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CBN directs banks to pay diaspora remittances to beneficiaries in naira
To use I&E window rate The Central Bank of Nigeria (CBN) has directed International Money Transfer Operators (IMTOs) to commence remittances pay-out in both Naira and foreign exchange to…
Group urges President Tinubu to release Kanu for peace sake
Nnamdi Kanu Congress of Civil Society Group (CCSG) Abia State Chapter has called on President Bola Tinubu to release the Leader of the Indigenous People of Biafra (IPOB), Mazi Nnamdi…
Nigeria redeems $500m bond, despite revenue challenges
DMO DG , Patricia Oniha   Nigeria has redeemed a $500m Eurobond, which matured on July 12, 2023, according to the Debt Management Office. In a statement published on its website,…
NNPCL, partners to add 192,000bpd to crude production
NNPCL logo The Nigerian National Petroleum Company Limited and its joint venture partners plan to add about 192,000 barrels of crude oil per day to Nigeria’s oil production between…
AVPA, Sterling One Foundation Announce Call for Applications for Africa Social Impact Summit 2023Â
By Ngozi Onyeakusi---The Sterling One Foundation and the African Venture Philanthropy Alliance have announced the upcoming ASIS 2023 Deal Room, which will take place on August 11, 2023, in Lagos,…
UNITED CAPITAL LAUNCHES #THISGIRLINVESTS CAMPAIGN TO PROMOTE FINANCIAL INCLUSION FOR WOMEN
United Capital Asset Management Ltd., a subsidiary of United Capital Plc, has launched  #ThisGirlInvests campaign to promote financial independence and security for women across Nigeria. The campaign seeks to encourage…
N3b Fraud:Â Elixir for arraignment October 9Â
Left to right: Clara-Bittinger Mshelia-Whyte and Sarah Ogbemudia both Directors of Elixir Asset Management Limited, Elixir Investment Partners Limited during their arraignment along with their companies for allegedly defrauding members…
AfDB/WAMI Aim to achieve Robust and Integrated West African Capital Market- WAMI DG
L-R: Ibrahim Hassan, deputy Director, FSS2020, Dr. Olorunmsola Olowofeso, DG, West Africa Monetary Institute, (WAMI), and Rep of SEC DG; Mr Dayo Obisan, Executive Commissioner, Securities and Exchange Commission during…
Anchor Insurance pays N1.42bn claims …As Gross Premium Records N13.15bn in 2022
L-R: Mr. Akinola Taiwo (Independent Director), Mr. Ebose Augustine Osegha (Managing Director/CEO), Dr. Elijah Akpan (Chairman), Mr. Ime Umoh (Company Secretary/Legal Adviser) and Mr. Imo-Abasi Jacob (Non-Executive Director) at the…
DBN empowers over 1,000 MSMEs in NorthÂ
The Development Bank of Nigeria (DBN) in continuation of its capacity development training programmes for Micro, Small and Medium Enterprises (MSMEs) in Nigeria, has organised a one-day training for over…
