Central Bank of Nigeria CBN has introduced electronic certificate for capital importation to replace the hard copy that has been in use.…
Finance
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The Central Bank of Nigeria (CBN), in its relentless effort to keep the inter-bank foreign exchange market liquid has intervened with another…
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Top officials of United Bank for Africa(UBA)Plc participated at the roundtable Forum organised in Paris by the government of the Republic of Tchad,…
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The African Development Bank (AfDB) has emphasised the need to ensure coherence between the East Africa’s regional integration agenda and the engagement…
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The Central Bank of Nigeria (CBN) has assured of its continued intervention in the inter-bank Foreign Exchange market in order to sustain…
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Some shareholders of Oando Plc have accused the Securities and Exchange Commission (SEC) of betrayal accusing the regulator of culpable in the…
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The European Bank for Reconstruction and Development EBRD is to start investing in Lebanon after the Bank’s Board of Governors decided in…
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The Nigerian Stock Exchange has said that trading on the shares of Avon Crowncaps & Containers (Nig.) Plc on the floor of…
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Nigerian Stock Exchange has notified Dealing Members that Prestige Assurance Plc has made an application to it for a “No Objection” to…
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Ecobank Transnational Incorporated said in a statement that it has signed a $250 million senior unsecured loan facility. Ecobank Transnational Incorporated, ETI,…
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A total turnover of 998.973 million shares worth N11.455 billion in 13,626 deals were traded last week by investors on the floor…
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Non oil revenue of the federal government received a boost from the revenue drive of the Federal Inland Revenue Service in the…
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BusinessFinanceNews
Insurers see more demand from banks for cover against cyber attacks, rogue staff
Banks are increasingly turning to insurance to protect their capital from “operational risks” like cyber attacks and rogue traders, and insurers say…
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At the close of trading at the Nigerian Stock Market, the prices of shares traded in the market lost value for the…
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Access Bank managing Director Herbert Wigwe has said the bank has made a loan loss provision of N4 billion on its loan…