FG urges underwriters to key into AfCFTA to drive economic growth
The Federal Government has advised insurance companies in Nigeria to explore the huge opportunities in African Continental Free Trade Area…
Legal battle over VAT unhealthy for businesses — LCCI
over the confusion that businesses may face amidst the legal battle over Value Added Tax (VAT) collection between the Federal…
57% population in sub-Saharan Africa financially excluded, says Mastercard
About 57 percent of the population in sub-Saharan Africa remains financially excluded while close to 30 percent remains without a…
NEPC calls for effective logistics to boost non-oil export
The Nigerian Export Promotion Council (NEPC) says Nigerian exporters need to deploy effective logistic supply chains to export their products…
Western Union, MoneyGram Others, May Lose $400m to Bitcoin Wallet’
There are palpable fears among money transfer providers across the world especially with the launch of El Salvador’s latest Bitcoin…
Amid a Falling Naira, CBN says Exchange Rates Would Converge
The Central Bank of Nigeria (CBN) maintains that there would be a convergence of exchange rates despite the depreciation seen…
Bankers’ Committee Orders Closure of All Banks In Minna, Niger State
The Bankers’ Committee has allegedly ordered all Deposit Money Banks in Minna, Niger State’s capital, to shut down both their…
CBN Denies Plans to Convert Currencies In Domiciliary Accounts
The Central Bank of Nigeria (CBN) on Saturday said it has no plans to convert foreign currencies in the domiciliary…
CBN Issues Guidelines for Basel III, to Commence Implementation in November
The Central Bank of Nigeria (CBN) has set November 2021 as the deadline for banks to begin implementing Basel III…
CBN Orders Banks to Publish Names of Forex Defaulters
As part of efforts aimed at curtailing fraud in forex transactions, the Central Bank of Nigeria (CBN) has ordered all…