NSE’s Sendforth Ceremony For Two Of Its Former Directors

Photo Caption: From Left: Oscar Onyema, Chief Executive Officer,  The Nigerian Stock Exchange (NSE); Haruna Jalo-Waziri, former Executive Director, Capital Markets Division, NSE; Maimuna Jalo-Waziri, wife of Haruna Jalo-Waziri; Mrs. Bajomo, mother of Ade Bajomo;  Ade Bajomo, former Executive Director, Market Operations and Technology, NSE and Abimbola Ogunbanjo, President, NSE during the sendforth event for Ade Bajomo and Haruna Jalo-Waziri at […]

CBN Registers 285 More BDCs, Operators Hit 3,432

The Central Bank of Nigeria (CBN) has registered an additional 285 foreign exchange dealers, bureau de change operators, in the country between January and September this year. The Association of Bureau De Change Operators of Nigeria (ABCON) said the exercise would further deepen the retail foreign exchange segment of the market. According to the apex […]

Inflation Declines For Consecutive Months To 15.91% – NBS

The National Bureau of Statistics on Wednesday released the Consumer Price Index  which measures inflation with the index dropping year-on-year from 15.98 per cent in September to 15.91 per cent in October. The bureau in the report which was made available said this is the ninth consecutive month since January this year that the index would […]

World Saving Days lecture Organized By Ecobank For Staff and Students of Govt. Girls Unity College Damaturu…Pix

Photo Caption: From Left: Area Manager, Public Sector, North East, Ecobank Nigeria, Umar Bako; Area Manager, Personal Banking, North East, Ecobank Nigeria, Babagana Kyari; Senior Teacher/Rep. Principal, Govt. Girls Unity College, Damaturu, Shehu Zakari; and overall best student of Govt. Girls Unity College and award recipient of Ecobank, Suhayya Suleiman Dan Azumi, during the World […]

Elumelu at Presidential Villa, Implores Investors on Nigeria’s Business Ranking

Foremost industrialist and entrepreneur, Tony Elumelu, on Monday urged Nigerian and foreign investors to take advantage of the World Bank’s Ease of Doing Business ranking of Nigeria to invest in the country.  Speaking with Journalists after a visit to the Presidential villa, Elumelu said there is so much private global capital looking for investment destination, adding that […]

NCC, CBN Sign Agreement on Mobile Money Services

The Nigerian Communications Commission NCC, has signed a Memorandum of Understanding with the Central Bank of Nigeria to enable digital mobile operators incorporate Special Purpose Vehicles to offer mobile money services. The Executive Vice Chairman, NCC, Prof. Umaru Danbatta, stated this while hosting the United Nations Secretary General’s Special Advocate for Financial Inclusion for Development, […]

Flourmills Building

Flour Mills of Nigeria Plans Share Sale to Reduce Debt

Flour Mills of Nigeria has concluded plans to sell shares through a rights issue to cut debt and is registering a N70 billion bond programme to refinance short-term loans, the conglomerate said on Wednesday, Reuters has reported. Several Nigerian companies have tapped capital markets this year to shore up their balance sheets after a currency […]

Companies Fake Poor Operating Positions To Seek Delisting…SEC

…As Commission Put Strigent Measure in Place To Check Further Abuse …Encourages Youth To Imbibe Saving Culture The Securities and Exchange Commission (SEC), has disclosed that listed companies have been found to fake operating positions to get regulatory approval to delist from the equities market. The Commission said to further checkmate such scenario from playing-up […]

Heritage Bank Partners IFCOD on Use of Art Performance for Socio-Economic Devt

As part of its commitment to the growth and socio-economic development of Nigeria’s creative industry, Heritage Bank Plc has partnered with the organizers of the International Festival of Contemporary Dance (IFCOD) to host the second edition of One Language, a musical production of intrigue, dance and drama. The essence of the musical production is to unite […]