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November 29, 2023
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Category: Money Line

FDC Predicts 23.35% Inflation For July

FDC Predicts 23.35% Inflation For July

Financial Derivatives Company (FDC) Limited has projected that Nigeria’s headline inflation likely rose to 23.35 percent in July 2023 from 22.79 percent in the preceding month. In a report released on Monday, the FDC stated…

Kuda Boss: Fintech key to deepening digital economy

Kuda Boss: Fintech key to deepening digital economy

The Chief Technology Officer (CTO)/Co-founder of Kuda Technologies Limited, Musty Mustafa, has restated that fintechs are pivotal to Nigeria’s quest to harness the full potential of the digital economy as a strategic non-oil contributor to…

Parthian Partners’ CEO hails BVN’s positive impact on fintech

Parthian Partners’ CEO hails BVN’s positive impact on fintech

Amid the ongoing debate over the pros and cons of the reforms launched since Nigeria’s new President, Bola Tinubu, assumed office on May 29, PricewaterhouseCoopers (PwC) has said that, “continued inflationary growth and rise in…

Moniepoint Kicks Off 3rd Edition Of Women In Tech Internship

Moniepoint Kicks Off 3rd Edition Of Women In Tech Internship

Moniepoint, one of Africa’s leading Fintechs, which provides banking services for businesses, has kicked off the 3rd edition of its Women in Tech internship with a premium event to celebrate the new intake of emerging…

BudgIt To Train 12 Journalists In 2023 ‘Govspend Media Fellowship’

BudgIt To Train 12 Journalists In 2023 ‘Govspend Media Fellowship’

Leading civic-tech organization in the advocacy for account- ability, transparency and effective service delivery in Nigeria, BudgIT, has announced that its 2023 GovSpend Media Fellowship will run from September to November 2023. According to a…

Good Life Promo 4.0: Verve To Reward Consumers With Free Fuel, Others

Good Life Promo 4.0: Verve To Reward Consumers With Free Fuel, Others

Africa’s leading payment card and digital tokens brand, Verve, has launched the 4th edition of the Verve Good Life Promo- “The Verve Good Life Promo 4.0”- which will see it rewarding its cardholders with exciting…

Naira Falls To N776.50/$1 At I&E Window

Naira Falls To N776.50/$1 At I&E Window

The naira weakened against the dollar yesterday, closing at N776.50/$1 at the Investors and Exporters’ (I&E) window, compared with N741.64 per dollar on Wednesday, data obtained from FMDQ Exchange shows. Naira volatility has not abated…

‘Fuel Subsidy Removal’ll Ease Fiscal Pressure On Fg’

‘Fuel Subsidy Removal’ll Ease Fiscal Pressure On Fg’

Amid the ongoing debate over the effects of the economic reforms launched since Nigeria’s new President, Bola Tinubu, assumed office on May 29, analysts at FBN Quest Capital have said that a key aspect of…

MPR Hike: Analysts seek caution as T-bill rates jump

MPR Hike: Analysts seek caution as T-bill rates jump

Analysts at Coronation Research have advised naira fixed income savers not to get carried away by the hike in Monetary Policy Rate (MPR)-induced surge in Treasury bill and bond rates. In a report released yesterday,…

Oil Prices Rise To Highest Since April

Oil Prices Rise To Highest Since April

Prices of crude oil rose yesterday, trading near their highest levels since April, according to Reuters. The price increases were buoyed by crude and fuel product inventory data showing robust United States (US) demand. Brent…