The Central Bank of Nigeria Governor, Mr. Godwin Emefiele, on Monday said the improved investor confidence…
Business & Economy
Debt servicing cost Nigeria $1.09bn in nine months – CBN
Nigeria spent $1.09bn on debt servicing between January and September this year, a new report by…
Insurers to raise N50 billion fresh capital for recapitalisation
Out of the 58 insurance companies in the nation’s economy, seven have reached to their investors…
Investors gain N53bn as NSEASI inches up by 0.41%, Monday
The Nigerian equities market on Monday closed on a positive note as the All Share Index…
Underwriting firms record significant increase in Q3 2019
Matthew Otoijagha Fortunes of some insurance operators have recorded a significant increase in the third quarter…
Stakeholders Back CBN’s Move to Revive Textile Sector
The Central Bank of Nigeria’s (CBN) efforts to resuscitate the country’s moribund cotton, textile and garment…
Stanbic IBTC launches ‘Ease Wallet’ to deepen financial inclusion
In line with its commitment to deepen financial inclusion and drive its digitization agenda, Stanbic IBTC…
Dangote Refinery to export products to Europe, others
Dangote Group has said it plans to export petroleum products from its refinery to Europe, South…
No Restriction On Investors In FG Securities —DMO
Following the Central Bank of Nigeria’s (CBN’s) recent move to restrict individuals, local corporate and non-bank financial…
CBN sets to recover N36bn loans from North-East farmers
The Central Bank of Nigeria has inaugurated a committee in all local governments in the North-East…
Foreign reserves fall by $1.26bn in one month
Figures obtained from the Central Bank of Nigeria on Thursday revealed that Nigeria’s foreign reserves fell…
FG plans tax incentives for Capital market investors
The Federal Government on Thursday said it would introduce tax incentives on investments in capital market…
Nigeria exports N90.33bn solid minerals in three years
Latest report by the Nigeria Extractive Industries Transparency Initiative revealed that Solid Minerals worth N90.33bn were…
NSE to Host 7th Nigerian Capital Market Information Security Forum, Thursday
The Nigerian Stock Exchange (NSE) on its website has announced that the 7th edition of its…
Ecobank cancels charges on the use of USSD code
Ecobank Nigeria has announced the cancellation of charges on USSD (Unstructured Supplementary Service Data) services for…
Union Bank partners CBN to drive development through education
The Central Bank of Nigeria and Union Bank have expressed commitment to driving development in the…
Insurers raise hopes on improved sector returns
MATTHEW OTOIJAGHA Determined to increase the shareholder’s confidence in the nation’s insurance industry, underwriting companies have…