The board of directors of Stanbic IBTC Holdings Plc has appointed Babatunde Omotowa as an Independent Non-Executive Director, following the receipt of all required regulatory approvals. This is contained in a disclosure signed by the company Secretary,Chidi Okezie, and filed…
The Central Bank of Nigeria (CBN) has launched a countdown clock showing when the old Naira would stop being a legal tender. The countdown clock is visible on the home page of the CBN’s website and it shows January 31,…
Ecobank Nigeria, an affiliate of the leading pan-African bankng group, the Ecobank Group has taken financial literacy and inclusion to traders in several markets across the country being part of activities to mark Ecobank Day 2022. The bank also sensitised…
The Debt Management Office (DMO) offered N100 billion “Ijarah Sukuk’’ bonds for subscription at N1,000 per unit on Monday on behalf of the Federal Government. It stated in Abuja that the offer is of 10-year tenor due for maturity in…
The Debt Management Office (DMO) raised a sum of N269.15 billion from its November 2022 FGN Savings Bond issuance on behalf of the Federal Government, as subscriptions hit 152.9 per cent. This is according to information in the November 2022…
…Increase to worsen poverty, wrong for present economic conditions — Experts …Forex, energy challenges more essential for govt to address — Muda Yusuf …Says 100% increase threat to SMEs …As SMEs calls for grant, tax waiver for manufacturers, reduction of…
The naira appreciated slightly at the Investors and Exporters window on Thursday, exchanging at 445.75 to the dollar. The rate represented a 0.21 per cent appreciation compared to the N446.67 for which it exchanged against the dollar on Wednesday. The…
The Federal Government, through the National Social Safety-Nets Coordinating Office (NASSCO), says it has disbursed about $700 million from the repatriated Abacha looted funds to over 1.9 million poor and vulnerable households across the country in the last six years.…
The Naira remained unchanged on Wednesday, exchanging at 446.67 to the dollar at the Investors and Exporters Window. The local currency did not change from its value on Tuesday while the open indicative rate closed at N443.88 to the dollar…
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has called for stronger collaboration among Ministries, Departments, and Agencies towards effective implementation of the National MSME Policy. The Managing Director of SMEDAN, Mr Olawale Fasanya, made the call in…
