Finance
CBN urged to review forex ban on 40 items
The Centre for the Promotion of Private Enterprise (CPPE), an economic think tank, has advised the Central Bank of Nigeria...
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PoS transactions hit N13.67tn in three years, cheque usage drops
Nigerians have continued to abandon cheque transactions as Point of Sale transactions rise to N13.67tn in three years, according to...
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CBN withholds Stanbic-IBTC’s N488bn over LDR default
For Stanbic IBTC Plc, it is time for stocktaking and more due diligence to save management the red of its...
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Shareholders decry effect of Cash Reserve Ratio on banks
Shareholders under the aegis of Independence Shareholders Association of Nigeria (ISAN) have expressed displeasure at high Cash Reserve Ratio (CRR)...
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Currency in Circulation Crosses N3trn Mark in November
The Central Bank of Nigeria (CBN) has disclosed that the currency in circulation grew by 6.2 per cent from N2.97trillion...
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Shareholders Approve Access Bank’s Planned Holdco Structure
Shareholders of Access Bank Plc yesterday approved a Holding company structure (Holdco) for the bank. The shareholders at the court...
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SEC to Charge 0.025% Regulatory Fee on Fixed Income Transactions from Jan 1
The Securities and Exchange Commission ( SEC) yesterday said it will commence 0.025 per cent regulatory fee on fixed income...
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CBN Set To Tighten Monetary Policy in 2022
Written by Lukman Otunuga, Senior Research Analyst at FXTM As inflationary pressures ease and economic growth slowly recovers, it remains...
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NG Clearing set to launch as West Africa’s first Central Counterparty
The Nigerian financial services sector is agog as all is now set for the formal launch of NG Clearing Limited,...
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‘Deepen Financial Inclusion through robust technology’, DG Sec urge as Stakeholders discuss opportunities in Nigeria’s informal sector
Policymakers at the Nation’s Capital Market and Finance sector have been urged to leverage on technology in the drive to...
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