The total inflows into the Investors and Exporters Window rose to $2.55bn in the months of May and June, according to data obtained from the FMDQ. The data indicated that total inflows into the 1&E window increased for the second…
The Nigeria Deposit Insurance Corporation has advised students to be financially disciplined by embracing financial savings, budgeting habits, and developing at all times for a productive and better living. The NDIC Zonal Controller in Sokoto, Mr Umar Kaoje-Bello, gave the…
CRC Credit Bureau Limited in partnership with Dun & Bradstreet has launched a new scoring model called the ‘CRC Delay Propensity Score,’ to address credit challenges. In a statement, it said, “In the ever-changing world of lending, financial institutions are…
By Sodiq Adelakun Bureau De Change operators in Nigeria have decried the Central Bank of Nigeria’s (CBN) exchange rate policy. Recall that the CBN announced the unification of all segments of Nigeria’s foreign exchange market, consolidating all windows into one On…
Wema Bank, Nigeria’s most innovative bank and the pioneer of Africa’s first full-fledged digital bank, ALAT, is partnering with leading education technology platform, Utiva, to train SME and startup entrepreneurs, as well as working-class professionals, in Nigeria. Scheduled for Friday,…
By Sodiq Adelakun Access Bank Plc has been recognised for its many initiatives aimed at providing supports to female-owned businesses. The bank won Company Leadership in Gender Diversity Award; Family-Friendly Workplace Excellence Award, and Gender Equality Champion Award at the…
The International Institute of Tropical Agriculture (IITA) and partners have advised stakeholders in the agro-industry to collaborate, invest and empower youths to make the sector economically viable and productive. This was the primary submission at the agribusiness investors network organised…
The African Export-Import Bank’s (Afreximbank), 2023 edition of the African Trade Report (ATR2023) was launched at the Bank’s Annual Meeting – AAM2023 and 30th Anniversary celebrations in Accra, Ghana. Speaking during the launch, the President and Chairman of the Board…
By Sodiq Adelakun The Federal Competition and Consumer Protection Commission (FCCPC) has said it will delist any loan application harassing customers and ask Google to permanently delete such apps from its app store. This was in response to the continued…
…As Nigerian banks lose N472m to fraudsters A report on fraud and forgeries in the Nigerian Banking System has revealed that fraud increased by 19.51 per cent in Q1 2023 bringing the figures to 1,985 cases from 1,661 cases in the…
