The Central Bank of Nigeria has appointed New York-based Sustainability, Digital, Energy and Infrastructure Investor, Kemi Christina Abdul to serve on the board of directors of its infrastructure and industrial vehicle, InfraCorp. She announced this via her LinkedIn handle, while…
There are indications that shareholders of Wema Bank Plc, Nigeria’s most innovative bank are in line to receive bumper dividend payments for the year ended December 31, 2021. Our correspondent gathered from impeccable sources at the Nigeria Exchange Limited that…
The Central Bank of Nigeria (CBN) has announced that interest rates on its various intervention facilities had been extended till March 1, 2023. The CBN Governor, Mr Godwin Emefiele, disclosed this at a news conference following a meeting of the…
A Professor of Economics and Public Policy at the University of Uyo, Akwa Ibom State, Akpan Ekpo, has said a further increase in the Value Added Tax (VAT) rate is unnecessary, as it would add to the hardship of Nigerians.…
The Managing Director, Stellas Digital Bank, Mr Bukola Solomon, has enjoined the Federal Government to create an enabling environment for Fintech operators to compete favourably in the global space. Solomon said this at the launch of the bank’s new App,…
The exchange rate between the naira and the US dollar closed at N416.67/$1 at the official Investors and Exporters (I&E) window. Naira weakened further against the US dollar on Tuesday with a 0.04% fall to close at N416.67/$1 compared to…
The Financial Services Innovators, in collaboration with the Federal University of Technology, Minna, is set to host a hackathon to foster innovation and promote the development of inclusive financial solutions in the northern part of Nigeria. The FSI and FUTMINNA…
Customers of Fidelity Bank are in for a treat this Valentine as the Bank has announced plans to host a delightful evening of music, fun games and delightful experiences for its customers. Tagged The Euphoria and scheduled for Saturday, 19…
The Managing Director/Chief Executive Officer, NOVA Merchant Bank, Mr Nath Ude, says FMDQ Securities Exchange Ltd., has approved the registration the bank’s N50 billion Commercial Paper (CP) Programme on its platform. This is contained in a statement by FMDQ Securities…
The Debt Management Office (DMO), has announced two Federal Government of Nigeria (FGN) bonds for subscription for the month of February, at N1000 per unit. In a statement on its website on Tuesday, the DMO explained that the first offer…
