WITH limited exposure to global standards, subpar customer service culture, and inadequate regulatory support, the 2024 EAH Service Excellence Conference seeks to provide actionable insights to tackle pressing challenges faced by Nigeria’s service sector, and drive improvement across industries. As the service sector plays a crucial role in economic development, …
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THE Central Bank of Nigeria said it will maintain its Ways and Means advances to the federal government at a 5 percent maximum benchmark for the 2024-2025 fiscal year. The apex bank disclosed this in a document titled, ‘Monetary, credit, foreign trade, and exchange policy guidelines for the fiscal years …
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By Gbemisola Ogunseye In a Nigeria grappling with inflation that erodes the purchasing power of its citizens and where startups wither under financial strain, one might mistake GTBank’s recent declaration of a staggering N1 trillion profit as a beacon of corporate triumph. But this is no triumph. Rather, it is …
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THE central parity rate of the Chinese currency renminbi, or the Yuan, weakened 46 pips to 7.1182 against the dollar on Wednesday. This is according to the China Foreign Exchange Trade System. https://newsextra24.com/delta-child-rights-amendment-bill-passes-second-reading/ In China’s spot foreign exchange market, the Yuan is allowed to rise or fall by two per …
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WHAT is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? See the black market Dollar to Naira exchange rate for 5th September, below. You can swap your dollar for Naira at these rates. How much is a dollar to naira …
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A Nigerian businessman, Dozy Mmobuosi, has reacted to the fine of $250 million imposed on him by a federal court in the United States of America. The businessman, who had wanted to buy English football club Sheffield United, also had other penalties imposed on him. This included being barred from …
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NIGERIA through the Securities and Exchange Commission (SEC) announced on Thursday that it has granted “Approval-in-Principle” to two digital asset exchanges under its Accelerated Regulatory Incubation Program (ARIP). The Commission said the move aligns with its ongoing efforts to foster innovation in the capital market while ensuring investor protection. The …
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WITH a strong focus on quality, local content, and innovation, Hammakopp Consortium, a leading construction and engineering firm, has stated that it is rapidly positioning itself as a preferred partner for infrastructure development in Nigeria. This, as it restated its commitment to local content development by engaging its local community …
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Azman Air says it will resume operations as soon as it finalises its aircraft maintenance. According to reports, the airline had announced the suspension of its operations indefinitely, citing financial difficulties. The airline was also said to be experiencing a shortage of aircraft and had sent its staff on leave without pay. …
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Morocco’s annual inflation, measured by the consumer price index, dropped to 1.3 per cent in July 2024 from 1.8 per cent in June. Morocco’s statistics agency announced this on Monday, August 19, 2024. Food prices, the main driver for inflation, rose 0.5 per cent from a year earlier, while …
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