News
NIGERIA : EXCHANGE RATE WILL FALL TO N423/1$, BANK CEOS ASSURES NIGERIANS
The Committee of Banks Chief Executive Officers in Nigeria headed by the CEO of Access Bank, Herbert Wigwe has assured that the exchange ...
News
NIGERIA : NCC INTRODUCES DEVICES TO TACKLE SIM-RELATED CRIMES
The Nigerian Communications Commission (NCC) has instituted a Device Management System (DMS) to tackle SIM boxing and call masking, two acts that are ...
Nigeria
Nigeria: CBN directs commercial banks to set up Forex teller points
The Central Bank of Nigeria (CBN) has directed Deposit Money Banks (DMBs) to set up teller points in designated branches for the sale ...
News
Nigeria: Unique NIN Enrolments Hit 59.8m with Average of Three SIMs
The total number of unique National Identity Number (NIN) that has been verified across networks in Nigeria has reached 59.8 million as at ...
Nigeria
CBN to refund capital deposit, licensing fees to BDCs
The Central Bank of Nigeria has said it will commence the refund of the N35 million minimum capital deposits to applicants of Bureau De Change ...
News
NIGERIA: WEMA BANK APPOINTS 2 NON-EXECUTIVE DIRECTORS
Wema Bank Plc has appointed two Non-Executive Directors to its board following the approval of the Central Bank of Nigeria (CBN). The bank ...
Nigeria
Nigeria: CBN Releases $200m to Banks to Quell Forex Speculation
The Central Bank of Nigeria (CBN) yesterday released a total of $200 million to all commercial banks in the country as part of ...
Nigeria
Piggyvest to scale operation in Nigeria with latest acquisition
Nigerian based wealth management platform – Piggyvest has acquired VFD owned Savi.ng – a platform that is also into wealth management for an ...
Intelligence
Nigeria’s capital importation fell to $875.62m in Q2 – NBS
The total value of capital importation into Nigeria decreased to $875.62m in the second quarter of 2021 from $1.91bn in the first quarter ...
News
NIGERIA : STANBIC IBTC CAPITAL NAMED NIGERIA’S BEST INVESTMENT BANK
Stanbic IBTC Capital, the investment banking subsidiary of Stanbic IBTC Holdings PLC, has been named as the “Best Investment Bank in Nigeria” at ...