Business

Dollar To Naira Rate Today March 13, 2024 The Eagle reports that black market operators in Lagos, Abuja and Ibadan are trading the dollar to Naira at N1610/$ as against N1620/$ traded yesterday. The Central Bank of Nigeria (CBN Meanwhile, here are the amounts traded in some commercial banks: Access Bank trades Dollar to Naira at N1450/$ Fidelity Bank trades Dollar to Naira at N1500/$ Union Bank trades Dollar To Naira at N1500/$

Dollar To Naira Rate Today March 13, 2024

What is the black market Dollar To Naira rate today, March 13, 2024? The Eagle reports that black market operators in Lagos, Abuja and Ibadan are...

Business2 years ago

Dollar To Naira Rate Today March 12, 2024

What is the black market Dollar To Naira rate today, March 12, 2024? The Eagle reports that the dollar to naira exchange rate today March 12,...

Here's Why Only 11 States Can Pay Salaries This Year Without...

Business2 years ago

Here’s Why Only 11 States Can Pay Salaries This Year Without…

Findings have revealed that only 11 states in the federation can pay civil servants’ salaries without depending on budget allocations from the Federal Government. According to...

The Alternative Bank Fosters Rural Economic Growth in Katsina

Business2 years ago

The Alternative Bank Fosters Rural Economic Growth in Katsina

The Katsina State Government via the State Governor, His Excellency, Dikko Radda, has aligned with The Alternative Bank’s mission to support rural economies through innovative financial...

NIN-SIM: How To Retrieve Your Barred Mobile Phone Numbers

Business2 years ago

NIN-SIM: How To Retrieve Your Barred Mobile Phone Numbers

Has your line been barred for failing to link to the National Identity Numbers? Do not fret, there is still a glimpse of hope to redeem...

Business2 years ago

Amidst Night Of Tributes For Wigwe, 5 Die In Another Plane Crash In Us

Amidst a”Night of Tributes For Wigwe” a symbolic respect for late Chief Executive Officer of Access Corporation Plc, Herbert Wigwe, yesterday, another five lives were lost...

BREAKING: Binance to depart Nigerian market, ends services in local currency

Business2 years ago

BREAKING: Binance to depart Nigerian market, convert naira to USDT

Binance will discontinue all services for Nigeria’s fiat currency, the naira, amid an ongoing regulatory conflict in the country. The crypto exchange will automatically convert naira...

Business2 years ago

BREAKING: Ghana Central Bank suspends FX licences of GTB, FirstBank

The Bank of Ghana has suspended the foreign exchange trading licenses of Guaranty Trust Bank Ghana Limited (GTB) and FBN Bank Ghana Limited (FBN) for one...

Transcorp Power Plc, a prominent player in Nigeria's power generation industry, has surprised the market with its unforeseen early listing on the Nigeria Exchange Limited (NGX). The company commenced trading on the NGX by introducing 7.5 billion ordinary shares at N240 per share, far ahead of the projected timeline set by the Chairman of its parent company, Tony Elumelu. Its listing was conducted via introduction, as Transcorp Power reaffirmed its commitment to raising additional capital through a forthcoming public offering at the earliest opportunity. Elumelu assured the capital market that more shares would be made available for trading as the day progressed. The listing of Transcorp Power’s shares is set to inject approximately N1.8 trillion into the market capitalization of the local bourse. Elumelu said, “Transcorp Power met 100% of the listing requirement and at the moment 40 million of the shares were made available. Additional shares would be provided. Existing shareholder in the company will offer a portion of their ordinary shares in order to create liquidity in the market and enable institutional investors and members of the investing public to acquire shares in the company”. Speaking at the fact behind the Company’s figures held at the Exchange, the Chairman, Transcorp Power Plc, Emmanuel Nnorom, said: “Following this listing, Transcorp Group now have two subsidiaries listed on the NGX, demonstrating further its commitment to creating value for the Nigerian public and catalyzing economic growth in Nigeria. Transcorp Group will continue to maintain a significant holding in Transcorp Power Plc.”

Business2 years ago

Transcorp Power Plc Shocks Market with Early Listing on NGX

Transcorp Power Plc, a prominent player in Nigeria’s power generation industry, has surprised the market with its unforeseen early listing on the Nigeria Exchange Limited (NGX)....

Business2 years ago

‘My friend, My Brother, My Mentee” – Dangote Weeps As He Gives Tribute To Wigwe

Aliko Dangote has chosen to honor the late banking icon, Herbert Wigwe, by naming a significant road leading to the Dangote Refinery after him. Dangote made...

The Eagle

Dollar To Naira Rate Today March 13, 2024

Dollar To Naira Rate Today March 12, 2024

Here’s Why Only 11 States Can Pay Salaries This Year Without…

The Alternative Bank Fosters Rural Economic Growth in Katsina

NIN-SIM: How To Retrieve Your Barred Mobile Phone Numbers

Amidst Night Of Tributes For Wigwe, 5 Die In Another Plane Crash In Us

BREAKING: Binance to depart Nigerian market, convert naira to USDT

BREAKING: Ghana Central Bank suspends FX licences of GTB, FirstBank

Transcorp Power Plc Shocks Market with Early Listing on NGX

‘My friend, My Brother, My Mentee” – Dangote Weeps As He Gives Tribute To Wigwe

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