Markets & Investing
Market capitalisation up by N44 billion on equities rebound
The Nigerian equities market reversed previous days negative sentiment to close higher at the end of yesterdays transactions, following price gains by most…
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Business & Careers
UBA offers N2.5 million for PoS use
To further encourage e-payments, Pan-African financial services group, United Bank for Africa (UBA), has announced that it will reward 25 lucky customers…
Business & Careers
Retail business has huge potential in Nigeria
Chief Executive Officer, Hubmart Stores Limited, Murat Bektaslar, has said confidence is gradually returning in the economy after exiting recession that…
Economy & Policy
CBN’s new rule on bureau de change operators difficult to implement
The Association of Bureau De Change Operators of Nigeria (ABCON) has said that Central Banks new corporate governance policy limiting the tenure of…
Economy & Policy
Two foreign banks shut down Nigerian operations
The Central Bank of Nigeria on Friday said two foreign banks, HSBC and UBS, have closed their offices in Nigeria. The CBN also revealed that foreign…
Markets & Investing
KfW invests €31 million in InfraCredit to enhance infrastructure in Nigeria
Largestdevelopment bank in Europe,KfW Development Bank, has invested 31 million surbordinated unsecured capital in InfraCredit to enhance infrastructure…
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Property
NAICOM charts path to insurance sector’s growth
The National Insurance Commission (NAICOM) has called for collaborations across the nations regulatory agencies, as well as foreign counterparts, in efforts…
Economy & Policy
What is NipeX? What opportunities are available for Nigerians?
THERE are indications that many Nigerians do not know much about NipeX, established to provide an electronic contracting platform for the Nigerian National…
Business & Careers
Nigeria drops in 2018 World Bank Ease of Doing Business ranking
Nigeria on Wednesday dropped by a spot in the latest World Bank Ease of Doing Business ranking for 2018, released by the global financial institution.…
Economy & Policy
NNPC, BP sign six-month deal for fuel supply
The Nigerian National Petroleum Corporation (NNPC) has signed a six-month Direct Sale-Direct Purchase, DSDP agreement with the British BP for the supply of…
Economy & Policy
Central Bank of Nigeria issues guidelines for licensing, regulation of payment service banks
The Central Bank of Nigeria (CBN) on Thursday issued guidelines for licensing, regulation and operation of payment service banks (PSBs) in the country. The…
Economy & Policy
Electronic money is fast growing in Africa, says report
Latest reports from the Economist Intelligence Unit (EIU), has revealed that inconsistent regulation in Nigeria, and among other countries in Africa,…
