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 ...
Nigeria
CBN stops forex sales to Bureau De Change operators, retains lending rate
The regulator will henceforth sell dollars and other foreign currencies directly to commercial banks, which have been mandated to sell to Nigerians. The ...
News
Nigeria:Diaspora remittances rise 5% to $4.3bn in Q1’21
Diaspora remittances rose by five per cent, quarter-on-quarter, QoQ, to $4.3 billion in the first quarter of this year, Q1’21, from $4.1 billion ...
News
Nigeria: FG extends NIN-SIM deadline as enrolment hits 59 million
The Federal Government has again approved extension of deadline for National Identity Number (NIN)-Subscriber Identity Module (SIM) data verification to October 31, 2021. ...