mark Zuckerberg-who is presently in Lagos-in the same top and jeans out on the streets or at events. Facebook's CEO says that he lives a "simple" life and proudly wears the same thing every day. …
Incredible Facts About Microsoft’s CEO Bill Gate’s Money
So I was searching for some information about the “man”, and found this funny information, its a list of how rich is Mr.Bill Gates and come to think of it, Gates sure is the luckiest man of earth. He has all the money in the…
Skye Bank Raises Daily Card Spending Limit for Travellers
As part of its efforts to enhance travelers’ holiday experience and make financial transactions seamless, Skye Bank Plc., has increased customers’ daily international spend limit from $100 to $300 on MasterCard debit cards and $500…
Exchange Rate For 29th August 2016
Photo courtesy of Guardian NGR and powered by Zenith bank.
Exchange Rate For 26th August 2016
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Exchange Rate For 25th August 2016
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Fx Ban Lifted On UBA Alone,Other Banks Still Await Approval from CBN
The Central Bank of Nigeria (CBN) has re-admitted the United Bank for Africa (UBA) Plc into the Foreign Exchange Market effective from Thursday,25th August 2016.
Tokunbo Martins, director, banking supervision of CBN, made the…
Just In: Naira Crosses 400/$ Mark At Parallel Market After FX Ban On 9 Banks
The naira crossed the 400-per-dollar mark on Wednesday to trade at 402 to the foreign currency at the parallel market.
The naira, which traded around 396/$1 on Tuesday, depreciated rapidly on Wednesday after the ban of nine banks from all…
Exchange Rate For 24th August 2016
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Exchange rate For 23rd August 2016
Photo courtesy of Guardian NOR, and powered by Zenith Bank.
South African Business Developers – Sun International,Who Manages Federal Palace Hotel Exits…
Sun International, a company with 49 percent stake in Federal Palace Hotel and Casino, says it is leaving the Nigeria, owing to “challenging financial Devaluation and regulatory dispute”.
The hospitality and gaming company, which…
Exchange Rate For Monday 22nd August 2016
Exchange rate courtesy of Guardian NGR and powered Zenith Bank.