Business/Finance

Deposit Insurance Corporation Raises Depositors’ C

NDPC partners with Gates Foundation and KPMG on open banking

Dr. Vincent Olatunji (National Commissioner, NDPC)

The Nigeria Data Protection Commission, commenced partnership with the Bill and Melinda Gates Foundation and KPMG, in developing open banking frameworks in a move to deepen financial inclusion. The Chief Executive Officer of the NDPC, Vincent Olatunji, on Tuesday, received the Senior Programme Officer for Regulatory and Consumer Protection Techn ... Read more

NGX Group discloses its plans for digital platform for public offers

The Nigerian Exchange Group has disclosed its plans to provide an online platform for public offers as well as expand its footprint across the African continent. This was revealed at the 63rd Annual General Meeting of the group, which was held recently in Lagos. In early April, the NGX Group announced the acquisition of stakes in Ethiopia&rsq ... Read more

N15tn Highway: FG Hold Compensation For Property Owners

The Minister of Works, David Umahi, has yet to compensate property owners affected by the Lagos-Calabal Coastal Highway project. It was earlier confirmed by the Federal Government that it would pay compensation to all property owners along the path the 700km Lagos-Calabar Coastal Highway. Earlier, Umahi stated that President Bola Tinubu had a ... Read more

$2.4bn Out Of $7bn Forex Claims Are Fictitious, Says CBN

The Deputy Governor of Corporate Services at the Central Bank of Nigeria, Mohammed Bello, has noted that about $2.4bn out of the claimed backlog of $7bn forex claims were fictitious. He disclosed this during the 2024 Law Week event of the Nigerian Bar Association at Garki Branch in Abuja on Monday. Bello noted that upon assumption of office, ... Read more

CBN Plans To Attract FDI, Says Cardoso

Dr. Olayemi Cardoso (Governor, Central Bank of Nigeria (CBN)

The Governor of the Central Bank of Nigeria, Yemi Cardoso, has explained that public relations is an indispensable tool for any country to achieve economic prosperity. The CBN governor, represented by the Assistant Director and Head of Corporate Communications of the apex bank, Lagos, Mr. Uchenna Ogbonna, disclosed this during the just concluded ... Read more

$750bn, Nigeria’s Solid Mineral Wealth Worth That Much, Says Alake

Dele Alake ( Minister of Solid Minerals Development)

The Minister of Solid Minerals Development, Dele Alake, on Monday, has disclosed that currently, Nigeria possesses a deposit of mineral products worth $750bn. This was disclosed by the minister at a two-day national stakeholders’ roundtable on sustainable development of the mining industry organised by the National Institute for Policy and ... Read more

Nigeria Launches New Fiscal Incenti

Today, in a move to further revitalise the oil and gas industry’s contribu ...
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BDC Operators Discloses Plan To Har

The Association of Bureaux De Change Operators of Nigeria has disclosed its plan ...
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CBN Releases Fresh Forex To Bureau

Dr. Olayemi Cardoso (Governor, Central Bank of Nigeria (CBN)

Indications have emerged that Naira may hit below N1000 against US dollar as the ...
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Nigeria Must Focus On Human Capital

The Vice-Chancellor of the University of Calabar, Professor Florence Obi, has di ...
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ARDA Partners With GLPGP To Tackle

The African Refiners and Distributors Association (ARDA) in partnership with the ...
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