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Stanbic IBTC Introduces Season 3 Reward4savings Promo

Stanbic IBTC Introduces Season 3 Reward4savings Promo

Stanbic IBTC Bank has announced the Reward- 4Saving Season 3 Pro- mo launch. This campaign aims to sustain the savings culture cultivated amongst customers while providing them with rewards. Based on the success of the…

BudgIt Opens Nominations For 2023 Active Citizens Award

BudgIt Opens Nominations For 2023 Active Citizens Award

BudgIT has announced that it is set to host the second edition of the Active Citizens Awards. According to a statement, this year’s award, themed, “Trailblazers of Change: Pioneering Solutions, Shaping the Future,” is scheduled…

Naira Appreciates To N768.16/$1 At I&E Window

Naira Appreciates To N768.16/$1 At I&E Window

The naira yesterday recovered to close at N768.16/$1 at the Investors and Ex- porters’ (I&E) window, compared with N793.70 per dollar on the previous day, data obtained from FMDQ Exchange shows. Traders said insufficient supply…

External Reserves Slide Further To $33.98bn

External Reserves Slide Further To $33.98bn

The country’s external reserves continue to head south amid exchange rate volatility, falling by $139.44 million to $33.98 billion as of July 19 2023 from $34.12 billion on June 30, 2023, latest data obtained from…

CBN Faults Report On Revocation Of BDCS’ Licences

CBN Faults Report On Revocation Of BDCS’ Licences

The Central Bank of Nigeria (CBN) has faulted reports that made the rounds in recent days that it had revoked the licences of 2,698 Bureaux De Change (BDCs). According to an authoritative source at the…

Naira Falls To N793.70/$1 At I&E Window

Naira Falls To N793.70/$1 At I&E Window

After appreciating against the dollar for two days in a row-Monday and Tuesday- the naira yesterday closed at N793.70/$1 at the Investors and Exporters’ (I&E) window, compared with N742.93 per dollar on the previous day,…

Afrinvest: Fx Unification May Cut FG’s Deficit By N350bn

Afrinvest: Fx Unification May Cut FG’s Deficit By N350bn

The Central Bank of Nigeria’s (CBN) unification of its multiple exchange rates may result in the reduction of the Federal Government’s deficit by about N350 billion, the investment bank and research advisory firm, Afr- invest…

SEC Approves Mcnichols Consolidated’s Rights Issue Of 531.2m Ordinary Shares

SEC Approves Mcnichols Consolidated’s Rights Issue Of 531.2m Ordinary Shares

McNichols Consolidated Plc said it has obtained an approval from the Securities and Exchange Commission (SEC) to conduct the signing ceremony with regard to the proposed Rights Issue of 531,242,609 each at 50 kobo (N0.50)…

Agusto & Co. Affirms Fidelity Bank’s ‘A’ Rating, With A Stable Outlook

Agusto & Co. Affirms Fidelity Bank’s ‘A’ Rating, With A Stable Outlook

Pan-African credit rating agency, Agusto & Co. has affirmed the ‘A’ rating assigned to Fidelity Bank Plc and assigned an ESG score of ‘2’ in reflection of the agency’s view that environmental, social and governance…

‘Embrace Globalisation For Optimal Employment Processes’

To optimise employment processes and employees’ welfare, organisations should embrace dynamism and globalisation, Adekunbi Ademiluyi, Managing Director of HumanManager Limited (HML), a leading HR and Payroll solutions firm and a subsidiary of SystemSpecs Holdings Limited…