The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday voted to hold the Monetary Policy Rate (MPR) at 11.5 per cent for the umpteenth time. Reading a communiqué after the committee’s 282nd meeting on Tuesday,…
The Central Bank of Nigeria (CBN) has appealed to judges in the country to be more technology savvy to enhance justice delivery especially in the evolving financial services sector. Mr Godwin Emefiele, the CBN Governor, made the appeal in Abuja…
The African Development Bank (AfDB) has retained its AAA credit rating for another year running. This was stated in its 2021 Annual Development Effectiveness Review released on Tuesday. The report said the bank continued to improve its efficiency and performance,…
In view of the growing need for the integration of banks and other financial institutions with innovators and customers in the financial services space and the increasing adoption of Application Programming Interface (“API”) based integrations in the industry, TotalEnergies has…
African Export-Import Bank (Afreximbank) has hailed the contribution of the Intra African Trade Fair (IATF) to addressing the challenge of African businesses transacting business with counterparts within the continent. Amr Kamel, Afreximbank’s Executive Vice President for Business Development and Corporate…
Senate President Ahmad Lawan has disclosed that the National Assembly will pass the 2022 Appropriation Bill before Christmas. Lawan made the disclosure on Friday night, while receiving the New Telegraph’s Lifetime Achievement Award in Politics, alongside other Nigerians who had…
The 2022 appropriation estimate presented before the Bauchi State House of Assembly by Gov. Bala Mohammed, has scaled the second reading. The budget proposal was presented before the House of Assembly at 10:00 am on Thursday. The development followed a…
The African Export-Import Bank (Afreximbank) has signed a $US1.04 billion facility with the Nigerian National Petroleum Corporation (NNPC) to finance the exploration of petroleum. The agreement was concluded on Tuesday in Durban during the second Intra-Africa Trade Fair (IATF2021), which…
The World Bank says immediate policy action is needed to curb the long-term impacts of the COVID-19 crisis on the lives and livelihoods of Nigerian households. The bank said this in a report it released on Wednesday, titled “COVID-19 in…
In yet another demonstration of the bank’s rising profile, top Nigerian lender, Fidelity Bank Plc clinched two awards at the 2021 BusinessDay Banks & Other Financial Institutions (BAFI) Awards. The bank emerged winner for the “Fastest Growing Bank Award” and…
