Finance & Economy
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Court Restrains NAICOM from Enforcing Deadline on Recapitalisation of Insurance Firms
As anticipated, the court has apparently saved NAICOM the embarrassment of being seen as “unable to accomplish the deadline” set…
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CBN revokes licenses of 7 Payment Service Providers
The Central Bank of Nigeria has revoked the licenses of seven (7) payment service providers and one (1) switch service…
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Nigerian banks paid their staff N413.49 billion in 9-month 2020
Thirteen Nigerian banks on the floor of the Nigerian Stock Exchange collectively spent a total of N413.49 billion on their staff between January and September 2020. According to checks…
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Switch by Sterling: The remittance game changer
Although Nigerians in diaspora have always been able to access banking services in Nigeria through digital platforms, the recent introduction…
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Investors Gain N475.69bn as NSEASI Inches Up by 2.40%
Equities market closed today on a positive note, as NSEASI appreciated by +2.40% to close at 38,803.74 basis points as against +1.20% appreciation recorded previously. Its Year-to-Date (YTD)…
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COVID-19: FIRSTBANK LAUNCHES ‘MASK UP, STAY SAFE” CAMPAIGN
First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider has announced its ongoing digital campaign “Mask…
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Senate passes N13.5 trillion 2021 budget
The Nigerian Senate has agreed to pass the appropriation bill of N13.588 trillion. The Nigerian Senate has agreed to pass…
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The Investments And Securities Tribunal (IST) Restrains Unregistered Fintech Company From Stock Trading
The Investments and Securities Tribunal, (IST) on Thursday 17th December 2020, made interim Orders restraining a Fintech company, Chaka Technologies…
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Honeywell to Seek Supreme Court’s Review of Court of Appeal Decision on Ecobank Credit well
Counsel to Honeywell Group, Mr Olabode Olanipekun (SAN), Monday 14th December 2020, said that his client would be seeking…
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Nigerian Inflation Up By 0.66% in the Month of November
The consumer price index, (CPI) which measures inflation increased by 14.89 percent (year-on-year) in November 2020. This is 0.66…
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