DeFi: Revolution or Reckless Gamble? Unregulated Crypto Markets Leave Investors Exposed by Joan Aimuengheuwa April 8, 2024 0 Digital Assets How can Nigeria leverage the potential of DeFi while mitigating the risks? Read more
CBN Aims for 95% Financial Inclusion by 2024 by Justice Godfrey Okamgba July 31, 2023 2 Finance The Central Bank of Nigeria (CBN) has announced that it has achieved a significant milestone of 64.1% financial inclusion. Financial ... Read more
Agusto & Co. Affirms Fidelity Bank Plc’s ‘A’ Credit Rating and Awards ‘2’ ESG Score by Justice Godfrey Okamgba July 19, 2023 0 Finance Agusto & Co., the Pan-African credit rating agency, has upheld the 'A' rating for Fidelity Bank Plc and assigned the ... Read more
LCCI Calls for Equal Access to FX for Importers by Justice Godfrey Okamgba July 18, 2023 0 Commerce The Lagos Chamber of Commerce and Industry (LCCI) has raised concerns over the unfair advantage enjoyed by certain importers of ... Read more
CBN Revokes Licenses of 2,698 Bureau de Change Operators by Justice Godfrey Okamgba July 18, 2023 0 Finance In a significant move, the Central Bank of Nigeria (CBN) has announced the withdrawal of operating licenses from 2,698 Bureau ... Read more
CBN Lowers Cash Reserve Ratio for Merchant Banks by Justice Godfrey Okamgba July 15, 2023 0 Finance The Central Bank of Nigeria (CBN) announced on Friday that it has reduced the Cash Reserve Ratio (CRR) for merchant ... Read more
Wema Bank Lifts Suspension on International Transactions for Naira Cards by Justice Godfrey Okamgba July 14, 2023 0 Finance Wema Bank, a prominent commercial bank in Nigeria, has announced the removal of the suspension on international transactions conducted using ... Read more
Foreign Exchange Reforms: BDC Operators Call for Inclusion, Legislation by Justice Godfrey Okamgba July 12, 2023 1 Economy Nigeria’s central bank has ended its distorted foreign exchange rate, a move the new government in Africa's biggest economy hopes ... Read more
Lawmakers Demand CBN to Revoke Social Media Disclosure for Customers by Justice Godfrey Okamgba July 12, 2023 0 News2 The House of Representatives has called on the Central Bank of Nigeria (CBN) to halt the implementation of its directive ... Read more
Nigerian Banks Warned about Transactions with High-Risk Countries by Justice Godfrey Okamgba July 6, 2023 0 Finance The Central Bank of Nigeria (CBN) has issued a cautionary message to Nigerian banks, urging them to exercise caution when ... Read more
SMEDAN, JAiz Bank to Disburse N1.2b Matching Funds to MSMEs by Justice Godfrey Okamgba July 5, 2023 1 Commerce Dr. Olawale Fasanya, Director General of the Small and Medium Enterprises Development Agency (SMEDAN), announced that SMEDAN, in partnership with ... Read more
Former Nigerian Finance Minister Lands World Bank Job Amid Controversy by Justice Godfrey Okamgba July 4, 2023 0 Finance According to reports, Zainab Ahmed, the former Minister of Finance, has secured a job as an Alternate Executive Director at ... Read more
Banks, UN Join Forces to Mobilize Private Capital for Climate Action in Emerging Markets by Justice Godfrey Okamgba June 30, 2023 0 Finance During a meeting at the Summit for a New Global Financing Pact in Paris, France, the Managing Director of the ... Read more
Tinubu in Paris: “Financial System Under Emefiele was Rotten” by Justice Godfrey Okamgba June 24, 2023 0 Finance President Bola Tinubu has expressed his concerns about the state of Nigeria's financial system under the leadership of the suspended ... Read more
Nigeria’s Debt Burden to Hit N81.64tn, Raises Concerns for Debt Sustainability by Justice Godfrey Okamgba June 23, 2023 0 Finance The Debt Management Office (DMO) in Nigeria has expressed concerns over the country's excessive borrowing, projecting that the debt burden ... Read more