There are palpable fear by firms and private individual whose properties were vandalised and looted by hoodlums if the insurance industry in…
Category:
Finance
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Access Bank Nigeria Plc. has said it is offering a N50 billion interest free facilities to support Nigerians and grants to support…
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Diaspora remittance to Sub-Sahara Africa in 2019 totalled $48 billion according World Bank Group report. These are transfers from workers and other…
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At the close of trade, the local bourse closed northward as investors took position in DANGCEM (+0.7%), ETI (+7.7%) and GUARANTY (+0.7%).…
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BusinessEconomyFinanceNews
Remittance a veritable means to alleviate poverty in Nigeria– NIDO President
President, Nigerians in Diaspora Organisation (NIDO), New Jersey, Dr. Kazeem Bello, says remittances by Nigerians living abroad can be a veritable means to…
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The World Bank has said that Oil prices are expected to average $44 per barrel in 2021, up from an estimated $41…
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Price appreciation in MTNN (+1.5%), STANBIC (+2.3%) and UBA (+3.0%) buoyed positive performance in the local bourse as the benchmark index increased 40bps to…
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The International Monetary Funds has said in its regional Economic Outlook for Sub Sahara Africa that its road to recovery is a…
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Access Bank Nigeria Plc has denied social and some electronic media reports that it aided the military attack on peaceful #EndSARS protesters at Lekki, by…
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Central Bank of Nigeria has been asked to unfreeze all currently frozen accounts in Nigeria within 48 hours by members of Nigeria…
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Sell pressures dominated today’s trading session as investors booked gains from MTNN (-1.4%), GUINNESS (-5.9%) and ARDOVA (-6.3%). As a result, the All-Share index declined 75bps…
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EconomyFinanceNews
Abike Dabiri-Erewa, Akinwuntan, others offer solutions to attract high diaspora remittance
With proper engagement, transparent exchange rate and a pan African Bank such as Ecobank that has innovative digital technology, Nigeria can attract…
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BusinessEconomyFinance
Afreximbank’s Fourth Annual Babacar Ndiaye Lecture: Africa remaking of the new World Order
Now in its fourth edition, the Babacar Ndiaye Lecture that will take place today, brings together leaders in the public and private…
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Price upticks in the Consumer Goods stocks – NIGERIAN BREWERIES (+4.7%), INTBREW (+9.9%) and FLOURMILL (+4.6%) buoyed the performance of the local bourse…
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EconomyFinanceNews
Fed’s Powell: More important for U.S. to get digital currency right than be first
In any development of a cross-border digital currency, it is more important for the United States “to get it right than be…