In an unwavering move to address mounting inflationary pressures and stabilise exchange rates, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) announced a significant hike in the benchmark interest rate. This decision, unveiled in a Tuesday…
Energy Capital & Power organizers of “Invest in African Energy Forum 2024” has appointed Legend & Legacy, to officially co-ordinate Nigeria’s delegation participation at the upcoming “Invest in African Energy Forum 2024.” The forum is scheduled to take place from…
Cassa Depositi e Prestiti S.p.A (CDP) Italy, the official Italian financial institution for international development cooperation and Africa Export-Import Bank (Afreximbank) have signed a new financing facility worth €100 million to support the Bank’s interventions in food security and climate-smart…
Some financial experts on Monday expressed different views on the outcome of the Monetary Policy Committee of the Central Bank of Nigeria (CBN), citing various economic factors. The former President, Chartered Institute of Bankers of Nigeria (CIBN), Mr Okechukwu Unegbu…
The Chartered Institute of Bankers of Nigeria (CIBN) on Saturday said it has begun the process towards building a banking school to further enhance professionalism and financial ethics in the banking and financial sectors. The institute said the project was…
By Matthew Denis The Nigeria Deposit Insurance Corporation (NDIC) remains committed to ensuring that those who contribute to the failure of banks are properly investigated and prosecuted. This is contained in a statement signed by the Director, Communication & Public…
At the Africa Gaming Expo in Lagos, leading Africa-focused fintech platform PalmPay called for the promotion of responsible gaming by stakeholders in the gaming industry to protect sports pundits from potential risks native to the industry. The event, which took…
By Omolola Dede Adeyanju The first and only Escrow company in Nigeria, Trustcrow has introduced its platform of trust and confidence for all property deals. This was revealed at the inaugural Trustcrow Deals Summit 2024 which was held on Wednesday,…
In a significant move to enhance the transparency and accountability of central banks worldwide, the International Monetary Fund (IMF) has unveiled the Central Bank Transparency Code (CBT). This international code is designed to help central banks and their stakeholders align…
By Seun Ibiyemi The Nigeria Immigration Service (NIS) and the National Inland Waterways Authority (NIWA) plan to strengthen their partnership to curb illegal migration via the Lagos State waterways. The plan to deepen partnership was discussed when the new Comptroller…
