By Kayode Tokede Naira at the Investors & Exporters Foreign Exchange ( I & E FX) window traded flat at N409.75 against the Dollar on Wednesday. The local currency gained by 0.29per cent and 0.36 per cent against the Euro…
By Kayode Tokede The Central Bank of Nigeria (CBN) has reportedly appointed KPMG LLP as transaction adviser for its newly set up infrastructure fund, according to an insider familiar with the matter who wants to remain anonymous. According to a…
By Kayode Tokede The Central Bank of Nigeria (CBN) has reportedly appointed KPMG LLP as transaction adviser for its newly set up infrastructure fund, according to an insider familiar with the matter who wants to remain anonymous. According to a…
By Kayode Tokede Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele says there was the urgent need to diversify Nigeria’s economy to make it sustainable and reduce unemployment. Emefiele said this on Tuesday in Abuja, while receiving…
By Kayode Tokede The Naira at the parallel market on Tuesday traded flat against the Dollar and Euro, closing at N485 and N582 respectively. The local currency lost 0.59per cent to close at N680 against the Pound sterling. At the…
By Kayode Tokede The Debt Management Office (DMO) has announced that Nigeria’s public debt as at end of 2020 was N32.915 trillion. This was disclosed in a statement by the DMO on Tuesday, as it cited that many countries including…
By Kayode Tokede With COVID-19 proving that digital banking is no longer optional, Sterling Bank PLC has recently upgraded SterlingPro, its market-leading digital banking solution, to give corporate and business banking customers a competitive edge at all times. Executive Director,…
By Kayode Tokede The Central Bank of Nigeria (CBN), Africa Finance Corporation (AFC), and Nigeria Sovereign Investment Authority (NSIA) have extended the deadline for expressions of interest from qualified asset managers active in the infrastructure sector to manage the Infrastructure…
By Kayode Tokede Nigeria Inter-Bank Settlement System Plc (NIBSS) on Monday announced the launch of the New Quick Response (NQR) payment solution; an innovative payment platform implemented on behalf of all financial service providers. The NQR code solution offers a…
By Kayode Tokede The Central Bank of Nigeria (CBN) is set to hold its second Monetary Policy Meeting (MPC) by next week’s Monday and Tuesday. The first meeting was held January 25-26 and the second this month is the 278th…
