The Group Chief Executive Officer, Ecobank Transnational Incorporated (ETI), Ade Ayeyemi, has affirmed that the Pan-African banking group is facilitating smooth and instant payments across Africa as countries start the implementation of the African Continental Free Trade Area Agreement (AfCFTA).…
By Kayode Tokede Naira traded flat at N379 against the dollar at the interbank market of the Central Bank of Nigeria (CBN) on Tuesday. However, the local currency at the Investors & Exporters Foreign Exchange (I & EFX) window, the…
Story by Kayode Tokede with Bloomberg Access Bank Plc, has identified eight African countries for a potential expansion as it seeks to benefit from a continental-wide free trade pact. The Chief Executive Officer, Access Bank, Herbert Wigwe said on an…
By Kayode Tokede The Bank of Industry (BOI) has denied claims of undertaking any recruitment exercise, warning the public against participating in schemes being advertised. The bank, in a statement signed by its management, on Tuesday said its attention has…
By Kayode Tokede About 300,000 metric tonnes of maize are soon to be released into the Nigerian market from strategic anchors under the Anchor Borrowers’ Programme (ABP) of the Central Bank of Nigeria (CBN), which watchers believe will reduce the…
Naira at the Investors & Exporters Foreign Exchange (I &E FX) window inched up by 0.21 per cent to close at N393.83 against the dollar on Monday. Also, the local currency inched down by 1.13per cent and 1.03 per cent…
By Kayode Tokede with News Ageny VFD Group, a financial service-focused proprietary investment company in Lagos, is perfecting arrangements for a national banking licence to be a major player in the Nigerian economy in the next five years. The Group…
By Kayode Tokede A US-based Nigerian billionaire, Dr Oluleye Adigun has revealed ongoing effort to invest N3billion or $6.8million in Fidelity Bank Plc through shares acquisition. Adigun said on Wednesday, that the acquisition was part of his planned investment in…
By Kayode Tokede World Economic Forum has said that Earth Observation (EO) data provides a billion-dollar opportunity for Nigeria and other African economies, such that it could create jobs and build new resilience after COVID-19. A newly released report titled,…
By Kayode Tokede Across the Foreign Exchange (FX) windows, the naira weakened against the dollar by 0.3per cent week-on-week (w/w) to N394.67 against the dollar at the Investors & Exporters Foreign Exchange (I&E FX) window. Total turnover at the I&E…
