Bunmi Bailey, Author at Businessday NG https://businessday.ng/author/bailey-oluwabunmi/ Wed, 26 Apr 2023 05:53:54 +0000 en-US hourly 1 188198514 Transition to cashless payment system require concerted efforts – Adeoti https://businessday.ng/interview/article/transition-to-cashless-payment-system-require-concerted-efforts-adeoti/ https://businessday.ng/interview/article/transition-to-cashless-payment-system-require-concerted-efforts-adeoti/#respond Wed, 26 Apr 2023 05:53:54 +0000 https://businessday.ng/?p=724721 Femi Adeoti, GMD, Routelink Group

Femi Adeoti, the group managing director at Routelink Group, a Nigerian ICT solutions provider, in this interview with BUNMI BAILEY discusses Nigeria’s digital payment landscape, fraud protection and opportunities for investors in the country’s digital space among others. Excerpts: Cash is king in Nigeria, and despite the Central Bank of Nigeria (CBN)’s cashless policy, a […]

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]]> https://businessday.ng/interview/article/transition-to-cashless-payment-system-require-concerted-efforts-adeoti/feed/ 0 724721 Nigeria’s unemployment figure seen dropping on NBS’ new methodology https://businessday.ng/analysis/article/nigerias-unemployment-figure-seen-dropping-on-nbs-new-methodology/ https://businessday.ng/analysis/article/nigerias-unemployment-figure-seen-dropping-on-nbs-new-methodology/#respond Wed, 26 Apr 2023 02:20:29 +0000 https://businessday.ng/?p=724474 Unemployment

The updated methodology for Nigeria’s labour force survey by the National Bureau of Statistics (NBS) could reduce the country’s unemployment figure for the fourth quarter of 2022, analysts have said. Last week, the NBS said it was changing the way it measured unemployment and employment and would release new unemployment and employment data for Africa’s […]

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]]> https://businessday.ng/analysis/article/nigerias-unemployment-figure-seen-dropping-on-nbs-new-methodology/feed/ 0 724474 LandWey floats N20bn commercial paper to boost expansion https://businessday.ng/companies/article/landwey-floats-n20bn-commercial-paper-to-boost-expansion/ https://businessday.ng/companies/article/landwey-floats-n20bn-commercial-paper-to-boost-expansion/#respond Tue, 25 Apr 2023 20:57:53 +0000 https://businessday.ng/?p=724659 LandWey

LandWey Investment Limited, a real estate investment company in Nigeria, has signed a N20 billion commercial paper (CP) approved by the FMDQ Securities Exchange Limited. The official signing ceremony, which took place last Wednesday, at the company’s headquarters in Lagos, was witnessed by company executives and professional partners including Pathway Advisors Limited, STL Trustees Limited, […]

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]]> https://businessday.ng/companies/article/landwey-floats-n20bn-commercial-paper-to-boost-expansion/feed/ 0 724659 Lagos lost 100 dollar millionaires in one year https://businessday.ng/news/article/lagos-lost-100-dollar-millionaires-in-one-year/ https://businessday.ng/news/article/lagos-lost-100-dollar-millionaires-in-one-year/#respond Mon, 24 Apr 2023 10:04:29 +0000 https://businessday.ng/?p=724239

Lagos, a major commercial hub in Nigeria has lost a total of 100 dollar millionaires in one year, a new report shows. According to the latest Africa Wealth Report by Henley and Partners, a London investment migration consultancy, although Lagos retained its previous position as Africa’s fourth wealthiest city, its number of resident millionaires dropped […]

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]]> https://businessday.ng/news/article/lagos-lost-100-dollar-millionaires-in-one-year/feed/ 0 724239 Nigeria’s March inflation beats analysts’ expectations https://businessday.ng/business-economy/article/nigerias-march-inflation-beats-analysts-expectations/ https://businessday.ng/business-economy/article/nigerias-march-inflation-beats-analysts-expectations/#respond Sat, 22 Apr 2023 09:01:45 +0000 https://businessday.ng/?p=724032 Inflation rate

Nigeria’s headline inflation rose for the third straight month in March, largely driven by higher food and non-alcoholic beverages costs. According to data released by the National Bureau of Statistics (NBS) on Saturday, the inflation rate quickened to a new 17-year high of 22.04 percent from 21.91 percent in the previous month. On a year-on-year […]

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