CBN revises banks’ clearing system rules

The Central Bank of Nigeria said on Wednesday that it had revised the clearing system rules…

DBN partners LAPO Microfinance Bank to support MSMEs

The Development Bank of Nigeria has entered into partnership with LAPO Microfinance Bank to support 10,000…

FG, AfDB inaugurate task force on youth unemployment

The Federal Government, in collaboration with the African Development Bank, on Tuesday in Abuja inaugurated a…

Transcorp sets to explore OPL 281 in 2019

Transnational Corporation of Nigeria Plc (Transcorp) has disclosed plans to convert its Oil Prospecting License (OPL)…

CBN injects $210m into forex market, supports SMEs

The Central Bank of Nigeria on Tuesday injected $210m into the foreign exchange market to meet…

PenOp, NSE discuss areas of collaboration on multi-fund structure

Matthew Otoijagha The Pension Fund Operators Association of Nigeria (PenOP) members have met the Nigerian Stock…

3,000 retiring FG workers listed for verification in Lagos, Ogun

Matthew Otoijagha The National Pension Commission (PenCom) has commenced a verification and enrolment exercise for about…

Net Exports drove Nigeria’s economy recovery in 2017-NBS

The National Bureau of Statistics (NBS) has released the Gross Domestic Product (GDP) by Income and…

Afreximbank partners AfDB to provide $500,000 grant to SMEs

The African Export-Import Bank (Afreximbank) has partnered with the African Development Bank (AfDB) to provide a…

Insurance sector ready to drive financial inclusion through NIIDP-Kari

Matthew Otoijagha The Commissioner for Insurance, Mohammed Kari, has said that the insurance sector is ready…

Inadequate capacity: N100bn lost annually in aviation insurance

Matthew Otoijagha The nation’s insurance industry loses N100 billion yearly to capital flight due to lack…

Insurance firms, banks to issue fiduciary bonds to contractors

Matthew Otoijagha Insurance companies and banks are to issue fiduciary bonds, also known as, integrity bonds…

Itakpe-Ajaokuta-Warri rail to be ready in 2019 — Amaechi

The Itakpe-Ajaokuta-Warri standard gauge rail line will be ready for commercial use next year, the Minister…

FG urged to overhaul housing finance system

The Federal Government has been urged to overhaul the country’s mortgage system to make it easier…

Pension fund assets hit N8.14tn — PenCom

The National Pension Commission said on Sunday that the total pension fund assets stood at N8.14tn…

Keystone Bank gets recognition for innovation

Keystone Bank Limited has been recognised as Africa’s most innovative bank of the year at the…

GT Bank, others collaborate to enhance passport services

Guaranty Trust Bank Plc. has struck a partnership with New Works Limited and the Nigeria Immigration…

CBN anchor borrowers’ loan will boost agribusiness – Ahmed

The Kwara State Governor, Alhaji Abdulfatah Ahmed, has said the N1bn loan from the Central Bank…

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