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Tag: Safaricom replaces Bob Collymore with Michael Joseph


CBN-Governor-Emefiele, Investors’ and Exporters’ forex window aided Naira stability – Emefiele , Financial Inclusion: CBN licensed 15 mobile money operators – Emefiele , Rates continue to decline as banks struggle to meet CBN’s 65% minimum LDR, CBN releases new guidelines, to fine banks N2 million over customers’ complaint , CBN: FG fell short of monthly allocated collected revenue by N388 billion, CBN issues new rule for use of PoS, merchants to face sanction after deadline, CBN may devalue naira in 2020 as experts highlight red flags in the economy, CBN appoints and redeploys directors within its ranks, Banks look to lending rates for revenue, as slash on e-transaction charges affect operations, CBN discloses currency in circulation worth N2.44 trillion, CBN to commence recycling of mutilated naira notes, Agriculture: CBN's revised policy on the dairy industry, CBN condemns foreign money transfers to Nigeria, Experts outline effect of CBN’s longer term contract, Bank’s lending rates decline albeit slower than expected, CBN releases new capital base, sanctions for Microfinance Banks, CBN reveals banks’ foreign assets rise to N14.19 trillion in 2019, CBN insists on no devaluation, threatens to sanction those responsible for false speculations, CBN considers interest rate cut as trade, economy decline over Coronavirus, Defending the naira at a cost, CBN announces initial policy response to COVID-19, CBN stops oil companies from selling dollar to NNPC, here’s why, Amid Coronavirus spread, CBN directs staff to stay at home, External reserves to fall below $30 billion, more forex restrictions expected, UPDATE: Fitch downgrades Nigeria's IDR to "B", says CBN's remedial policy not enough, What constitutes Nigeria’s external reserves?

What constitutes Nigeria’s external reserves?

Anytime we hear about foreign reserves, we just learn about the movement in the reserves, whether upwards or downwards. But there is more to the concept. Let's show you.
NNPC, petroleum, Kyari, smuggling, , NNPC explains why kerosene price is not stable, NNPC, Why NNPC may sack depot managers in downstream sector , NNPC boss blames failure of refineries on negligence, says there are no excuses , No fuel scarcity during festive period - NNPC , NNPC advances commitment to meet domestic gas demands, NNPC to pay BCE $22.6 million over failed contract , Pipeline vandalism: NNPC GMD invited for questioning , Curbing the menace of smuggling of petroleum products, Amendment of Deep Offshore Act: NNPC allays fears of IOCs , New oil discovery to facilitate massive job creation – NNPC, Shell, NNPC lament Nigeria’s electricity deficit, FG gives reasons for fuel subsidy removal, discloses alternative to kerosene

FG gives reasons for fuel subsidy removal, discloses alternative to kerosene

The Federal Government has given reasons why it stopped subsidy on fuel and fully deregulated the downstream sector of the petroleum industry.
Coronavirus: Nigerian Banks starts advising customers against visiting banking hall for transactions, Ecobank Group records 32% growth in profit before tax of NGN146.5 billion for 2019, COVID-19: Ecobank commits about N100 million to national radio campaign “StaySafeNigeria”, Displeased customers drag banks on Twitter due to poor internet banking services, Fundamental analysis of Ecobank Transnational Inc (ETI)

Fundamental analysis of Ecobank Transnational shows 20% decline in share price

Ecobank Transnational Inc. (ETI) is a leading Pan-African bank, with presence in most parts of West Africa.
These Nigerian businesses are being affected by COVID-19, coronavirus, COVID-19: What businesses must do to mitigate crisis

COVID-19: What businesses must do to mitigate crisis

KPMG has revealed six factors that businesses should consider to mitigate the impact of the COVID-19 pandemic in Nigeria.
NNPC, Domestic Crude Allocation, Why NNPC’s Duke Oil is quitting London operations for Dubai , NNPC divests stake in four oil wells to NPDC , How NNPC discovered oil, gas deposits in the North , Nigeria to leverage on condensate refineries to be petrol net exporter, How NNPC saved $3 billion from arbitration 

NNPC GMD gives reasons for shutdown of refineries, to get private managers

The Federal Government has decided to continue with the shutdown of its 3 refineries, as part of the ongoing efforts to reposition them.