4 Apr
Rising inflation, tensed sociopolitical developments, cash and fuel scarcity are factors expected to depress the equities market and propel migration to the fixed market in the current quarter (Q2), stockbrokers have said.
5 Apr
The Guardian had warned that the bold plan by the CBN to redesign and issue new naira notes from mid-December was wrongheaded and ill-timed. The CBN, in presenting the new currency plan, had leveraged the unease with substantial currency holdings outside of the banking sector and the purportedly detrimental effect on the effectiveness of monetary policy to support the decision to change the notes.
5 Apr
The Central Bank of Nigeria (CBN) has issued Traction, an MSME fintech platform, a three-in-one licence to operate officially as a payment solution provider across various payment categories.
4 Apr
For effective compliance with Anti-Money Laundering and Combating Financing of Terrorism (AML/CFT) laws, the Inter-Governmental Action Group against Money Laundering in West Africa (GIABA) Tuesday, began a three-day training for operators of Bureau De Change.
5 Apr
The Nigerian Communications Commission (NCC) has denied claims of telephone tracking and leakage against it in the media.
5 Apr
A former governor of the Central Bank of Nigeria (CBN), Muhammad Sanusi, said Nigeria has been ‘dangerously’ divided by ethnicity and religion. Sanusi, in a statement on Tuesday, said the situation has put the integrity of public institutions in question. The former Emir of Kano pointed out that the country is more divided than it…