CBN Intervenes in Forex Market with $210m The Central Bank of Nigeria (CBN) on Tuesday intervened in the interbank sector of the foreign exchange market to...
Banks to Accelerate Financial Inclusion with 500,000 Agent Networks Commercial banks in Nigeria in collaboration with the Central Bank of Nigeria (CBN), the licenced mobile money...
CBN, Banks Target 50 Million Unbanked Nigerians with SAN The Central Bank of Nigeria, Deposit Money Banks, licensed mobile money operators and super agents have agreed...
UBA London Subsidiary Gets Wholesale Banking Licence The United Bank for Africa on Tuesday announced that its London subsidiary had obtained regulatory approval to carry out...
Milost Cancels $1b Unity Bank Stake Plan Milost Global Inc., a New York private equity firm, yesterday terminated a $1 billion equity and debt deal meant...
TSA: FG Renegotiates Fees With Service Providers The Federal Government has commenced negotiations with all service providers on the Treasury Single Account in a bid to...
FG Targets N5bn From Measurement Equipment Licensing Fees The Federal Government is planning to generate the sum of N5bn in the 2018 fiscal period from statutory...
TSA Accruals Now N8.9tr, Says Adeosun The Treasury Single Account (TSA) has yielded over N8.9 trillion revenue, the Minister of Finance, Mrs. Kemi Adeosun, said yesterday....
Lafarge Africa Lists N131b Rights Shares Lafarge Africa Plc has listed about 3.1 billion ordinary shares of 50 kobo each, increasing the cement company’s market capitalisation...
Equities Market Remains Bearish on Continuing Sell Pressure Sell pressure at the stock market persisted last week despite the release of more improved financial results and...
