All posts under: Business
The Central Bank of Nigeria (CBN) has intervened in the interbank segment of the Foreign Exchange Market with a fresh boost of $210 million. Figures obtained from the CBN indicated that authorized dealers in the wholesale … Read More »
The National Electricity Regulatory Commission (NERC) has come under severe attack by the Nigeria Labour Congress (NLC) The NERC has been flayed for conniving with the Abuja Electricity Distribution Company (AEDC) to exploit its customers through … Read More »
President Muhammadu Buhari has given the Nigerian Security Printing & Minting Company (NSPMC) popularly known as MINT, responsibility to produce all Nigerian E-Passport and related documents This was disclosed, Thursday, in a statement by the president … Read More »
The African Export-Import Bank (Afreximbank) has released $1 billion grant to African countries to support the implementation of the Agreement for the African Continental Free Trade Area (AfCFTA). The Afreximbank spokesman, Mr Obi Emekekwue, in a … Read More »
The Security and Exchange Commission (SEC) has cut down the cost, time and process of the transmission of shares from a deceased to the beneficiary. A statement by SEC said the action followed the commission’s determination … Read More »
The Security and Exchange Commission (SEC) has called on investors in the defunct Skye Bank to claim their dividends. The Acting Director-General, SEC, Mrs Mary Uduk made the call in a statement in Abuja on Sunday. … Read More »
The Securities and Exchange Commission (SEC) has warned Nigerians over the activities of some online fraudsters, who are currently running an online investment scheme tagged ‘Loom Money Nigeria’. Loom Money Nigeria, is taking over social media … Read More »
The Central Bank of Nigeria (CBN) has injected $242.04 million into the retail Secondary Market Intervention Sales (SMIS) and CNY 32.3million in the spot and short tenored forwards segment of the inter-bank foreign market. The apex … Read More »
The Managing Director, Nigeria Deposit Insurance Corporation (NDIC), Mr Umaru Ibrahim, has called on the 9th Senate embark on speedy passage of the NDIC Act 2006 (as amended), currently before the National Assembly.
Ibrahim made the call in a statement signed by Mr Sunday
Oluyemi, Director, Communication and Public Affairs Department, on Friday in
Abuja.
The Securities and Exchange Commission (SEC) has entered into a partnership with the government of the Republic of Korea for creation of more investible products to enhance liquidity in Nigerian capital market. SEC Acting Director-General, Ms … Read More »
