Nigeria’s banking sector contributed N168.4tr to GDP in three years – Osinbajo
Nigeria’s banking industry has contributed N168.4 trillion to the country’s Gross Domestic Product (GDP) between 2017 and 2020. Vice President…
Reps ask CBN to impose ‘stringent regulation’ on POS operators
The House of Representatives has asked the Central Bank of Nigeria (CBN) to introduce “stringent regulations” on the operators of…
PenCom approves merger, acquisition of pension operators
The National Pension Commission (PenCom) on Wednesday announced the approval of the request for the merger and acquisition of some…
Nigeria ranks low in World Bank projects’ implementation, says Finance Minister
The Minister of Finance, Budget and National Planning, Zainab Ahmed, says Nigeria ranks low in terms of the level of…
CBN’s OMO auctions drop by 67% to N400bn on weak economic activities
As Nigeria’s financial markets continued to dance to the tune of monetary policy implementations, the Central Bank of Nigeria (CBN)…
FG to partner CBN, SEC on national savings scheme
The Minister of Finance, Budget and National Planning, Zainab Ahmed has received the National Savings Scheme Report from the Working…
IMF warns FG against fresh borrowings to fund fuel subsidy
Following the Federal Government’s plan to extend the fuel subsidy regime by 18 months, the International Monetary Fund (IMF) has…
Stock market capitalisation falls to N25.41tn
The market capitalisation of equities listed on the Nigerian Exchange Limited fell by 0.12 per cent to close at N25.41tn…
Senate Confirms Chidinma Osuji as Executive Director of NDIC
The Senate has confirmed the nomination of Mrs. Emily Chidinma Osuji as Executive Director of the Nigerian Deposit Insurance Corporation…
BoI raises €700m eurobond to help businesses with financial support
The Bank of Industry (BoI) has raised a €700 million eurobond to provide funding for the growth of businesses in…