The Central Bank of Nigeria sold FX to 29 Authorised Dealer Banks, ensuring liquidity at rates between N1470.00/$1 and N1510.00/$1.
The post CBN Sells $148m to Authorised Dealers to Support Nigerian Forex Market appeared first on Arise News.
Category: Business
Food retailer eyeing up vacant showroom on Blackpool Road
Mystery surrounds the identity of a food retailer that is eyeing up a vacant car showroom in Preston for a new outlet. Plans have been submitted to Preston City Council […]
OpenAI Challenges Google With Launch Of AI-Powered SearchGPT
OpenAI has launched SearchGPT, an AI-powered search engine, challenging Google’s dominance and integrating with ChatGPT for enhanced results.
The post OpenAI Challenges Google With Launch Of AI-Powered SearchGPT appeared first on Arise News.
Moody’s Raises Concerns Over Nigeria’s Proposed Windfall Tax on Bank’s Foreign Exchange Gains
Moody’s ratings has estimated Nigeria’s windfall tax to yield 0.3% of 2024 GDP, a marginal and temporary revenue measure, pending approval.
The post Moody’s Raises Concerns Over Nigeria’s Proposed Windfall Tax on Bank’s Foreign Exchange Gains appeared first on Arise News.
Tilewa Adebajo: Dangote Refinery’s Success Can Reduce Inflation Through Energy Security Stabilisation
CFG Advisory CEO Tilewa Adebajo says Dangote Refinery’s success can help reduce inflation in Nigeria and boost productivity.
The post Tilewa Adebajo: Dangote Refinery’s Success Can Reduce Inflation Through Energy Security Stabilisation appeared first on Arise News.
Alphabet Exceeds Q2 Expectations, Driven By Digital Ads, Cloud Computing
Alphabet has beaten Q2 estimates, driven by digital ad sales and cloud computing growth, with net income rising 28.6% to $23.6 billion.
The post Alphabet Exceeds Q2 Expectations, Driven By Digital Ads, Cloud Computing appeared first on Arise News.
CBN Hikes Interest Rate To 26.75%, Retains CRR And Liquidity
The CBN has raised the Interest rate by 50 basis points to 26.75% from 26.25%.
The post CBN Hikes Interest Rate To 26.75%, Retains CRR And Liquidity appeared first on Arise News.
Will Keir Starmer scrap the two-child benefit cap?
PM signals ‘change in tone’ as Labour rebels prepare to back amendment calling for immediate end to controversial ‘social cleansing’ policy
Boeing Scales Back Farnborough Air Show Amid Safety and Production Crises
Boeing has scaled back its Farnborough Air Show presence amid ongoing safety issues, while Airbus showcased its new A321XLR.
The post Boeing Scales Back Farnborough Air Show Amid Safety and Production Crises appeared first on Arise News.
NAIT grad starts snowboarding outerwear brand to fit women of all sizes
A recent graduate of the Northern Alberta Institute of Technology is the proud owner of a snowboarding apparel company. Read