He also projected that there will be less revenue from oil exports next year.
The post Nigeria’s Inflation and Exchange Rate To Decline In 2024, Says Central Bank Chief Cardoso appeared first on Arise News.
Category: Business
Meta’s Threads Social Media App Finally Launches in the EU Amid Regulatory Hurdles
Initially released to much fanfare, Threads garnered over 100 million users in its first week, only to see a decline in numbers shortly after.
The post Meta’s Threads Social Media App Finally Launches in the EU Amid Regulatory Hurdles appeared first on Arise News.
More Nigerians To Lose Their Jobs As Jumia Food Exits Nigeria By End Of December
Shortly after Procter and Gamble, a renowned multinational company, announced plans to exit Nigeria, famous food-hailing service, Jumia Food announced that it would be leaving Nigeria at the end of 2023. Naija News reports that the development further raises concerns regarding the number of Nigerians who will be rendered jobless as a result of the mass […]
The post More Nigerians To Lose Their Jobs As Jumia Food Exits Nigeria By End Of December appeared first on Naija News.
Jumia Food Exits Nigeria, Other African Markets
In a surprising move that reverberated across the African e-commerce landscape, Jumia, the leading online retailer on the continent, has announced its decision to close down its food delivery service, Jumia Food, by the end of December 2023. This unexpected withdrawal creates a significant void in the thriving African food delivery market, prompting speculation about […]
The post Jumia Food Exits Nigeria, Other African Markets appeared first on Naija News.
More employers hiring from social media – Report
A new report published by the Chartered Institute of Human Resource Management and auditing firm, KPMG Ghana has shown a
Naira Scarcity Triggers 100% Increase In PoS Service Costs Nationwide
Point-of-sale operators nationwide have implemented a 100% increase in their service charges, a direct response to the prevailing Naira scarcity. The newly elected secretary of the Association of Mobile Money and Agent Banking Industry in Nigeria, Elegede Segun, confirmed this development during a conversation with DAILY POST on Tuesday. Attributing the surge in fees charged […]
The post Naira Scarcity Triggers 100% Increase In PoS Service Costs Nationwide appeared first on Naija News.
Concerns Mount As Naira Hits N1,200 At Parallel Market, N1,099 At Official Window
Analysts attributed the weakening of the exchange rate to the activities of currency hoarders.
The post Concerns Mount As Naira Hits N1,200 At Parallel Market, N1,099 At Official Window appeared first on Arise News.
Access Bank UK Granted Approval To Commence Operations In Hong Kong
“This license is a testament to our unwavering commitment, strategic foresight, and resilience over the past decade,” said Herbert Wigwe.
The post Access Bank UK Granted Approval To Commence Operations In Hong Kong appeared first on Arise News.
High Inflation Raises Social Risk In Nigeria – Moody Reveals
On Friday, Moody’s, a worldwide rating agency, revealed on its website that the nation’s rising inflation is putting strain on government spending and increasing the likelihood of societal unrest. Naija News reports that the agency revised its assessment of Nigeria, citing potential improvement in the nation’s external and fiscal positions as a result of recent […]
The post High Inflation Raises Social Risk In Nigeria – Moody Reveals appeared first on Naija News.