New CBN PoS deployment and usage rules
abokimallamfx The Central Bank of Nigeria (CBN) is taking steps meant to get more people embrace e-payment channels, especially Point of Sale (PoS) machine. The Nigeria Interbank Settlement System (NIBSS) data…
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December 2019 Exchange Rate
Nigerian (Naira) Currency Exchange Rate For | Dollar | Pounds | Euro & Other. DATE Countries & Currency Qnty Curr. Flags BUY SELL 30.12.2019 United States Dollar $1 USD ₦358…
South Africa Petrol Price Going Down, Diesel Going Up in January- Minister of Mineral Resources and Energy
South Africa Minister of Mineral Resources and Energy, Gwede Mantashe announced on Saturday that Petrol (both 93 ULP and LRP) will go down by 4 cents per litre on Wednesday…
Fuel Subsidy in Five Days Gulps N12.7bn
THE Federal Government, through the Nigerian National Petroleum Corporation, NNPC, spent N12.69 billion to subsidise Premium Motor Spirit, PMS, in five days, between Monday, December 16 and Friday, December 20,…
Border Closure: FG Reaches Agreement with Benin Republic and Niger on Border Reopening
kindly visit abokimallamfx.com for more daily and breaking business news. Daily currency exchange rates and converter. Please like and share The Minister of State for Industry, Trade and Investment, Mariam…
N9.58tr pension fund threatened
There are strong fears that Nigeria’s N9.5 trillion pension fund assets may in the nearest future be depleted by inflation. The Nation reported that the fund’s value has been eroded…
NSE records first gain in December
The gains recorded in medium and large capitalised stocks, amongst which are; MTN Nigeria, CI Leasing, Flour Mills of Nigeria, United Bank for Africa and UACN impacted positively on the…
South Africa Airways goes into bankruptcy, receives 4 billion rand rescue
South Africa Airways last made a profit back in 2011 and has ever since 1994 been racking up unsustainable levels of debt topping 57 billion rand ($3.9billion). It used to…