The Centre for the Promotion of Private Enterprise, an economic think tank, has said the “monetary and foreign exchange policy rigidities” of the Federal Government may disrupt the economic growth of the nation in 2022. The Central Bank of Nigeria…
The Federal Government earned N1.77trillion from sukuk bonds over a period of four years, according to a report obtained by our correspondent. The N1.77trillion sukuk was raised between 2017 and 2021, the report stated. The sukuk bonds, which are sharia-compliant…
By Tobi Adetunji The Federal Airports Authority of Nigeria (FAAN) has beefed up security at the car park facility at the Murtala Muhammed International Airport, Lagos. FAAN disclosed this via a statement issued on Wednesday by its General Manager, Corporate…
Money Lenders Association has urged Nigerians to be careful and carry out due diligence on lenders before deciding to apply for loans from any moneylender online or via mobile applications. The President of the association, Mr Gbemi Adelekan, said the…
The Council of Maritime Transport Union Associations (COMTUA) says that enhancing professionalism in all of its operations will be its top priority in 2022. The President of COMTUA, Mr Yinka Aroyewun, said this in an interview with the reporter on…
NEM Insurance has notified of the completion of its share reconstruction exercise which had earlier commenced on Friday, December 10, 2021. This is contained in a disclosure filed to the Nigerian exchange and titled, “notice of completion of share reconstruction…
Stannic IBTC Plc has refuted the story that it was sanctioned by the Central Bank of Nigeria (CBN) for its non-compliance with the regulatory Loan-to Deposit Ratio (LDR) of 65 per cent. In a rejoinder issued by the bank, it…
The Association of Nigerian Electricity Distributors (ANED) says Electricity Distribution Companies (Discos) assume ownership of equipment donated by consumers in order to ensure public safety. In a statement issued in Abuja on Monday by ANED’s Executive Director for Research and…
The Managing Director, Ecobank Nigeria, Patrick Akinwuntan has stated the readiness of the bank to partner with the Institute of Credit Administration (ICA) to create a reliable and enhance credit practice in the country. Speaking during an official visit of…
The Federal Competition and Consumer Protection Commission (FCCPC) has said that the joint committee that was set up by the Federal Government to tackle violation of consumer rights and unfair practices in the money lending industry will shut down illegal…
