Expert advocates refinancing of existing commercial debt obligations to boost naira
Chief Executive Officer of Financial Derivatives Company (FDC) Limited, Bismarck Rewane, has said that the naira is on the path...
Banking & Finance
WAMZ single currency unachievable – WAMI
The West African Monetary Institute (WAMI) has attributed the inability of member states of The West African Monetary Zone (WAMZ)...
Less than 20% of households in low income counties own a computer – W/Bank
Uzezi Samuel A new World Bank report says, less than 20% of households in low-income countries like Nigeria, Mali, Mozambique,...
Local equity market gains N404bn
Transactions on the floor of Nigerian Exchange (NGX) opened the week on a positive note, appreciating by N404 billion, as...
Goldman Sachs says Naira will appreciate to N1,200/$ in 12 months –
Goldman Sachs says the naira will appreciate to N1,200 against the dollars in the next twelve months. The financial institution...
WAMZ convergence score declines to 29.2%
There are indications that the quest for a single currency by the West African Monetary Zones (WAMZ) would take much longer...
CBN reports upsurge in dollar inflow as remittances quadruple, foreign investors’ return
Uzezi Samuel The Central Bank of Nigeria (CBN) reported a significant increase in foreign exchange inflow into the economy in...
CBN to MfBs, PMIs: Submit monthly financial returns or risk sanctions
The Central Bank of Nigeria (CBN) has mandated Microfinance banks, Primary Mortgage Banks (PMBs) and Development Financial Institutions (DFIs) to...
Unity Bank upgrades Corpreneurship prize money to N16m per stream as 30 new winners emerge
In a bid to boost start-up capital and place more resources at the disposal of aspiring young entrepreneurs in Nigeria, retail...
Equity market gains N420bn
Omeiza Bilal Trading activities on the floor of Nigerian Exchange on Thursday ended on a positive note, reporting an increase of...
