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Category: Local

E-Naira Website Goes Live Ahead Of October 1st
AfricaLocalTechnology

E-Naira Website Goes Live Ahead Of October 1st

The Central Bank of Nigeria’s eNaira website has gone live ahead of October 1 official launch. According to the website,…

byakintundeSeptember 28, 2021
SEC Considers Regulation Of Fintech Operations In The Capital Market
AfricaLocalTechnology

SEC Considers Regulation Of Fintech Operations In The Capital Market

The Securities and Exchange Commission, SEC, is considering the regulation of fintech operations in the capital market in order to…

byakintundeSeptember 28, 2021
Oil Prices Climbed To The Highest Level In Three Years
AfricaLocalMarket

Oil Prices Climbed To The Highest Level In Three Years

Oil prices climbed, Tuesday, to the highest level in three years on mounting expectations that the global natural gas crisis…

byakintundeSeptember 28, 2021
E-Naira Will Aid Revenue Collection: CBN
AfricaBankingLocalMarketTechnology

E-Naira Will Aid Revenue Collection: CBN

The Central Bank of Nigeria has said the e-Naira will provide a secure and cheaper Diaspora remittance option, this was said…

byakintundeSeptember 28, 2021
Nigerian: Investors Record  N51.03 Billion Loss
AfricaInvestingLocalMarket

Nigerian: Investors Record N51.03 Billion Loss

  Stock market activities on Monday declined as trading volume and value of shares dropped by 77.99 per cent and…

byakintundeSeptember 28, 2021
Chartered Institute of Stockbrokers To Hold Session On Marketing Magic: The Art Of Marketing In Digital Age For It’s Member
AfricaInvestingLocal

Chartered Institute of Stockbrokers To Hold Session On Marketing Magic: The Art Of Marketing In Digital Age For It’s Member

The Chartered Institute of Stockbrokers has said it plans to hold a capacity building session on modern techniques of marketing…

byakintundeSeptember 28, 2021September 28, 2021
Nigeria: SuperTv Launch Zero Data Streaming App
AfricaLocalTechnology

Nigeria: SuperTv Launch Zero Data Streaming App

The SuperTV has launched an online movie streaming terrain with matchless Zero Data as Nigeria marks 61st independence. A statement…

byakintundeSeptember 27, 2021
Uphold Quality Standards:Standard Organisation Of Nigeria
AfricaLocalMarketTrade

Uphold Quality Standards:Standard Organisation Of Nigeria

The Standard Organisation of Nigeria has asked electrical dealers to uphold the quality standards for them to benefit from the…

byakintundeSeptember 27, 2021
Nigeria Need Over $400bn To Fund Its Critical Energy Needs
AfricaLocal

Nigeria Need Over $400bn To Fund Its Critical Energy Needs

The President of the Federal Republic of Nigeria, Muhammadu Buhari (Retd.), has said that Nigeria needs over $400bn to fund…

byakintundeSeptember 27, 2021September 27, 2021
African Legal Support Facility Celebrates Achievements As It Begins New 14-Year Mandate
AfricaLocalTrade

African Legal Support Facility Celebrates Achievements As It Begins New 14-Year Mandate

The African Legal Support Facility, which is an initiative created to help governments avert losses from business deals, saved African…

byakintundeSeptember 27, 2021
Inflows From Foreign Portfolio Investors Dropped By N37.85bn: Nigerian Exchange Limited
AfricaInvestingLocalMarket

Inflows From Foreign Portfolio Investors Dropped By N37.85bn: Nigerian Exchange Limited

The Nigerian Exchange Limited, formerly Nigerian Stock Exchange, revealed in its latest report that year-to-date inflows from foreign portfolio investors…

byakintundeSeptember 27, 2021
capital Market Raised N176bn In Four Years: The Securities and Exchange Commission
AfricaLocalMarket

capital Market Raised N176bn In Four Years: The Securities and Exchange Commission

The Securities and Exchange Commission has said that the capital market raised N176bn in four years and has the potential…

byakintundeSeptember 27, 2021
Brent Oil Futures Close At It Highest Level Since October 2018
AfricaLocalMarketTrade

Brent Oil Futures Close At It Highest Level Since October 2018

The price of crude oil was up in London on Friday morning, climbing for a fourth day amid tighter supplies…

byakintundeSeptember 24, 2021
Meadow Foods Register 20,000 Farmers In Two Nigerian State
AfricaLocal

Meadow Foods Register 20,000 Farmers In Two Nigerian State

Meadow Foods Nigeria Limited through its GrowIT project has announced the completion of the registration and farmland mapping of 20,000…

byakintundeSeptember 24, 2021September 25, 2021
Nigeria Exchange Limited To Hold First Technovation Conference
AfricaLocalTechnology

Nigeria Exchange Limited To Hold First Technovation Conference

The Nigerian Exchange Limited, formerly the Nigerian Stock Exchange, has announced that it would be holding the first Technovation conference…

byakintundeSeptember 24, 2021
62% Of Nigeria Business Enterprises Make Use Of Mobile Banking
AfricaBusinessLocalTechnology

62% Of Nigeria Business Enterprises Make Use Of Mobile Banking

The National Bureau of Statistics has said that 62 per cent of enterprises use mobile banking for their business operations.…

byakintundeSeptember 24, 2021September 24, 2021
Taiwan government Says It’s Expanding Its Businesses In Nigeria
Local

Taiwan government Says It’s Expanding Its Businesses In Nigeria

The Taiwan government through its trading council is currently expanding its businesses in Nigeria, the Taiwan Trade Representative in Nigeria,…

byakintundeSeptember 24, 2021
Investments That Will Stand The Test Of Time – Stanbic IBTC Chief Executive
AfricaInvestingLocal

Investments That Will Stand The Test Of Time – Stanbic IBTC Chief Executive

Stanbic IBTC Asset Management Limited, a subsidiary of Stanbic IBTC Holdings Plc, has urged Nigerians to patronise investment offerings that…

byakintundeSeptember 24, 2021September 24, 2021
African Continental Free Trade Area To Help Grow Africa’s Gross Domestic Product
AfricaLocal

African Continental Free Trade Area To Help Grow Africa’s Gross Domestic Product

The Under Secretary General and Executive Secretary, The United Nations Economic Commission for Africa, Dr Vera Songwe, has said that…

byakintundeSeptember 24, 2021September 24, 2021
Naira Continues To Maintain A Downward Trend
AfricaLocal

Naira Continues To Maintain A Downward Trend

The naira slide to N575 on Thursday despite assurances by the Central Bank of Nigeria that there is sufficient foreign…

byakintundeSeptember 24, 2021September 24, 2021
Nigerian Stocks Extend Decline Amid Investors’ Hesitation To Hold Bank Shares
BusinessLocalMarket

Nigerian Stocks Extend Decline Amid Investors’ Hesitation To Hold Bank Shares

Nigerian stocks encountered more strain on Wednesday as the benchmark index slowed 0.05 percent to its lowest point in more…

byEkeminiSeptember 23, 2021
Federal, States,Local Government And Agencies Shared N696.965 Billion Revenue
AfricaLocal

Federal, States,Local Government And Agencies Shared N696.965 Billion Revenue

The Federation Accounts Allocation Committee on Wednesday said it shared a total of N696.965bn as August 2021 revenue to the…

byakintundeSeptember 23, 2021
2020 Trade Volume Between China Nigeria Was $20bn: Chinese Ambassador to Nigeria
BankingLocalMarketTradeWorld

2020 Trade Volume Between China Nigeria Was $20bn: Chinese Ambassador to Nigeria

The Chinese Ambassador to Nigeria, Ambassador Cui Jianchun, has said that the trade volume between his country and Nigeria was…

byakintundeSeptember 23, 2021
Nigerian Content Development And Monitoring Board Set To Develop Manufacturing Hubs In Ondo State
AfricaLocal

Nigerian Content Development And Monitoring Board Set To Develop Manufacturing Hubs In Ondo State

The Nigerian Content Development and Monitoring Board has begun activities to develop an oil and gas industrial park in Ondo…

byakintundeSeptember 23, 2021
Nigeria’s Equity Market Investors Lost N11.02 Billion At End Of Trading
AfricaInvestingLocalMarket

Nigeria’s Equity Market Investors Lost N11.02 Billion At End Of Trading

Investors in the equities market of the Nigerian Exchange Limited – formerly Nigerian Stock Exchange lost N11.02bn at the end…

byakintundeSeptember 23, 2021September 23, 2021
Increase in Demand, Shortage Of Supply Led To Increased Price Of Cooking Gas
AfricaLocalMarket

Increase in Demand, Shortage Of Supply Led To Increased Price Of Cooking Gas

The management of the Nigeria LNG Limited has said that marketers do not have enough infrastructure to take up its…

byakintundeSeptember 23, 2021
Development Of Seaports Will Magnify Revenue Drive In Nigeria – NPA
BusinessLocalMarket

Development Of Seaports Will Magnify Revenue Drive In Nigeria – NPA

The Nigerian Ports Authority (NPA), has stated that Nigeria’s maritime industry accounts for 70% of cargo trade in West and…

byEkeminiSeptember 22, 2021September 23, 2021
Federal Government Pens OPEC, Requesting Higher Oil Production Quota
BusinessLocal

Federal Government Pens OPEC, Requesting Higher Oil Production Quota

Nigeria has now officially written the Organisation of Petroleum Exporting Countries (OPEC), requesting a higher production quota under the OPEC+…

byEkeminiSeptember 22, 2021
Analysts Worries, Gives Pathways To Debt Sustainability
FeaturesLocal

Analysts Worries, Gives Pathways To Debt Sustainability

Analysts have implored the Federal Government and sub-nationals to reduce recurrent expenditure, especially cost of governance, to accommodate more capital…

byEkeminiSeptember 22, 2021September 22, 2021
Foreign Airlines Grow Their Interest In Nigeria As Travel Rebounds
BusinessLocal

Foreign Airlines Grow Their Interest In Nigeria As Travel Rebounds

The return of foreign airlines into the Nigerian airspace and arrival of new entrants show that foreign airlines are increasing…

byEkeminiSeptember 22, 2021

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