Nigerian deposit money banks accessed more than N9 trillion to fund operations as the liquidity shortage bit last week. The financial system…
Category:
Finance
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Central Bank of Nigeria (CBN) is set to open Treasury bills worth N700 billion to investors for subscriptions at the primary market…
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Africa’s leading payments technology company, Flutterwave, is now enabling digital tax collections for the Federal Inland Revenue Service (FIRS), making it one…
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The Nigeria Extractive Industries Transparency Initiative (NEITI) has revealed that the Federation Accounts Allocation Committee (FAAC) disbursed an unprecedented N15.26 trillion to…
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The CEO of MTN Group has said that the worst should be over for the company as its Nigeria unit recovers, after…
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The National Insurance Commission (NAICOM) welcomes the passage of the Insurance Reform Bill by the Federal House of Representatives. This follows the…
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Africa Finance Corporation said it is accelerating efforts to mobilise the continent’s own money for investments, and tapping investors in the Middle…
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The National Insurance Commission (NAICOM) has taken another step to strengthen the insurance industry in Nigeria by issuing a license to CHI…
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Bureau De Change (BDC) operators have attributed the recent crash of the naira in the foreign exchange market to the huge demand…
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Finance
CBN withdraws N1.68trn from circulation by selling OMO Bills to local, foreign investors at 19.32%
The Central Bank of Nigeria (CBN) pulled out N1.68 trillion out of circulation through opem market operation; by selling OMO bills to…
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A Federal High Court sitting in Lagos has ordered the final forfeiture of another $1.4 million linked to a former Governor of…
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N Seven, the new single largest shareholder of Guinness Nigeria Plc, has offered to take out minority interest at N81.60. The move…
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Wema Bank says it aims to stimulate entrepreneurship further, attract investment, and accelerate Nigeria’s economic development by fostering a thriving technology ecosystem…
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Central Bank of Nigeria (CBN), released the results of Wednesday Treasury Bills (T-Bills) auction conducted on March 5, 2025. The auction, which…
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Finance
Ecobank Group expands its gender-financing offer to facilitate access to financing for Africa’s women entrepreneurs
To bridge the gender financing gap for Africa’s women entrepreneurs, Ecobank, said that it has introduced significant enhancements to its multi-award-winning gender-financing…