Category: Business
NEITI: FAAC disburses N1.95tr from Jan to March
Our ReporterMay 11, 2020
Reveals ‘wide disparity between states’ The Nigerian Extractive Industries Transparency Initiative (NEITI) says the Federation Accounts Allocation Committee...
COVID-19: Saudi suspends monthly stipends to citizens, triples VAT
Our ReporterMay 11, 2020
Saudi Arabia’s seems not immured from the vagaries of the Coronavirus pandemic as its finance minister on Monday said the kingdom will triple its Value Added...
SEC Reiterates Full Disclosure by CMOs
NewdawnMay 11, 2020
..,Reopens head office The Securities and Exchange Commission, SEC has reminded regulated entities in the capital market to continue to make adequate...
Falling oil prices won’t affect Forex repatriation – CBN
Our ReporterMay 11, 2020
The Central Bank of Nigeria (CBN) has assured investors of the security of their investments in the country in spite dwindling revenue from the sale of crude oil...
COVID-19: SEC partnering Fintech in regulation
Our ReporterMay 10, 2020
The securities and exchange Commission, SEC has stated that it is leveraging the various opportunities available in the Fintech space to ensure proper...
COVID-19 crisis: U.S. cuts crude import from Nigeria by 60%
Our ReporterMay 09, 2020
International buyers continue to balk at the country’s dominant exports, crude as the United States slashed the importation of Nigerian crude oil by 60.37 per...
Over nine million Nigerians use FirstBank’s *894# USSD banking service
Our ReporterMay 09, 2020
Nigeria’s leading financial inclusion services provider, First Bank of Nigeria Limited has announced that its *894# Unstructured Supplementary Service Data (USSD),...
Financial institutions more resilient to disruptions due to prevailing environment ‘- CBN dep gov
Our ReporterMay 09, 2020
The Deputy Governor, Financial System Stability, Central Bank of Nigeria, Mrs. Aishah Ahmad, FCIB has encouraged banks to maintain their commitment to...
IKEDC gives notice of mass disconnection beginning Monday
Our ReporterMay 09, 2020
The Ikeja electric distribution company has given a notice of its intention to begin mass disconnection of estimated bill owners from Monday 11 may. This was contained...
FirstBank to hold virtual SME Clinic
Our ReporterMay 08, 2020
First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, will host a virtual SME Business Clinic to provide...










