Metro

The Federal Government has assured of its readiness to partner with any group or stakeholders towards the transformation and economic development of the country. Minister of Finance, Mrs Zainab Ahmed stated this at the closing session of the UK-Nigeria Climate Finance Accelerator workshop (CFA) held at the Zonal office of the Securities and Exchange Commission, SEC, in Lagos, weekend. Ahmed, …

Read More »

Managing Director, Ecobank Nigeria, Patrick Ainwuntan has said the bank’s decision to charge zero fee of (on) RapidTransfer remittances is borne out of the need to ensure Nigerians abroad are able to send home 100 percent of monies made through hard work. According to him,” “Because we are able to do it per scale and because we know that when …

Read More »

A new African free trade area could be just weeks away as the last few countries ratify an agreement signed last year. The plan to boost intra-African trade by half is gaining much attention in Davos this year. When you ask Tony Elumelu if Africa would profit from free trade, the Nigerian entrepreneur and philanthropist does not have to think …

Read More »

The Central Bank of Nigeria has imposed a penal fee of N1m on each branch of Deposit Money Banks for non-compliance with its ‘Banknote fitness guidelines and clean note policy documents for the industry.’ The regulator disclosed this in a circular to all DMBs on ‘Penalty for payment of counterfeit monies from ATMs, Teller Points’ on Wednesday. It said, “The …

Read More »

In a bid to expand the scope of access to credit especially on its platform, the Development Bank of Nigeria, DBN, would be setting up a subsidiary to undertake credit guarantees for participating financial institutions, PFIs. Meanwhile, the bank, in its first year of operations, exceeded its projected performance with a total loan disbursement of N31.36 billion to 35,000 Micro, …

Read More »

Transparency International Nigeria has said the TraderMoni scheme, a collateral-free loan initiative targeted at petty traders and artisans as part of the National Social Investment Programme of the Federal Government, is a form of voter inducement. The chairman of the anti-corruption organisation, Awwal Rafsanjani, who spoke on Lunchtime Politics, a programme of Channels Television, noted that the initiative was an …

Read More »

The Nigerian Stock Exchange (NSE), joined the rest of the world on Thursday, January 24, 2019, to commemorate the first-ever International Day of Education with a special excursion programme and a Closing Gong ceremony on the floor of the Exchange in Lagos. This is in line with the commitment of NSE to enhance cooperation in supporting efforts towards the realization …

Read More »

Photo Caption: From Left; Economist IMF Mr Harrison Okafor, Senior Financial Sector  IMF, Mr Ayman Alfi, Acting Executive Commissioner, Operations, Securities and Exchange Commission Mr Isyaku Tilde and Deputy Director, Collectives Investment Services SEC Mr Efiok Ekpeyong Efiok during a Meeting between IMF Delegates and SEC in Abuja yesterday Advertisement

Read More »

….Recommends NLNG Model For Refineries By Simon Ugwu The Petroleum and Natural Gas Senior Staff Association of Nigeria has condemned what it described as the lingering anti-labour practice perpetrated by some indigenous oil companies operating in the country against their employees, especially Nigerian workers. Arising from the Association’s National Executive Council (NEC) meeting in Uyo, Akwa Ibom State recently, PENGASSAN …

Read More »

Students of the Aduvie Pre-University College on an Exhibition Tour during Edu-Canada Fair in Abuja yesterday   Advertisement

Read More »