Finance
SEC Reports Surge in Collective Investment Funds to N2.1 Trillion
The Securities and Exchange Commission (SEC) disclosed that the amount of funds in Collective Investment Schemes (CIS) has reached N2.1...
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CAMCAN Annual Workshop to Focus on Financing Nigeria’s National Development Plan
The Capital Market Correspondents Association of Nigeria (CAMCAN) is set to host its annual workshop on December 2 and 3,...
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Old banknote remains legal tender, says CBN
Every banknote remains legal tender and should not be rejected by anyone, the Central Bank of Nigeria has disclosed. This...
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NDIC refunds N1.2bn to depositors of liquidated MfBs
The Nigeria Deposit Insurance Corporation (NDIC) has reported that it is in the process of refunding more depositors of microfinance...
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Naira Drops further 20.5% Against the US Dollar, Prompting Market Concerns
The Nigerian currency, the naira, experienced a sharp depreciation of 20.5% to NGN993.82/USD at the Nigerian Autonomous Foreign Exchange Market...
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Central Bank: Money Supply Increased to N66.42trn in September
According to the Central Bank of Nigeria (CBN), Nigeria's money supply, referred to as M2, reached N66.42 trillion in September...
Read moreCBN Supplies $5.78bn Foreign Exchange in H1, Down By 27%
The Central Bank of Nigeria (CBN) released its half-year financial market activity report, showing its net sale of $5.78 billion...
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eNaira no threat to financial stability – CBN
The Central Bank of Nigeria (CBN) has clarified that its digital currency, the eNaira, is not a threat to the...
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Senate Panel Asks Tinubu to Present Supplementary Budget for CNG Project
The Senate Committee on Gas has urged the executive arm of government to present a 2023 supplementary budget to the...
Read moreNDIC commences payment of dividends to depositors of 20 liquidated banks
The Nigeria Deposit Insurance Corporation (NDIC) has announced that it will be disbursing N16.18 billion in liquidation dividends to depositors,...
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