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Banking/Investments

Just in: Buhari in Ebonyi today, may be shown untapped Edda oil field

Ebonyi Buahri

There are strong indications that the wastages currently being recorded in the endless search for oil in commercial quantity in parts of the north may end today as President Muhammadu ...

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More facts emerge on why world body ranked Nigeria Police worst

police-check p

Just as the Public Relations Officer of the Nigeria Police, Mr. Jimoh Moshood on Monday in a national television brushed aside the latest report of the WISPI/PSA which ranked Nigeria ...

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Out of 1.3b people, 645m Africans in darkness, need $80b to fix – AfDB

Adesina 33

Currently, Africa’s total population estimates stand at 1,256,268,025, but a new report by the Africa Development Bank (AfDB) said some 645 million citizens on the continent have no access to ...

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FG to stop banks’, others from buying, using foreign software—NOTAP boss

NOTAP boss

The Director-General of National Office for Technology Acquisition and Promotion (NOTAP), Dr. Ibrahim DanAzumi has given signal that in no time, Nigerian commercial banks would be barred from purchasing and ...

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MTN’s $13.9b: Stanbic Bank awaits official communication from Senate

stanbic-ibtc-bank-plc

Following the indictment of Stanbic Bank in the months long probe of the repatriation of $13.9b by MTN Nigeria between 2006 and 2016 at the floor the Senate, the bank ...

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CIBN lists three antidotes for financial inclusion in Nigeria

CIBN Segun Ajibola

The President and Chairman of Council, Chartered Institute of Bankers of Nigeria (CIBN), Prof. Segun Ajibola, has expressed displeasure on the status of Nigeria’s drive to financial inclusion, saying, fundamental ...

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Nigeria, others to gain from EIB’s $100b investments in climate change fight

EIB House 22

Africa is set to tap into the emerging $100b investment by the European Investment Bank (EIB) to fight against climate change across the globe. The facility which can be said ...

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Financial inclusion in sub- Saharan Africa low to others– MasterCard Foundation

mastercard group

The Director of MasterCard Foundation (MCF) on Financial Inclusion, Madam Ann Miles, has decried the abysmal level of financial inclusion in countries in sub-Saharan Africa, saying it is significantly low ...

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MTN Nigeria freed, Stanbic bank, CBN indicted in transfer of $13.9bn

MTN-logo 33

After more than one year of probe, the Senate has come out to say that rather than blaming MTN Nigeria for the repatriation of $13.9bn, the Central bank of Nigeria ...

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Success stories of ABP spur CBN to inject additional N45bn

CBN emefiele 2

The observed success story coming from the performance of the Central Bank of Nigeria’s (CBN) Anchor Borrowers’ Programme (ABP), have encouraged the bank to continue to inject additional fund for ...

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