Mastercard and Bahrain’s leading electronic financial transactions network, BENEFIT, will enable banks to send and receive cross-border business-to-business payments on a secure, private and direct network...
The Central Bank of Nigeria (CBN) has issued operating licence to three new banks to operate in Nigeria. The new banks are Titan Trust Bank Limited,...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) is retaining the Monetary Policy Rate at 13.5 percent, the apex bank said on...
The Nigerian government has spent about N2 trillion on constituency projects without commensurate development at the grassroots, the Independent Corrupt Practices and Other Related Offences Commission...
All the Sole Administrators, Heads of Local Government Service (HOS)/ Directors of Finance of Local Governments in Kogi State except Mr. Ablaka, the HOS of Igalemela...
BY: Lukman Otunuga, FXTM Research Analyst The stabilizing economic conditions in Egypt almost three years after allowing its currency to float serves as a clear reminder...
BY: Lukman Otunuga, FXTM Research Analyst comment on Nigeria Week Ahead The economic calendar for Nigeria is relatively light this week with the only Tier 1...
Equity investors in the Nigerian Stock Exchange lost a total of N366bn in the last three consecutive trading days. Last week, investors and other stakeholders welcomed...
Economic and Financial Crimes Commission (EFCC) Acting Chairman Ibrahim Magu has expressed concern that the agency is faced with a task of repatriate stolen public funds....
The Central Bank of Nigeria (CBN) has made it clear that remunerable daily placements by commercial banks at the Standing Deposit Facility will not exceed N2bn....