Access Bank Plc has announced the opening of applications for the fifth edition of its Womenpreneur Pitch-a-ton. The application process began on Monday, June 26, 2023, and will run until Friday, August 11, 2023. The Womenpreneur Pitch-a-ton program spans three…
The Central Bank of Nigeria (CBN) and the Nigeria Customs Service have taken the ongoing foreign exchange reforms to the maritime sector with a 40 per cent increase in the exchange rate used for calculating import duty. The NCS on…
Nigeria’s debt servicing cost has increased by 55.71 per cent to N1.24 trillion in three months. In a report obtained by the Debt Management Office (DMO), between October and December 2022, Nigeria spent N406.77 billion on domestic debt servicing, while it…
By Seun Ibiyemi The Central Bank of Nigeria (CBN), and the Bill and Melinda Gates Foundation (BMGF) have finalised arrangements for collaboration on financial inclusion. According to a statement from the apex bank, the two groups recently held strategic discussions…
…Requiring social media handles would affect right of freedom of expression —SERAP By Sodiq Adelakun The Socio-Economic Rights and Accountability Project (SERAP) has urged Acting Governor, Central Bank of Nigeria (CBN), Mr Folashodun Shonubi, to “immediately delete the patently unlawful…
The Nigeria Deposit Insurance Corporation (NDIC) has dissociated itself from the alleged $76million cache involving a staff of the Corporation. Recall that some news media (Not Nigerian NewsDirect) reported that a former Permanent Secretary in the Ministry of Finance, Dr.…
FirstBank of Nigeria Limited, Nigeria’s premier banking institution and leading financial inclusion services provider, has won the Financial Institution of the Year Award at the African Export-Import Bank (Afreximbank) Pan African Business and Development Awards. The ceremony marked the 30th…
The Debt Management Office (DMO) said the total public debt stock of Nigeria as at March was N49.95 trillion (108.30 billion dollars). According to a statement obtained from the DMO official website on Sunday, the total debt stock comprises the…
The Naira on Friday closed on a negative note as it exchanged for N770.17 against the dollar at the investors and exporters window. The naira depreciated by 0.66 per cent when compared with N765.13 for which it exchanged for the…
The Managing Director and Regional Executive, Ecobank Nigeria, Bolaji Lawal, has reiterated the bank’s commitment to supporting any investment that will stimulate the growth of Nigeria’s economy and transform the opportunities in Nigeria into business and empowerment for the youth. Lawal…
