Mutual funds net assets rise by N64.9b in Q1

The net value of all registered mutual funds in Nigeria rose by N64.9 billion to close…

SEC warns ponzi-thirsty Nigerians against Loom

Mary Uduk, the Acting Director General of the Securities and Exchange Commission (SEC), has warned Nigerians against the…

FG Okays $1bn Chinese loan for Gurara hydropower project

The Federal Executive Council (FEC) on Wednesday approved   $1 billion Chinese loan from Chinese EXIM Bank…

Experts demand independent CBN audit

Financial and economic experts have demanded an independent audit of the Central Bank of Nigeria following…

FG to raise N100bn in new bond auction

The Federal Government is offering fresh N100bn bonds for subscription through an auction scheduled for next…

FEC Okays N35.94bn road contracts in six states

The Federal Executive Council has approved road contracts worth N35.944bn in six states of the federation,…

ICT boost Economy by over $42b in foreign investments

The Minister of Communications, Dr Adebayo Shittu yesterday said foreign direct investments (FDIs) in the information…

Baobab Microfinance disburses N30bn to over 130,000 customers

The management of the Baobab Microfinancial Bank Limited says with a customer base of 130,000, it…

LGs cash withdrawal limited to N0.5m /day from June – NFIU

The Nigeria Financial Intelligence Unit has told commercial banks not to allow transactions from any local…

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