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Fidelity
Business

City of Houston, Texas, USA proclaims October 25 as FITCC Day

The Daily Leaks

The City of Houston has designated October 25 as “Fidelity International Trade and Creative Connect Day” in recognition of Fidelity Bank Plc’s commitment to fostering bilateral trade and economic development between the city of Houston, […]

Dollar
Business

Explainer: What is pushing Nigeria’s naira to record lows?

The Daily Leaks

Nigeria’s naira is on the brink of breaching 1,000 per dollar after falling to an official record low of 999 last week, Refinitiv data showed, tracing its weakness on the unofficial market where it trades […]

Fidelity
Business

Fidelity Bank boosts Nigeria’s non-oil exports with FITCC Houston

The Daily Leaks

• Signs $40million deal with AFREXIM Bank and JohnVents Industries for cocoa export The much-anticipated second edition of the Fidelity International Trade and Creative Connect (FITCC) got off to a boisterous start on Tuesday, October […]

Nigeria
Business

Nigeria wins bid to overturn $11 billion bill for collapsed P&ID gas deal

The Daily Leaks

Nigeria has won its bid to overturn an $11 billion damages bill for a collapsed gas processing project it said was procured by a concerted campaign of bribery. This was ascertained as the court sitting […]

Edun
Business

Nigeria expects $10 billion in forex inflows in weeks, says Finance Minister

The Daily Leaks

By Marvellous Nyang Finance Minister, Wale Edun, says Nigeria expects $10 billion in new foreign currency inflows in the next few weeks to ease liquidity in the foreign exchange market. Edun who disclosed this in […]

China
Business

China increases investments in Nigeria’s power generation, digital economy

The Daily Leaks

China’s President Xi Jinping has pledged that his country will increase investments in Nigeria’s power generation sector and its digital economy, the Nigerian vice president’s office said in the wake of a Belt And Road […]

Dollar
Business

Naira falls to record low of N1,155 per dollar on black market

The Daily Leaks

• Offical rate now N999/$1 Nigeria’s naira hit a new record low of N999 per dollar on the official market on Thursday, October 19, 2023, Refinitiv data showed, in line with weakness on the parallel […]

Osinbajo
Business

FT Summit: Osinbajo says Africa can be world’s first green industrial hub

The Daily Leaks

Nigeria’s immediate past Vice President, Prof. Yemi Osinbajo, SAN, GCON, has said that Africa can be the first green industrial hub of the world because of its vast potential for renewable energy, a teeming youth […]

Fidelity
Business

Houston, Texas gears up for Fidelity Bank’s FITCC Trade Expo

The Daily Leaks

All is now set for the Fidelity International Trade and Creative Connect (FITCC) billed for Houston, Texas in the United States of America. Labelled as FITCC Houston, the second edition of the international expo will […]

Bank
Business

The Alternative Bank debuts with spectacular multi-city launch

The Daily Leaks

The Alternative Bank, Nigeria’s newest entrant into the financial services sector, launched in spectacular fashion by holding simultaneous launch events in three major cities across the country – Lagos, Abuja, and Kano, making it the […]

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