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AE-FUNAI

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AE-FUNAI Department of Economics Sets Agenda for Sustainable Economic Development in Africa

By momohjimohs82@gmail.com

May 13, 2025

The Department of Economics and Development Studies, Alex-Ekwueme Federal University Ndufu-Alike, AE-FUNAI ,Ebonyi State, has set Sustainable Economic Development agenda for African countries at its 3rd International Hybrid Conference held at the Theatre Arts Auditorium...

Tinubu fully repays $3.4bn IMF loan, Nigeria removed from debtors’ list

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Tinubu fully repays $3.4bn IMF loan, Nigeria removed from debtors’ list

By momohjimohs82@gmail.com

May 8, 2025

The Federal Government of Nigeria has fully repaid its $3.4 billion loan to the International Monetary Fund (IMF), resulting in the country’s removal from the global financial body’s list of debtor nations. According to newly released data...

Naira falls to N1,612/$1 at official market

Naira falls to N1,612/$1 at official market

By momohjimohs82@gmail.com

May 8, 2025

The Nigerian naira continued its downward trend at the official Nigerian Foreign Exchange Market (NFEM), closing at N1,612 per dollar on Wednesday, May 7, 2025. This marks a slight depreciation from N1,609/$1 recorded the previous day, according...

NLNG May Increase Market Gas Supply By 12% — Report

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NLNG May Increase Market Gas Supply By 12% — Report

By momohjimohs82@gmail.com

May 7, 2025

Nigeria LNG, Africa’s leading liquefied natural gas producer, is poised to experience a 12 per cent increase in its gas supply once a deal with Seplat Energy goes into effect, a top executive at the...

MTN Nigeria Declares N133.7bn Profit In Q1 2025

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MTN Nigeria Declares N133.7bn Profit In Q1 2025

By momohjimohs82@gmail.com

May 6, 2025

MTN Nigeria Communications Plc has declared a profit after tax of N133.7 billion for the first quarter (Q1) ended March 31, 2025, from a loss of N392.7 billion recorded in the first quarter of 2024. ...

BANXA’s KYB approval unlocks Pi coin purchases in over 100 countries

BANXA’s KYB approval unlocks Pi coin purchases in over 100 countries

By momohjimohs82@gmail.com

May 5, 2025

BANXA, a leading crypto on-ramp platform, has received Know Your Business (KYB) approval, paving the way for legal Pi coin purchases in more than 100 countries. BANXA This marks an advancement for the Pi Network’s...

BANXA’s KYB approval unlocks Pi coin purchases in over 100 countries

Pi Network Launches Mainnet Wallet Activation Feature

By momohjimohs82@gmail.com

May 5, 2025

Pi Network brings a new Mainnet wallet activation feature to eliminate barriers that help verified users access the Pi Mainnet. This new feature enables identity-verified users, including both fully KYC’d and most tentatively KYC’d pioneers,...

GTBank hikes SMS alert fee to ₦6

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GTBank hikes SMS alert fee to ₦6

By momohjimohs82@gmail.com

April 30, 2025

The Guaranty Trust Bank (GTBank) has announced an increase in its SMS transaction alert fee from ₦4 to ₦6 per message, effective Thursday, 1 May 2025. The bank disclosed this in a notice sent to...

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Tribunal upholds FCCPC’s $220m fine against Meta

By momohjimohs82@gmail.com

April 27, 2025

The Competition and Consumer Protection Tribunal has ordered WhatsApp and Meta Platforms Incorporated to pay a $220m penalty and $35,000 to the Federal Competition and Consumer Protection Commission within 60 days over data discrimination practices...

naira dollar exchange rate appreciation

Naira appreciates to N1,600/$ in parallel market

By momohjimohs82@gmail.com

April 26, 2025

The naira recorded its highest appreciation against the dollar in both the parallel and official foreign exchange markets, ending the week on a positive note. Exchange data from a Bureau de Change operator in Wuse...

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