Business
Nigerian banking system in state of flux as “Shashe Banking” flips over
The Nigerian Banking system is in a state of flux and is experiencing a liquidity squeeze following a plethora of...
Read moreCBN digital currency’ll deepen financial inclusion, says FDC
Analysts at Financial Derivatives Company Limited, led by financial expert Bismarck Rewane, have said the planned introduction of a digital...
Read moreRecapitalisation: Insurance industry assets rise to N2.02tn
Insurance companies’ gross written premium rose to N520bn as of the end of 2020, while their assets hit N2.02tn as...
Read moreNigeria seeks share from $11.5 trillion global digital economy
As part of efforts by the Federal Government of Nigeria to grow the nation’s economy through digital technologies, the National...
Read moreCBN grants non-interest banking licence to Lotus Bank
The Central Bank of Nigeria (CBN) has granted a non-interest banking licence to Lotus Bank Limited. This follows Lotus Bank’s...
Read moreBuhari inaugurates $10 billion NLNG train 7 contsruction, warns against delay
President Muhammadu Buhari, on Tuesday, flagged off the construction of the $10 billion Nigeria Liquefied Natural Gas (NLNG) train 7...
Read moreAfrican airlines see rising demand as global air cargo surges by 12%
New data for the global air cargo market has shown a general increase in demand for African airlines among the...
Read moreUnion Bank and Wema upsurge amid plunge of Jaiz bank
The NGX Banking Index saw a bullish trend of +1.25% to push the market to an index point of 356.60....
Read moreNigeria among top three countries with electricity deficits – World Bank
The World Bank has listed Nigeria among the three countries with the largest electricity deficits in the world. It said...
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Nigeria Misses Goal on Growing Access to Financial Services
Nigeria fell short of its goal to bring more of its citizens into the regulated financial system, with the effects...
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