…Says Nigeria still in JP Morgan’s bond index By Seun Ibiyemi The Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR) to 13 per cent for the first time in over two years. The Governor of CBN, Mr…
The Institute of Chartered Accountants of Nigeria (ICAN) and the Bank of Industry (BOI) have inaugurated an “ICAN-BOI Tech Hub,” to promote job creation, entrepreneurship and skill development in the technology space. The tech hub was inaugurated on Tuesday at…
Sterling Bank Plc, Nigeria’s leading commercial bank, has signed a Memorandum of Understanding (MoU) with the Nigerian Optometrist Association (NOA) to automate operations, enhance capacity and provide funding at competitive interest rates for members of the association. Speaking at the…
By Seun Ibiyemi The National Bureau of Statistics (NBS), says Nigeria’s Gross Domestic Product (GDP) grew by 3.11 per cent in the first quarter of 2022. This is according to the NBS Nigerian Gross Domestic Product Report Q1 2022 released…
Union Systems Limited, Africa’s leading Trade Finance Software Company recently announced that Fidelity Bank, a leading financial institution in Nigeria has chosen its KachasiTM Trade Finance Software and OptimusTM Corporate Portal, to automate its trade finance operations. The Bank’s decision…
Leading financial institution, Fidelity Bank Plc, has announced plans to host an exportsroundtable and policy sensitisation workshop for businesses in Benin-City, Edo State capital in partnership with the Edo State Investment Promotion Office (ESIPO) and GIZon Tuesday, 24 May 2022.…
…As MTN leadership visits the CBN Governor Following the final approval for a Payment Service Bank (PSB) licence granted by the Central Bank of Nigeria (CBN), MTN Nigeria’s fintech subsidiary, MoMo Payment Service Bank (MoMo PSB) Limited, formally commenced operations …
The Naira on Friday, exchanged at 419.02 to the dollar at the Investors and Exporters window, compared to 420.33 traded on Thurday, representing 0.31 per cent appreciation. The open indicative rate closed at N418.35 to the dollar on Friday. An…
The foreign exchange inflows into the country fell by 36.7 per cent in one month to $4.36 billion in January, figures obtained from the Central Bank of Nigeria have shown. The CBN revealed in its report on ‘Foreign exchange flows…
The Naira, on Thursday, exchanged at 420.33 to the dollar at the Investors and Exporters window, compared to 419.25 traded on Wednesday, representing 0.26 per cent depreciation. The open indicative rate closed at N417.70 to the dollar on Thursday. An…
