By Kayode Tokede Partner and Lead, Digital Transformation, KPMG, Mr Boye Ademola on Wednesday called on the Central Bank of Nigeria (CBN) to initiate a policy on open banking in Nigeria to transform the sector. Ademola made the call during…
By Kayode Tokede The Board of Directors of Berger Paints Nigeria Plc has announced the appointment of Mrs. Ereomajuwa Gbadebo and Mrs. Aisha W. Umar, as Independent Non-Executive Directors of the company. This information was disclosed by the paints and…
By Kayode Tokede A group of analyst at Investment One research have said inflation rate is expected to maintain its uptrend as the cost-push factors remain. The National Bureau of Statistics (NBS) had disclosed that Nigeria’s inflation rate hit 15.75per…
By Kayode Tokede Some financial experts, on Monday, advised the Federal Government to introduce holistic economic policies that would bring the country out of recession and reduce inflation rate. The financial stakeholders expressed their viewpoints in separate interviews with journalists…
S&P Global has affirmed its “AAA/A-1+” foreign currency issuer credit rating of the African Development Bank (AfDB) with a stable outlook. The ratings agency said its outlook reflected the expectation that the AfDB would, over the next two years, “prudently…
The naira against the dollar appreciated by 0.03 per cent to close at N394 against the dollar at the Investors & Exporters Foreign Exchange on Monday. The naira closed up by 2.59per cent and 2.88 per cent against the euro…
The Debt Management Office (DMO) has offered for subscription two years and three years Federal Government Savings Bonds at N1,000 per unit. A circular on the official website of DMO states that the two years bond with Feb. 10, 2023…
Female entrepreneurs now have more reasons to smile and succeed with a discounted financing solution known as the “LSETF-W Initiative Loan” specially created by the Access Bank W Initiative program in partnership with the Lagos State Employee Trust Fund (LSETF)…
By Kayode Tokede The Central Bank of Nigeria (CBN) auctioned N413.41billion worth of Open Market Operation (OMO) in January 2021 compared to N1.54 trillion auctioned in January of 2020. Further findings by Nigerian NewsDirect revealed that, amid weak business activities…
By Kayode Tokede Across the foreign exchange market, the naira traded flat against the dollar at N394.13 at the Investors & Exporters Foreign Exchange (I&E FX) window in its week-on-week (wow) performance but weakened by 0.6per cent to N480.00 against…
