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Foreign inflows fall by 32%, UK, South Africa, others slash Nigeria investments

Emefiele The Central Bank of Nigeria has disclosed that capital importation into the country fell by 32 per cent to $500m in October 2021, from...

SEC to Launch Revised Master Plan

The Securities and Exchange Commission is to organize a capital market conference to launch a revised version of the 10-year Capital Market Masterplan in...

FirstBank navigated the pandemic crisis successfully with solid financial performance says Adeduntan

The Managing Director/Chief Executive Officer of First Bank Nigeria Limited, Adesola Adeduntan, last year saw his tenure extended as part of efforts to ensure...

Extensive Structural Reform Needed to Accelerate Economic Growth says Emefiele

Emefiele The Central Bank of Nigeria, CBN, Governor,Godwin Emefiele, has reiterated the need for extensive structural reform this year to fast-track the country’s economic growth....

CBN’s TIES to redirects away from redundant education to a more result-oriented functional system on graduates

The Nigerian students, on the platform of the National Association of Nigerian Students, NANS, are now in high spirits, while building hopes of a...

Turnover in Fixed Income, Currency Markets Decline by 8.8% Amid CBN Cut in FX Interventions

Turnover in the Fixed Income and Currencies, FIC, markets dropped by 8.8 per cent to N164.52trillion in first 10 months of 2021 from N180.49...

CBN Earmarks N41b through Heritage Bank for Dry Season Wheat Projects’ Farming

As part of measures to meet high demand amid poor production capacity of wheat, the Central Bank of Nigeria, CBN, has set aside N41billion. The...

Access Bank to hold court-ordered meeting ahead of holdco transition

Access Bank will convene a meeting of its shareholders by the order of the Lagos division of the Federal High Court, putting it on...

Nigeria must return to an employment led growth- Emefiele

Emefiele The Nigeria’s apex bank has deployed creative responses to the challenges faced by small businesses in assessing foreign exchange required for their operations such...

Heritage Bank, CBN adopt novel approach to boost wheat production capacity

  …To add 750, 000MTs via rain-fed cultivation, reduce annual import by 60%   In a bid to meet high demand amid poor production capacity of wheat,...

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