Some Point of Sale (PoS) operators in satellite towns of the Federal Capital Territory (FCT) are making brisk business with the new naira notes. Our correspondent...
The National Bureau of Statistics (NBS), says Nigeria’s headline inflation rate declined to 21.34 per cent on a year-on-year basis in December 2022. This is according...
The Central Bank of Nigeria (CBN) says the naira redesign will encourage expanded financial inclusion and other forms of electronic transactions. Ahmed Umar, the Director, Currency...
The Nigeria Deposit Insurance Corporation (NDIC) has assured bank depositors of the safety of their monies in banks even in unlikely event of bank failure. Dr...
The Securities and Exchange Commission (SEC) says non-interest segment of the capital market is capable of financing the housing sector and lead to better well-being of...
The Nigeria Deposit Insurance Corporation (NDIC) says it will continue to work with the Central Bank of Nigeria (CBN) to conduct Risk Based Supervision (RBS) in...
China’s Central Bank on Tuesday conducted a total of two billion Yuan (about 281.3 million dollars) of reverse repurchase to maintain liquidity in the banking system....
The Securities and Exchange Commission has released new rules on Shariah Advisory Services for non-interest capital market products and services. A statement by the Commission in...
The Securities and Exchange Commission (SEC) has described ponzi scheme as “cancer” bedeviling effective operations of the capital market. The Director-General of SEC, Mr Lamido Yuguda,...
The Securities and Exchange Commission (SEC), says it will sanction stakeholders whose actions are frustrating its efforts toward reducing the volume of unclaimed dividends. Mr Lamido...