Declining fortunes of Nigerian Stock Exchange
Oscar Onyema, chief executive officer of the Nigerian Stock Exchange predicts that although 2016 would be challenging for the…
Investors, banks brace for gloomy financial year
With the crash in the price of crude oil in the international market and the attendant depreciation of the Naira…
Much ado about numbers!
In the wake of dodgy official statistics presented by government agencies which do not reflect the true state of the…
Understanding Nigeria’s exchange rate dilemma
As the current exchange rate crisis in Nigeria deepens following the decline of the Naira in the black market where…
CBN forex policy and the burden of importers
Importers lament over the difficulty in sourcing the greenback to place order for consignments following the stoppage of sale of…
FCMB unveils e-invoicing initiative for SMEs
First City Monument Bank Limited says it has introduced a tracking and reconciliation solution with electronic invoicing capabilities designed to…
Investors lose N804bn in seven days
Equity investors in the Nigerian Stock Exchange lost N804billion within the first seven trading days of 2016. Market capitalization of…
NDIC‘s cover for non-interest banks’ deposit liabilities
The Nigeria Deposit Insurance Corporation (NDIC) has established a framework for insuring deposit liabilities of non-interest financial institutions in the…
Asian stocks slide after China guides yuan lower
Asian stocks fell to a three-month low on Thursday after China opted to keep guiding the yuan sharply lower, deepening…
MoneyGram Launches Account Deposit into Nigeria’s $21 Billion Annual Remittance Market
Moneygram has announced it is the first money transfer company to offer customers in France, Germany, Ireland, Italy and Spain…