Remittances Inflows: Nigeria Tops Other African countries…Among Top 5 Globally -Emefiele
The Central Bank of Nigeria, CBN, Governor, Godwin Emefiele, says Nigeria has topped other African countries in remittances of inflows and is among the top five globally. He made this known…
Global Banks’ Exit From Nigeria Will Lead to Drop in FDIs- Experts
Some financial experts on Monday said that the exit of HSBC and UBS global banks from Nigeria would lead to drop in Foreign Direct Investments (FDIs). They…
TSA Service Charge Payments: FG will longer bear cost… Says it has Spent N16 billion in two years— AGF
The Federal Government says it will henceforth no longer bear the service charge cost on all payments to its Ministries, Departments and Agencies (MDAs) as such costs…
CBN injects $300m, 56.17m CNY into retail Secondary Market Intervention Sales for Agriculture and Raw Materials Sectors
Godwin Emefiele, CBN Gov. The Central Bank of Nigeria (CBN) on Friday said it injected 337.16 million dollars in the retail Secondary Market Intervention Sales (SMIS) in its first…
NHIS: My suspension is coup against transparency – Yusuf
The Executive Secretary of the National Health Insurance Scheme (NHIS), Prof. Usman Yusuf, has described his suspension by the Governing Board as “a coup against transparency’’. He said that the…
$3.5bn Subsidy Fund: Senate Gives NNPC Two Weeks to Submit Documents for Exoneration
GMD, NNPC, Maikanti Baru Following the recent allegation that a 3.5 billion-dollar fund was allegedly kept and utilised by the Nigeria National Petroleum Corporation (NNPC) for fuel subsidy,…
$22.06bn, N481.75bn not remitted to Federation Account under PDP govt, says NEITI
The Nigeria Extractive Industries Transparency Initiative (NEITI) says that the $22.06 billion  and N481.75 billion yet to be remitted by NNPC and others to the Federation Account are legacy issues…
Nigeria, Morocco partner to tackle economic challenges
King Mohammed VI and President Buhari Nigeria and Morocco have mapped out strategies to tackle various economic challenges confronting both countries. The initiative, championed by the…
Explore the Possibility of Mergers and Acquisitions, CBN tells MFBs as it increases capital requirements
By: Theresa Igata The Central Bank of Nigeria, CBN, has increased the capital requirements for microfinance banks in the country in a bid to strengthen the sub-sector…
Affordable Housing: Public, Private sector participants to collaborate to make it a reality
Chii Akporji, Executive Director for Policy and Strategy, NMRC As the continent’s largest economy, international development experts, innovators and funders increasingly believe that Nigeria is positioned…