Victor Enengedi
1121 articles published since 04 Oct 2022
1121 articles published since 04 Oct 2022
The Central Bank of Nigeria (CBN) has implemented restrictions on dollar transactions and payments within the Pan-African Payment and Settlement System (PAPSS).
DisCos in Nigeria may eventually settle for a 25% hike in electricity tariff if the NERC and other stakeholders refuse to agree to a 40% proposed increase.
Tosin Osunkoya has stated that the decision of the CBN's MPC to raise the benchmark interest rate demonstrates its concern about the consequences of inflation.
Oba Otudeko, Femi Otedola and Tunde Hassan-Odukale are the top 3 shareholders in First Bank of Nigeria and together, the billionaires control about 23% stake.
From the removal of subsidies to the adoption of alternative energy sources, several factors have contributed to the reduction in fuel consumption in Nigeria.
Fraud epidemic as Nigerian banks and their customers experience over 12,000 cases of fraud through mobile, ATM, PoS and other transactions in three months.
Oba Otudeko, the chairman of Honeywell Group is an accomplished entrepreneur and investor who has founded many successful Nigerian companies in over 5 decades.
In the first quarter of 2023, losses to fraud and forgeries amounted to nearly N1bn, incurred through a range of payment channels and transaction instruments.
Dangote Cement has carried out a share buyback program to acquire 168m of its own shares either from the open market or directly from existing shareholders.
Victor Enengedi
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