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The exchange rate between the naira and the US dollar traded for an average of N755/$1 on Tuesday, 14 February 2023, representing a 0.66% depreciation when compared to N750/$1 recorded in the previous trading session. This is according to information provided by parallel market dealers to RateCaptain. However, the exchange rate at the cryptocurrency P2P exchange depreciated on Tuesday to trade at a minimum of N753/$1, from N750/$1 recorded on Tuesday’s trading session. The Investors and Exporters window closed at N461.00/$1 on Tuesday, 14 February 2023, representing a 0.11% appreciation compared to .... https://ratecaptain.com/naira-depreciates-to-n755-in-the-parallel-market/ |
Most Nigerians are struggling to grow their businesses due to a lack of knowledge about the important steps necessary for building a profitable business. This is especially true in rural areas, where access to resources and information can be limited, making it difficult for entrepreneurs to gain the skills they need. In order for Nigerian businesses to thrive, there must be an understanding of what it takes not only to start but also to sustain a successful venture. Building a profitable business requires careful planning, dedication, and hard work to ensure success. Several factors must be taken into consideration when scaling a business quickly in Nigeria, such as the current market conditions and customer demand. Additionally, it is important to have an effective marketing strategy in place that will help increase brand visibility and awareness among potential customers. Valentine Nyaira, a business growth strategist, digital marketer, and CEO of The Blindspot TV. has given three unique approaches to building a profitable business. Which are: Focusing on customer service and satisfaction: This means providing excellent customer service to existing customers and ensuring that they have a positive experience ... https://ratecaptain.com/strategies-for-growing-a-profitable-business-in-nigeria/ |
All personal account transaction fees have been waived, according to Sterling Bank, as a show of support for its clients amid the recent naira scarcity issue. Abubakar Suleiman, the chief executive officer of Sterling Bank, informed clients of the news through email. The message reads, “We at Sterling recognise the difficult circumstances many of our customers are going through. In light of this, from February 6, 2023, through February 18, 2023, our fund transfer services will be provided free of ... https://ratecaptain.com/sterling-bank-waives-transaction-fees-over-naira-scarcity/ |
I will marry pos operator... na them dey rain now |
Lol... I wonder how we are going to survive ooo... |
The president of the Association of Corporate Affairs Managers of Banks has denied the claims of the governor of the Central Bank of Nigeria that commercial banks are hoarding the new naira note. This was revealed in a statement signed by ACAMB President Rasheed Bolarinwa and titled “Banks are not hoarding new naira; normalcy will return soon.” Godwin Emefiele, governor of the Central Bank of Nigeria, has blamed commercial banks for the scarcity of the new naira note. He claimed that banks are hoarding the money and selling it to their special customers; he also promised to sanction any bank that is found guilty of such an act. In response to this claim by the CBN governor, the president of the ACAMB published a statement in which he... https://ratecaptain.com/banks-deny-cbns-claims-of-hoarding-the-new-naira-notes/ |
For cool news...economic and financial news...visit: ratecaptain.com. https://twitter.com/RateCaptain?t=6H5cBUhlF8pUai8c5EORhw&s=09 |
The scarcity of the redesigned naira notes intensified over the week, frustrating many Nigerians as they scrambled to withdraw new naira notes. Most Automated Teller Machines (ATMs) are slow and the queues intensify across the country. There is so much chaos across the country, fighting erupting in certain areas, and most banks like Zenith bank are being vandalized by angry individuals who are willing to use any means necessary to take their money from the bank. On the other hand, Point-Of-Sales operators have used this situation to skyrocket their charges on cash transactions and set unreasonable limits on cash withdrawals for their own selfish interests. Most POS operators are charging about.... https://ratecaptain.com/charges-on-cash-transactions-skyrocketed-by-pos-agents/ |
Nigerians are lamenting over the hike in cash transaction charges imposed by point-of-sale operators (POS) despite the extension of the deadline announced by the Central Bank of Nigeria on Sunday 29, January 2023. The scarcity of the new naira notes has worsened as Nigerians are unable to get cash over the counters in banks and from the Automated Teller Machines (ATMs). POS operators have complained about the difficulties faced in obtaining new notes, as banks cannot meet the desperate needs of their customers. This has made point-of-sale operators look for other sources of obtaining the new notes, which they call “BLACK MARKET” in ... https://ratecaptain.com/pos-operators-claim-that-high-charges-were-attributed-to-the-usage-of-the-black-market/ |
Central Bank Governor finally appears before house of reps over naira redesign. The Central Bank Governor (CBN), Godwin Emefiele, appeared before the ad-hoc committee of the House of Representatives, which is investigating the scarcity of the new naira notes. The scarcity of the new notes forced the House of Representatives to set up an ad-hoc committee to resolve the difficulties between the CBN and commercial banks, despite the insistence of Emefiele that many of the banks were hoarding the notes. Emefiele had failed to appear before the lawmakers despite initial requests detailing in a series of letters that he was in the United States on an important assignment. Mr. Emefiele, while addressing the committee, explained that he had been out of the country thats why he was not able to honour previous invitations. Speaking about the redesign of the naira, he said the CBN’s ... https://ratecaptain.com/just-in-central-bank-governor-finally-appears-before-house-of-reps-over-naira-redesign/ |
Nigeria’s public debt stock increased from N42.84 trillion (103.31 billion dollars) in the second quarter of 2022 to N44.06 trillion (101.91 billion dollars) in the third quarter of 2022. The National Bureau of Statistics (NBS) in its Nigeria Domestic and Foreign Debt Report disclosed this information for Q3 2022. The report said Nigeria’s public debt stock... https://ratecaptain.com/nigerias-public-debt-stock-grew-to-2-84-in-q3-2022/ |
The federal capital territory administration (FCTA) has ordered point of sale (POS) operators to limit their operations to commercial zones.https://www.thecable.ng/insecurity-fcta-bans-pos-operators-from-residential-areas/amp
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The CBN has estimated that the currency note redesign will result in the return of over 2 trillion naira to banks. This information was gathered from the CBN governor, Godwin Emefiele while speaking to reporters in Abuja. The CBN began issuing redesigned 200, 500, and 1000 naira notes in mid-December 2022 as a way to mop up excess cash liquidity and take control of the money supply. The CBN governor in his statement noted that the Central Bank of Nigeria recorded over 1.5 trillion naira of old naira notes exchanged last week and hoped that the figures would continue to rise to over 2 trillion naira. Emefiele emphasizes that Nigeria’s cash in circulation has doubled since 2015 to 3.23 trillion naira; the findings show that people are hoarding cash and keeping vaults inside their houses, but they lack the proper permit to erect bank vaults there. The central bank governor urges.... https://ratecaptain.com/cbn-estimates-that-2-trillion-naira-in-cash-will-be-returned-to-banks/ |
Naira appreciated against the US dollar at the parallel market on Thursday morning, 26th January 2023, to trade at an average of N750/$1, representing a 0.27% marginal increase in contrast to an average of N753/$1 recorded on Wednesday morning. This is according to information provided by parallel market dealers to RateCaptain. In addition, the exchange rate at the cryptocurrency......... https://ratecaptain.com/naira-appreciates-to-n750-in-the-parallel-market/ |
Yes... I want to know from people that passed the aptitude test previously . Was the result declared on the app which the test was taken ? Or are we going to receive a mail.... and how long will it take b4 we receive another mail for those that passed the aptitude test. |
It was tough o... and if you leave the page for any reason....your time will be deducted. The time was fast than usually. 60 mins be like 40 mins.. mayb because how tough it was... |
Morning guys, Any body from the online aptitude test by 12 noon. up till now no upcoming exam. let try and put own information on this trend please than adding each other to group in order to get information. ![]() |
What about the customer care representative? Any call yet? They told us 24hrs or 48 hrs we should receive a message if accepted. So have they sent Any one any message? |
Pls, have any one receive a text of call for interview. For those that wrote the glo aptitude test on Saturday 10th 2022. Please is there any group chat link for glo customer care representative applicants? |
good day, I want to lease a detach duplex in lekki phase one for commercial purposes. I want to lease it for the maximum of 5 years. The site must be in lekki phase one around oniru, osapa london, admiralty and near shop rite mall. Budget= 3million to 6million depending on the site needed urgently whatsapp me on 08126270313 |
[quote author=Vickyydera . U are bad belle nd a zombie. To play song now ets immortal, I can see poverty speaking in u sha |
