Managing Director, Ecobank Nigeria, Patrick Akinwuntan has said the biggest growth opportunities in digital financial inclusion lies in the ability to combine the mobile phone, cards...
By Tobias Adrian, Gita Gopinath, and Ceyla Pazarbasioglu In a continuous effort to help countries manage volatile cross-border capital flows, the IMF has taken a major step...
At the close of trade, the domestic equities market fell marginally by 4bps to close at 35,029.82 points due to sell-offs in FBNH (-0.7%), UBA (-0.6%) and ARDOVA (-8.7%). Consequently, investors...
Nigeria’s total foreign trade for the third quarter of 2020 rose by 33.77% to stand at N8.4 trillion compared to N6.24 trillion recorded in the second...
By Jennifer Elliott and Nigel Jenkinson Many of us take for granted the ability to withdraw money from our bank account, wire it to family in...
Federal, State and Local Government shared a total of N682bn in October 2020 according tom data published by National Bureau of Statistics on its website. As...
Gtbank’s planned Holding company structure has received the backing of its shareholders The shareholders are excited about the benefits they would get from the new structure....
The value of shares listed on the main board of the Nigerian Stock Exchange rose by N89 billion due to price appreciation recorded in Airtel Africa....
Ecobank Group made N461.2 billion revenue in nine months for the period ended 30th September 2020, representing nine per cent increase against the corresponding period of...
Central Bank of Nigeria Governor Mr. Godwin Emefiele has said that Nigeria is expected to receive a total of $24 billion foreign exchange inflow annually as...
A Framework Agreement was signed on December 1st in Cairo between the African Export-Import Bank (Afreximbank), the pan-African multilateral EXIM bank, and the African Energy Investment...
Central Bank of Nigeria CBN, has introduced “Special Bills” in an effort to deepen the financial markets. The apex bank in a circular titled the Introduction...
Sell off in Nigeria Breweries, Guaranty, Zenith dragged the benchmark index lower by 26bps to 35,056.82 points. Consequently, investors lost ₦42.0bn as market capitalisation fell to ₦18.3tn while YTD return moderated...
Stakeholders in cybersecurity have gathered once more to deliberate on pathways to ensure the security of the cyberspace in Africa, amidst the digital transformation that has...
International Monetary Fund has said to countries it assisted with emergency funding to tackle COVID-19 to spend but keep receipt of all expenditure because accountability can...