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Published on Feb 2, 2025

Nigeria Spent N5.5Trillion On Petrol, Diesel Imports In 4 Months –Report

Reports have revealed that between October 1, 2024, and January 31, 2025, the Nigerian National Petroleum Company (NNPC) Limited and select marketers spent over N5.5 trillion on the importation of Premium Motor Spirit (PMS) and diesel (AGO). Meanwhile, the …

Source: Sahara Reporters - Left-wing
Published on Feb 4, 2025

How CBN, Agric ministry can collaborate to rescue naira

In recent years, the agricultural sector in Nigeria has emerged as a pivotal area for economic growth and development. Soybean has gained significant attention among various crops due to its versatility and high demand in domestic and international markets …

Source: Premium Times - Neutral
Published on Feb 2, 2025

Remove 2 per cent charge on pilgrims’ funds by CBN – NAHCON chair begs Nigerian govt

The Chairman of the National Hajj Commission of Nigeria, NAHCON, Professor Abdullahi Saleh Usman, has begged the Federal Government to ask the Central Bank of Nigeria, CBN, to waive the 2 per cent charge imposed on pilgrims’ funds. Professor Usman said the …

Source: Daily Post - Neutral
Published on Jan 30, 2025

FX Code: Tackling Governance, Transparency Burden In FX Market

While addressing stakeholders at the 2024 Bankers’ Dinner in Lagos late last year, the Governor of the Central Bank of Nigeria (CBN), Mr Oluyemi Cardoso, informed that the apex bank was going to be aggressive towards instilling ethical values in the …

Source: Independent - Label Pending
Published on Feb 4, 2025

Olayemi Cardoso: The governor they call the headmaster

BY SIMBO OLORUNFEMI AND ADE ADEFEKO It is unknown if Olayemi Cardoso ever thought he might one day become the Governor of the Central Bank of Nigeria. It might not have crossed his mind, but his lengthy career in Banking, which saw him rise from the floor …

Source: The Cable - Neutral
Published on Jan 30, 2025

When President’s convoy turns foreign exchange earner

In transparent fairness to him. He belled the cat. He did it at a very difficult time. Former President Olusegun Obasanjo flew the kite. And it stuck. He damned the consequences. He was daring. He took all the risks. It turned out to be extremely …

Source: The Sun Nigeria - Uncategorized
Published on Feb 4, 2025

FEC approves issuance of N758bn bond to settle pension backlog

The federal executive council (FEC) has approved the issuance of a N758 billion bond to clear outstanding pension liabilities for all categories of pensioners, offering long-awaited relief to retirees. Wale Edun, minister of finance and coordinating …

Source: The Cable - Neutral
Published on Feb 4, 2025

FG to raise N758b bond to clear backlog of pension liabilities

The Federal Executive Council (FEC) on Tuesday approved the Debt Management Office to raise a N758 billion bond to clear the backlog of pension liabilities for all categories of pensioners. FEC also approved a €30 million long-term concessional financing …

Source: The Guardian (Nigeria) - Uncategorized
Published on Feb 1, 2025

Ethiopia’s Forex Rules Set to Change Under IMF Deal

Ethiopia will ease several foreign currency restrictions while maintaining key controls on businesses, the International Monetary Fund said Thursday in its latest review of the country’s economic reform program. The announcement comes ahead of an expected …

Source: The Reporter Ethiopia - Neutral
Published on Feb 3, 2025

Naira Strengthens To N1,475/$1, Reaching Highest Level Since Mid-2024

The Nigerian Naira closes January 2025 at N1,475 per dollar at the Nigerian Autonomous Foreign Exchange Market (NAFEM), marking its strongest value since June 2024. On June 11, 2024, the exchange rate stood at N1,473/$1, making it the last time the …

Source: Biz Watch Nigeria - Uncategorized
Published on Jan 31, 2025

Nigeria’s Huge Interest Rate Differential Is Causing A 30% Decline In GDP

Experts warn that the high interest rate spread in Nigerian banks might hurt the nation’s economy by 20 to 30 percent, making things worse for people and companies whose purchasing power has already been severely damaged. Mustafa Chike-Obi, the chairman …

Source: The News Chronicle - Neutral
Published on Feb 3, 2025

CBN extends FX sale period to BDCs

By Grace Alegba The Central Bank of Nigeria (CBN) has extended the Foreign Exchange (FX) sale period to Bureau de Change (BDC) operators until May 30. This aims to better serve retail market demands. The bank disclosed this in a circular, signed by Dr W. J …

Source: News Diary Online - Uncategorized
Published on Jan 31, 2025

How to Become a Millionaire in Nigeria in Just 11 Months (Proven Strategies)

Becoming a millionaire in Nigeria within 11 months requires high-income skills, scalable businesses, and smart investments. Below is a detailed guide on the most practical ways to achieve this goal. Step 1: Choose a High-Income Path You need to make at …

Source: The News Chronicle - Neutral
Published on Feb 3, 2025

Much Huffing without puffing, who will get Seyi Makinde’s tourism template off the doldrums? by Ola Emmanuel

As revealed by the research published by Visual Capitalist, there are some countries that are most reliant on Tourism as the mainstay of their economies. Using data sourced from World Travel and Tourism Council, the countries depend on the travel and …

Source: Eagle Online - Neutral
Published on Jan 31, 2025

CarbonAi and Greenplinth Africa partner on clean cookstove program in Nigeria

CarbonAi and Greenplinth Africa have entered into an agreement under which CarbonAi will provide its software tools to support the digital measurement, reporting and verification (DMRV) of greenhouse gas (GHG) reductions from a major clean cookstove …

Source: Africa Business Communities - Neutral
Published on Feb 1, 2025

Nigerian fashion, like music, has gone global –Elsie Unuane Ordor, Creative Director, Maison-de-Helen Couture Ltd.

By Vivian Onyebukwa Elsie Unuane Ordor is a third-generation fashion designer. Her grandmother and her mum were both fashion designers, and she has caught the bug. She started off by taking over her mum’s company. Her company, Maison-de-Helen Couture Ltd, …

Source: The Sun Nigeria - Uncategorized
Published on Feb 3, 2025

Oando’s huge N4trn turnover fails to lift profit of N48bn

…as forex impact raises cost of operations Riding on the back of the recent acquisition of onshore oil and gas assets of Eni’s subsidiary in Nigeria, Nigerian Agip Oil Company (NAOC), higher crude oil and natural gas production, improved prices, and the …

Source: Business Hallmark - Neutral
Published on Feb 3, 2025

Budget: FG to earn N60trn from 3 agencies against N34trn target

– Possibility of budget surplus is academic – Dr. Nwani Federal government’s top revenue agencies, the Federal Inland Revenue Service (FIRS), the Nigerian National Petroleum Company (NNPC) Limited, and the Nigeria Customs Service (NCS), may hit N60.9trn …

Source: Business Hallmark - Neutral
Published on Feb 3, 2025

Tariff hike: CSOs suspends protest after meeting with NCC

The National Civil Society Council of Nigeria has suspended its planned protest against the recent 50 per cent increase in telecom tariffs following a high-level engagement with the Nigerian Communications Commission. The decision, announced during a press …

Source: Punch - Uncategorized

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Published on February 5, 2025 - 08:58 GMT

Robotic Wheelchair Market Enhancing Mobility Through Advanced Robotics Market | Exactitude Consultancy

Robotic Wheelchair: Aging population and rising need for advanced mobility solutions propel market growth CALIFORNIA, CA, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- "Powering Your Success with Comprehensive Market Insights" …

Distribution channels: Business & Economy, Healthcare & Pharmaceuticals Industry ...
Published on February 5, 2025 - 08:57 GMT

Communications Interface Market Bridging Devices for Industry 4.0 Growth Market | Exactitude Consultancy

Communications Interface: Rising need for seamless connectivity in smart devices and industrial automation drives demand CALIFORNIA, CA, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- "Powering Your Success with Comprehensive Market …

Distribution channels: Business & Economy, IT Industry ...

Published on February 5, 2025 - 08:58 GMT

Artificial Intelligence of Things Market Revolutionizing Smart Device Interactions Market | Exactitude Consultancy

Artificial Intelligence Of Things: Growing adoption of AI-integrated IoT for smart homes, cities, and industrial automation CALIFORNIA, CA, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- "Powering Your Success with Comprehensive …

Distribution channels: Business & Economy, IT Industry ...
Published on February 5, 2025 - 08:58 GMT

Cloud System Management Market Optimizing Resources for Digital Transformation Market | Exactitude Consultancy

Cloud System Management: Increasing reliance on cloud computing and hybrid IT infrastructures boosts demand CALIFORNIA, CA, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- "Powering Your Success with Comprehensive Market Insights…

Distribution channels: Business & Economy, IT Industry ...

Published on February 5, 2025 - 11:49 GMT

Acuity Trading Partners with Aquariux FintechQX to Transform Forex Trading

LONDON, UNITED KINGDOM, February 5, 2025 /⁨EINPresswire.com⁩/ -- Acuity Trading, a global leader in market sentiment analysis, has partnered with Aquariux Fintech’s AQX Trader, an innovative fintech software solutions company. This collaboration …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on February 5, 2025 - 09:00 GMT

Social and Emotional Learning (SEL): Emphasis on emotional intelligence in education and workplaces drives adoption

Social and Emotional Learning SEL Market Fostering Resilience in Education Systems Market | Exactitude Consultancy CALIFORNIA, CA, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- "Powering Your Success with Comprehensive Market …

Distribution channels: Business & Economy, IT Industry ...
Published on February 5, 2025 - 12:00 GMT

Dayforce Reports Fourth Quarter and Full Year 2024 Results1

Dayforce® recurring revenue of $347.9 million, up 19% year-over-year in the fourth quarter Total revenue of $465.2 million, up 16% year-over-year in the fourth quarter Full year 2024 net cash provided by operating activities of $281.1 million, up 28% …

Distribution channels: Business & Economy, Technology ...
Published on February 5, 2025 - 13:00 GMT

ITW Reports Fourth Quarter and Full Year 2024 Results

Fourth Quarter 2024 Highlights Revenue of $3.9 billion, a decrease of 1.3% as organic growth declined 0.5%; Organic growth of 0.4% turned positive excluding Product Line Simplification (PLS) reduction of 0.9% Record operating margin of 26.2%, an increase …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...

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Published on February 5, 2025 - 14:00 GMT

Verse.ai certified SOC 2 Type II compliant, maintaining high data security standards

Committed to compliance and data integrity, Verse.ai has been certified as SOC 2 Type II and SOC 3 compliant, meeting trust services criteria for data security. SAN DIEGO, CA, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- Verse.ai, an AI …

Distribution channels: Banking, Finance & Investment Industry, Insurance Industry ...
Published on February 5, 2025 - 14:00 GMT

Glendale Area Schools Credit Union Is Now Live with Aptys’ Real-Time Payments via FedNow® Service

Aptys revolutionizes payments with open APIs and leading-edge development toolkit, seamlessly integrating with any core or digital banking platform PLANO, TX 75204-7198, TX, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- Aptys Solutions, …

Distribution channels: Banking, Finance & Investment Industry, Companies ...
Published on February 5, 2025 - 14:00 GMT

Morae Highlights Valued Achievements of Newly Promoted Team Members

Five Senior Directors and two Managing Directors recognized for exceptional leadership, dedication, and innovation at Morae. HOUSTON, TX, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- Morae Global Corporation (“Morae”), the global leader …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on February 5, 2025 - 14:00 GMT

Alaska Airlines Extends Partnership with Volantio Through 2035

The airline will continue offering innovative travel flexibility through Volantio’s Re-Commerce Platform. ATLANTA, CA, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- Volantio Inc. (“Volantio”), a leader in AI-driven revenue and capacity …

Distribution channels: Aviation & Aerospace Industry, Banking, Finance & Investment Industry ...
Published on February 5, 2025 - 13:00 GMT

SENTRIQS Adds Utility Industry Veteran to Board of Directors

SAVANNAH, GA, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- SENTRIQS, a leading provider of ultra-secure collaboration and cryptography solutions, today announced that former Exelon EVP and COO Bridget Reidy has joined its Board of …

Distribution channels: Banking, Finance & Investment Industry, Energy Industry ...
Published on February 5, 2025 - 13:00 GMT

V Digital Services Launches New YouTube TV and YouTube Select Advertising Solutions

PHOENIX, AZ, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- V Digital Services, a leader in digital marketing solutions and innovation, is proud to announce the launch of YouTube TV and YouTube Select advertising solutions, marking a …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on February 5, 2025 - 12:53 GMT

Florida Small Businesses Embrace Outsourcing Accounting Services for Growth and Stability

Outsourcing accounting services for small businesses in Florida is helping owners reduce costs, stay compliant, and drive growth. MIAMI, FL, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- Miami, Florida, February 5, 2025 – As Florida’s …

Distribution channels: Banking, Finance & Investment Industry ...
Published on February 5, 2025 - 12:30 GMT

Verti CRE Expands Expertise with the Addition of Zeke Liston

COLUMBUS, OH, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- Verti Commercial Real Estate, the brokerage rewriting the rules of the real estate game, proudly welcomes Zeke Liston to it's elite team of brokers. With six years of …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on February 5, 2025 - 12:18 GMT

New York Businesses Boost Financial Stability with Outsourced Accounting Companies

Outsourced accounting companies in New York help businesses streamline finances, ensure compliance, and drive cost savings. MIAMI, FL, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- Miami, Florida, February 5, 2025 – As financial …

Distribution channels: Banking, Finance & Investment Industry ...
Published on February 5, 2025 - 12:16 GMT

Outsourced Bookkeeping and Accounting Services Revolutionize Florida Business Operations

Florida businesses turn to outsourced bookkeeping for efficiency, cost savings, and compliance with expert financial solutions. MIAMI, FL, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- Miami, Florida – February 5, 2025 – Florida …

Distribution channels: Banking, Finance & Investment Industry ...
Published on February 5, 2025 - 12:14 GMT

Washington Businesses Embrace Outsourced Bookkeeping Services to Streamline Finances and Drive Growth in 2025

Washington businesses are adopting outsourced bookkeeping to streamline finances, enhance growth, and ensure compliance. MIAMI, FL, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- Miami, Florida, February 5, 2025 - As businesses in …

Distribution channels: Banking, Finance & Investment Industry ...
Published on February 5, 2025 - 12:12 GMT

Buy Now Pay Later Market Boost Finance Sector By USD 115 billion by 2032, CAGR of 25.3%

Regionally, North America led the BNPL market in 2022, with a share exceeding 32% and generating revenues of around USD 4.6 billion... NEW YORK, NY, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- The global Buy Now Pay Later (BNPL) market …

Distribution channels: Banking, Finance & Investment Industry ...
Published on February 5, 2025 - 12:03 GMT

Outsourced Bookkeeping and Accounting Services Drive Growth for New Jersey Businesses

New Jersey businesses embrace outsourced bookkeeping to improve efficiency, ensure compliance, and drive long-term success. MIAMI, FL, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- Miami, Florida – February 5, 2025 – Amid rising …

Distribution channels: Banking, Finance & Investment Industry ...
Published on February 5, 2025 - 12:00 GMT

LoanPASS integrates with Fannie Mae’s Pricing & Execution Whole Loan Platform

New integration aimed to enhance accuracy and efficiency of loan pricing with real-time data retrieval from Fannie Mae MIAMI, FL, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- LoanPASS, a provider of loan decisioning and pricing …

Distribution channels: Banking, Finance & Investment Industry ...
Published on February 5, 2025 - 12:00 GMT

FICO® Board Member Announces Personal Investment and Advisory Role in Trust Science®

www.TrustScience.com Inc. is proud to announce that Joanna Rees, a distinguished Board Member of FICO has personally invested and joined its Board of Advisors. SAN FRANCISCO, CA, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- www. …

Distribution channels: Automotive Industry, Banking, Finance & Investment Industry ...
Published on February 5, 2025 - 12:00 GMT

Permutable AI Launches GenAI Digital Trading Analyst for Commodities Markets

Permutable AI unveils its GenAI-powered Analyst View, enhancing Trading Co-Pilot with geolocation filters & AI-driven insights for commodities traders. LONDON, MIDDLESEX, UNITED KINGDOM, February 5, 2025 /⁨EINPresswire.com⁩/ -- Permutable AI, …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on February 5, 2025 - 11:49 GMT

Acuity Trading Partners with Aquariux FintechQX to Transform Forex Trading

LONDON, UNITED KINGDOM, February 5, 2025 /⁨EINPresswire.com⁩/ -- Acuity Trading, a global leader in market sentiment analysis, has partnered with Aquariux Fintech’s AQX Trader, an innovative fintech software solutions company. This collaboration …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on February 5, 2025 - 11:15 GMT

HSI Releases New Artificial Intelligence Capabilities, Strengthening Leadership Position Among EHS AI Offerings

The latest capabilities are part of a series of advancements focused on improving training in the workplace FRISCO, TX, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- HSI, a global leader in EHSQ & ESG software solutions, safety …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on February 5, 2025 - 10:30 GMT

Top Journalist, Racial Justice Champion Bankole Thompson Keynotes Nation's DEI Leaders Historic Summit

DETROIT, MI, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- How are cities that have Diversity, Equity and Inclusion Departments going to fare in the era of the anti-DEI campaign? Do they have a strategy for navigating the current …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on February 5, 2025 - 10:17 GMT

Live Executive Presentation for Creatio.ai — AI-Native Automation that Makes the Work Flow

Join the digital event on March 11 to discover how Creatio.ai reimagines CRM automation with agents and advanced AI skills BOSTON, MA, UNITED STATES, February 5, 2025 /⁨EINPresswire.com⁩/ -- Creatio, a global vendor of an AI-Native platform to …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...