By Kayode Tokede The International Monetary Fund (IMF), says sub-Saharan Africa’s low-income countries face additional external funding needs of about 245 billion dollars over the next five years or 425 billion dollars for the whole region. IMF’s Director, African Department,…
By Kayode Tokede The Central Bank of Nigeria (CBN) has disclosed that the nation’s foreign reserves gained $61.2million in three days from $35.14 billion on Monday to $35.19billion as at Wednesday. The foreign reserves, according to Nigerian NewsDirect investigation reached…
The Debt Management Office (DMO) says its published debt stock for the country is not for the Federal Government alone. The Director-General of DMO, Mrs Patience Oniha, on her twitter handle on Wednesday said that the debt stock included those…
The Financial Reporting Council of Nigeria (FRCN) on Wednesday promised to fix grey areas in the newly approved Audit Regulations 2020. Acting Executive Secretary, FRCN, Dr Iheanyi Anyahara made the pledge at a stakeholders’ interactive webinar organised by the Institute…
Naira at the Investors & Exporters Foreign Exchange ( I & E FX) window gained 0.12 per cent to N410.50 against the Dollar on Wednesday. Also, Naira at the I& EFX window, lost by 0.52per cent and 0.49 per cent…
By Kayode Tokede As part of its commitment to support the growth and sustainability of Micro, Small and Medium-scale Enterprises (MSME) in the continent, Pan African financial Institution, United Bank for Africa (UBA) Plc, is set to organise the next…
By Kayode Tokede Naira at the Investors & Exporters Foreign Exchange (I & E FX) window on Tuesday depreciated by 0.31 per cent to close at N411 against the Dollar. It also depreciated against the Euro by 0.11 per cent…
By Kayode Tokede First Bank of Nigeria Limited, Nigeria’s leading financial inclusion services provider has announced a webinar to sensitise individuals and businesses with useful information on being protected in today’s digital age. The virtual event is scheduled to hold…
By Kayode Tokede The Central Bank of Nigeria (CBN) has asked all Development Finance Institutions (DFIs), Microfinance Banks (MfBs), Primary Mortgage Banks (PMBs) and Finance Companies (FCs) in the country to register on its credit risk management system (CRMS). This…
By Kayode Tokede Unity Bank Plc has expressed commitment to improved performance to boost stakeholders fortunes through engagements in various key sectors of the economy. The bank in a statement in Lagos on Monday said its board was working harmoniously…
