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SEC, NFIU sign MoU to tackle ponzi schemes, fraud
The Securities and Exchange Commission (SEC) has signed a Memorandum of Understanding (MoU) with the Nigerian Financial…
Nigeria has 122.4 million active bank accounts – NIBSS
Latest figures released by the Nigeria Inter-Bank Settlement Systems (NIBSS) have revealed that there are over 122 million bank…
Christine Largarde formally bows out of IMF
The International Monetary Fund has now formally accepted the resignation of its managing director, Christine Lagarde, who has…
Nigeria inflation falls to 11.22% — lowest in one year
The National Bureau of Statistics on Monday said the Consumer Price Index (CPI) which measures inflation rate dropped to 11.22…
Labour dialogues Ecobank over mass sack of contract staff
Members of the organized labour under the aegis of the Nigeria Labour Congress (NLC) have entered into dialogue with Ecobank over…
CBN cuts Daily Standing Deposit facility to N2bn
The Central Bank of Nigeria (CBN) on Wednesday released new guidelines on Standing Deposit Facility (SDF) for banks and discount…
Desist from abusing Naira notes, CBN warns Nigerians
The Central Bank of Nigeria (CBN), has appealed to Nigerians to stop defacing the naira, describing it as a national identity and…
NNPC denies rumoured fuel hike, scarcity
The Nigerian National Petroleum Corporation (NNPC) has advised motorists and other petroleum products consumers to disregard…
Osinbajo hosts London Stock Exchange Africa Advisory Group
Vice President Yemi Osinbajo on Wednesday at the Presidential Villa, Abuja, met with a delegation of the London Stock…
Nigeria’s debt rises by 2.3% to N25trn in Q1 2019
The Debt Management Office (DMO) has disclosed that the total debt profile of Nigeria marginally increased by 2.3 percent in the…