Money market

IMF outlines priority policy to foster financial inclusion

By Sodiq Adelakun The International Monetary Fund (IMF) has outlined priority policy options for fostering financial inclusion in Africa’s biggest economy. They are further increase in financial access points, promote digital financial services, improve financial literacy, upgrade framework for fintech…

Stanbic IBTC grows income by 40%

Stanbic IBTC Holdings Plc said its income grew by 40 per cent in 2022 financial period. The Chief Executive, Stanbic IBTC, Demola Sogunle, disclosed this while presenting its 2022 financials at its 11th annual general meeting in Lagos. He said,…

Naira falls further at parallel market

Nigeria’s currency on Friday slipped further against the dollar by 0.26 per cent as demand increased at the parallel market. During the intraday foreign exchange trading on Friday, the dollar traded at the rate of N765 compared to N763 on…