Business

NITDA seeks for synergy from IT stakeholders

In an effort at deepening the contribution of the digital economy to economic growth of the nation, the National Information Technology Development Agency, (NITDA) has called for formation of strong synergy between the Agency and Information Technology stakeholders in the…

UBA appoints Caroline Anyanwu as a new Board member

United Bank for Africa (UBA), the leading pan-African financial services institution, on Monday, announced the appointment of Mrs Caroline Anyanwu to its Board of Directors, effective May 19, 2021. Caroline Anyanwu holds a First-Class degree in Statistics from the University…

LCE to list Agvest N5bn cashew nut contracts

The Lagos Commodities and Futures Exchange (LCFE) has screened Agvest Ltd. for listing of its N5 billion cashew nut contracts by diversified financial instruments. The financial instruments would be offered to the investing public through Commercial Papers (CP) and short…

Foreign reserves drop by $111.56m to $34.61bn

The nation’s foreign reserves droped by $111.56million to $34.61billion as at Friday, according to the Central Bank of Nigeria (CBN). The drop makes it the fourth consecutive week decline of the nation’s foreign exchange buffer. However, the naira depreciated by…