Sunday, January 20, 2019
FINANCIAL WATCH: Dangote Ind. Ltd appoints first female executive Director - Dangote Industries Limited (DIL) has announced the appointments of new executive directors, the new appointments saw Dr. Adenike Fajemirokun, the Group Chief Risk Officer been elevated to the office of...
How Insurance Companies Aided N20 billion Annual Loss in Agric Sector - Nigeria’s agriculture sector loses about N20 billion annually due to failure of insurance companies to create products to cover small farmers, stakeholders have revealed. They hinted the need for...
Payment Service Providers, Others to Charge Cybersecurity Levy - CBN: The Central Bank of Nigeria (CBN) has directed all Mobile Money Operators (MMOs) and Payment Service Providers (PSPs) to charge 0.005 per cent levy for every electronic transaction on their...
CBN plans non interest window for financial inclusion - The Central Bank of Nigeria (CBN) has disclosed that it is working to create a non-interest window for the development financing interventions. The CBN Governor, Godwin Emefiele made the disclosure yesterday while...
FAAC Allocation: FG Receives N263.28Bn In February – NBS The National Bureau of Statistics (NBS), says the Federal Government received a total of N263. 28 billion from the N635.55 billion Federation Account Allocation Committee (FAAC) disbursed to three tiers of...
NSE lifts one and half year old suspension on Ikeja Hotel - The Nigerian Stock Exchange (NSE) has lifted its one and a half years suspension on trading in the shares of Ikeja Hotel, paving the way for resumption of...
Forex: CBN lifts retail SMIS with $343.06m - The Central Bank of Nigeria (CBN) yesterday intervened in the Retail Secondary Market Intervention Sales (SMIS) $343.06 million injection. Figures obtained from the apex bank showed that the amount released was for requests...
FINANCIAL WATCH: Nigerian economy could still fall back to recession at anytime - Despite the penchant for making a mountain out of two grains of sand by politicians, the central bank of Nigeria (CBN) has warned the Federal Government that...
CBN releases guidelines on Nigeria/China currency swap deal - The Central Bank of Nigeria (CBN), on Thursday, released guidelines for the bilateral Currency Swap agreement between Nigeria and China. The CBN gave the guidelines in a document signed by the Director,...
Farmers In S’East get N646m Farming Equipment from FG Farmers in the South East geopolitical Zone is set to get agricultural produce processing machines and equipment worth over N643 million from the federal government for increased agricultural activities in the...
Ankara opts for crude oil deal with NNPC INDICATIONS emerged yesterday that the trade volume between Nigeria and Turkey has hit about $1.5 billion annually. The trade is however in favour of Nigeria because Turkey imports Liquefied Natural Gas (LNG),...
CBN to strengthen regulatory framework against cyber crimes - With the global cost of cybercrime estimated at over $600 billion in 2017, the Central Bank of Nigeria (CBN) yesterday said it would strengthen its regulatory framework to check cybercrimes on...
Buhari intervenes in FAAC, NNPC controversy - President Muhammadu Buhari has offered to intervene in the disagreement between the Federation Account Allocation Committee (FAAC) and the Nigerian National Petroleum Corporation (NNPC).  This disagreement had frequently disrupted the monthly Federation Allocation...
Naira sustains N360/dollar at black market - The Naira maintained N360 to the dollar at the parallel market on Monday in Lagos, the News Agency of Nigeria (NAN) reports. The Nigerian currency had been trading at N360 to the dollar for...
SEC assures foreign investors safety of investments in Nigeria capital Market - The Securities and Exchange Commission ( SEC ) Nigeria, has assured foreign investors of the safety of their investments in the Nigerian capital Market. Disclosing this when representatives of...
Oando’s profit hits N8.5b as Shareholders restate confidence - Shareholders of Oando Nigeria Plc have unanimously applauded the management team for restoring market confidence by maintaining a track record of growth over the last 18 months, culminating to N8.5 billion...
FINANCIAL WATCH: CBN Intervenes in retail secondary market with $396.18m - The Central Bank of Nigeria (CBN) on Friday intervened in the Retail Secondary Market Intervention Sales (SMIS) segment of the market with $396.18 million. The CBN said in a statement...
Naira closes at N362.30 to dollar at investors’ window - The Naira on Wednesday closed at N362.30 to the dollar at the investors’ window, with investors trading a total of 147.8 million dollars, the News Agency . At the Bureau de...
Investment Firm offers debt, equity funds for businesses - RAGG Investment Management Limited is collaborating with Development Finance Institutions in offering a round of support for financial institutions and companies with interests in impact and climate finance. FRAGG Investment is an...
NSCDC, CBN to fight naira note peddling in Oyo state - The Oyo State Commandant of the Nigeria Security and Civil Defence Corps, John Adewoye, said the command had begun a crackdown on peddlers of new naira notes in the...
- Advertisement -unlock affiliates 300x250

POPULAR POSTS