play_arrow

keyboard_arrow_right

Listeners:

Top listeners:

skip_previous skip_next
00:00 00:00
playlist_play chevron_left
volume_up
Go to album
  • play_arrow

    Kapital FM 92.9 The Station that Rocks!

Business

73 Results / Page 4 of 9
Background
insert_link

Business

Insecurity: Military Blames Forex, Demands Special Court For Terrorists

The Chief of Defence Staff, Major General Christopher Musa, on Tuesday lamented the delay in the trial of suspected Boko Haram members, saying there should be a special court for terrorists. Musa, who stated this when he alongside other security chiefs, appeared before the House of Representatives on Tuesday for the commencement of a sectoral debate, justified the huge budget for arms purchase. The CDS explained that because Nigeria is […]

todayNovember 22, 2023 3

insert_link

Business

Nigerians, Industrious, Skilled, Well Educated – PBAT

  By Abdullah Bello President Bola Tinubu has told international investors that apart from Nigeria's natural resources, Nigerians, who are highly educated, highly skilled, and naturally industrious, are the primary asset and advantage the country wields. He made the speech at a panel discussion in Berlin, Germany, titled, Fostering Local Value Chains and Investments in Africa - The Role of the German Private Sector at the G20 Compact with Africa […]

todayNovember 21, 2023 6

insert_link

Business

Nigeria’s Pursuit For German Investment Focused On Energy, Transport

  By Abdullah Bello President Bola Tinubu has, on the sidelines of the G20 Compact with Africa Economic Conference, met with German Chancellor, Olaf Scholz, where he noted that Nigeria's pursuit of German investment was focused on energy, transportation, and electric power production, transmission, and distribution. Recognising the success of Siemens AG in transforming the Egyptian electric power supply, the President noted that under his leadership, the staggered and unsteady […]

todayNovember 21, 2023 7

insert_link

Business

Naira Crashes To 1,030/$

The naira crashed against the dollar on Monday, falling to 1, 030/$ on the average in the parallel market, losing the momentum it gathered last week. This represents a N80 loss or a 8.42 per cent decline of the local currency compared to the N950 it closed the week at last Friday. This is also the first time the naira is falling since the Central Bank of Nigeria began to […]

todayNovember 7, 2023 4

insert_link

Business

‘Crypto King’ Sam Bankman-Fried Guilty Of FTX Fraud

Sam Bankman-Fried, who once ran one of the world's biggest cryptocurrency exchanges, has been found guilty of fraud and money laundering at the end of a month-long trial in New York. The jury delivered its verdict after less than five hours of deliberations. It concludes a stunning fall from grace for the 31-year-old former billionaire and one of the most public faces of the crypto industry. Bankman-Fried was arrested last […]

todayNovember 3, 2023 7

insert_link

Business

Business Owners Groan As Operation Costs Skyrocket

An increasing number of Nigerian businesses are feeling the strain of the increasing costs of production, largely due to the removal of subsidies on petrol and diesel.  As a result, the costs of petrol and diesel continue to climb, causing production expenses to surge. This unpleasant situation has become a cause of worry for some operators that their businesses might fold up if the government fails to intervene urgently. President […]

todayOctober 19, 2023 16

insert_link 2

Business

IMF Proposes More Taxes After Subsidy Removal

The International Monetary Fund, on Friday, said for Nigeria’s fuel subsidy removal policy and foreign exchange unification initiative to translate to economic growth and stability, the Federal Government must collect more taxes to fund the national budget and pay public debts. The IMF Africa Department Director, Abebe Selassie, made the position known during a press briefing on the Sub-Saharan Africa Regional Economic Outlook at the ongoing World Bank Group/International Monetary […]

todayOctober 14, 2023 13 2

insert_link

Business

Forex Market : CBN Lifts Ban On All 43 Items

The Central Bank of Nigeria has removed the restriction it placed on access to official foreign exchange market for importation of 43 items, 9 years after. The statement assures that the apex bank will continue to intervene at the official foreign exchange market to meet the rising demand. It says the CBN is actively working to address the existing backlog of foreign exchange transactions. Although the value of the naira […]

todayOctober 13, 2023 1

insert_link

Business

CBN Raises Dollar Supply, Lifts Ban On Cement, 42 Items

The Central Bank of Nigeria has said it is raising dollar supply in the foreign exchange market, just as it also lifted the ban on 43 items that were previously not qualified for forex at the official market. The decision came after the naira tumbled to 1,050/$ at the parallel market on Thursday, following pressure from international organisations and experts. The PUNCH earlier noted that despite unifying exchange rates, the […]

todayOctober 13, 2023

0%