Open Banking, CeBIH’s role and Nigeria’s e-payment growth
Open Banking is an initiative that is aimed at addressing the challenge confronting many bank customers, especially those with multiple...
Afreximbank Seals $190m Deal
The African Export-Import Bank (Afreximbank) has signed a term sheet with Made In Africa Inc. (MIA), to provide the company...
AfDB to Invest $250m on Water, Sanitation in FCT
The African Development Bank (AfDB) has revealed plans to invest $250 million in the Federal Capital Territory (FCT) water and...
Boko Haram Cuts off Maiduguri from Power Grid
The Transmission Company of Nigeria (TCN) yesterday disclosed that Maiduguri, the capital of Borno State has been cut off from...
Foreign Investors Bought Less Bonds in 2019, Says DMO
Foreign investors cut their participation in Nigerian government bond auctions last year, buying just 4.39 per cent of all bonds...
First Bank Supports Schools with N10bn Loans
First Bank of Nigeria Limited has announced that within the last year, it has supported educational institutions in the country...
Nigerians Urged to Adopt Timely Financial Planning
Nigerians have been advised to start making wise financial decision early enough this year, in order to achieve their set...
NSE Restates Commitment to Protect Investors, Recovers N1.44bn Shares
The Nigerian Stock Exchange (NSE) facilitated the restitutions and recoveries of shares worth N1.436 billion in 2019, the Chief Executive...
Stakeholders Call for Establishment of National Cybersecurity Centre
Information Technology (IT) stakeholders have stressed the need for the federal government to establish a National Cybersecurity Centre for Nigeria...
Growth Prospects for MSMEs Widen as Buhari Signs Finance Bill
Tax experts have welcomed the signing of Finance Bill 2019 into law by President Muhammadu Buhari, saying it will improve...
TCN to push for Discos’ recapitalisation
Power distribution companies must be recapitalised for Nigeria’s power industry to work and the Transmission Company of Nigeria has vowed...
Insurance Regulator to Prepare Operators ahead of IFRS 17 Adoption
The National Insurance Commission, (NAICOM) has said it will this year intensify effort in preparing operators for total adoption of...
Dangote Cement Shares Gain 21% on Increased Investors’ Demand
Shareholders of Dangote Cement Plc recorded a capital gain of 21.1 per cent last week as investors increased demand for...
UBA Board Meets to Discuss Dividend Recommendation, Others
The Board of Directors of United Bank for Africa Plc will meet on Monday, January 27, 2020, to discuss the...
Borrowing rates may fall, says CBN report
A recent consumer survey by the Central Bank of Nigeria showed that members of the public expected a fall in...
Customs generate N1.34tn, surpasses target by N403bn
The Nigeria Customs Service generated a total of N1.34tn revenue for the government in the 2019 fiscal year. The Public...
BUA listing adds N1.8tr to NSE capitalisation
The Nigerian Stock Exchange (NSE) yesterday listed the 33.864 billion ordinary shares of 50 kobo each BUA Cement Plc at...
Lagos allays fear over rising debts, says sustainability on par with global levels
Lagos State Government has reassured that there is no need for worries regarding its volume of debts both local and...
NSE CEO to Review Market Performance, Unveil Plans for 2020
The Chief Executive Officer of the Nigerian Stock Exchange (NSE), Mr. Oscar Onyema will on Monday lead other members of...
Minimum wage: TUC gives states January 31 ultimatum
The Trade Union Congress has given state governments that are yet to implement the N30, 000 new minimum wage up...
Investors Stake N7.4 Billion on 693.2m Shares at Stock Market
Investors staked N7.444 billion on 693.188 million shares in 6,634 deals yesterday, as the market remained bullish. Although the volume...
Oil marketers want petrol exempted from PoS charge
Oil marketers under the aegis of the Major Marketers Association of Nigeria have said it will be unfair for petrol...
Procurement process may slow N2.4tn capital releases
Bureaucracy associated with the public procurement process may slow the release of funds for the implementation of the 2020 budget,...
Telcos defy minister, say voicemail regulation not required
Telecommunications operators in the country have insisted that the voicemail service on mobile telephone lines does not require policy or...
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