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...
Banking & Finance
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...
Equity market gains N227bn
Transactions on the floor of Nigerian Exchange (NGX) closed in an upward trend, growing by N227 billion Market capitalisation of...
Customers respond to bank’s call to link BVN, NIN
Customers of various banks in the Federal Capital Territory have thronged their banks to link their National Identity Number (NIN)...
Transcorp power listing pushes up equity market by N1.854trn
Omeiza Bilal Transactions on the floor of Nigerian Exchange (NGX) Monday saw market capitalization increase by N1.854 trillion as listing...
Dedollarize the economy now
Revelations from the recent Monetary Policy Committee meeting of the Central Bank of Nigeria (CBN) were alarming. CBN Governor, Olayemi...
