Tag Archives: CBN

The Central Bank of Nigeria and other agencies involved in the implementation of the Financial System Strategy 2020 will converge on Lagos this week to mark 10 years of strategising to bring into existence the programme. The objective of the event, which holds on Wednesday and Thursday, is to review the status of the FSS 2020 programme and deliberate on …

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 Photo Caption: From   Left: Moses Umoru, General Manager, Franco-Nigerian Chamber of Commerce (FNCCI); Eric Jeanneau, General Manager, Total E&P Nig Ltd; Tinuade Awe, General Counsel & Head of Regulation, The Nigerian Stock Exchange (NSE); Laurent Polonceaux, Consul General of the French Consulate; Tony Ibeziako, Ag. Head, Capital Markets Division; Francis Widmer, Economic Counsellor of the French Embassy and Laurent Couderc, Ponticelli …

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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 The Exchange yesterday in Lagos.

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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 regulatory agency, as at September …

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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 be slowing down. The report …

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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 Saving Days lecture organized by …

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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 this new ranking would attract …

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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, Queen Maxima of the Netherlands, …

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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 crisis in 2015 dragged the …

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...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 again due to its zero …

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