Markets

CBN licenses 400 financial agents in Kogi

The Central Bank of Nigeria has authorized 400 financial agents to facilitate access to the new banknote design in rural areas. CBN said this would allow residents of rural Kogi to meet the January 31 deadline, allowing them to finally retire their old banknotes from circulation. At Elulu Mopa Palace Thursday, CBN Oba’s chief strategy officer Julius Joledo Oluranti Buari said people can…
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EconomyMarkets

The FCTA limits PoS operators to commercial areas.

The Federal Capital Territory has ordered terminal operator Pointmof Sales to limit operations to commercial areas only. Speaking to reporters in Abuja on Wednesday, Abuja Metropolitan Government Commission Coordinator Umar Shuaibu said the government would not allow PoS operators to illegally occupy important areas except for commercial purposes. Shuaibu said the operators’ indiscriminate…
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Economy

FG paid Ajaokuta $446 million in legal debt.

Information and Culture Minister Lai Mohammed said the federal government had paid a total of $446 million to pay off Ajaokuta Steel Company’s statutory debt. He made the announcement on Thursday during the opening of the 19th round of the 2015 to 2023 Cabinet…
MagazineMarkets

The January issue of Ranks Business Magazine features Entrepreneur Henry Orakwue Groovy

Do you aspire to financial success? Most people probably do, although it is well-known that it is not an easy endeavor. Henry Orakwue “Groovy” For the majority of us, the widening wealth gap between the rich and the poor makes it seem unattainable, but 26-year-old Henry Olisaemeka Orakwue, a model since 2014 and one of the most sought-after brand influencers, can teach you how. Groovy…
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Brands & PeopleTechnology

Eni AdeOluwa, a brand influencer, shares 10 things he learned in 2022 that will help you in 2023. 

Eni AdeOluwa, one of Nigeria’s most innovative brand influencers at the moment, inspires people to use their skills to start businesses on social media. Eni Adeoluwa He recently imparted some knowledge that is worth studying and that everyone thriving in 2023 could find useful. Read below: 10 things I learned in 2022 that could help your 2023 from a Young Person who some call…
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