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Banking/Investments

IBB’s son, Aminu, 41 named chairman of Unity Bank

Aminu Babangida

Young but privileged Nigerian business experts are beginning to assume strategic positions in critical sectors of the economy to add youthful thoughts and intelligence in the growth of enterprises. Latest ...

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Sage Foundation’s Fund offers new funding for SMEs in Africa

Sage F

Sage, the market and technology leader for cloud accounting, people & payroll, and payment systems, on Wednesday, launched the second round of funding from Sage Foundation’s Enterprise Fund. The fund ...

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AfDB refutes calling off loans to Nigeria, says it supports ERGP

Adesina 33

Barely 24 hours after it was widely reported that African Development Bank (AfDB) has called off delivery of $400m loan to Nigeria, the bank has refuted the news first broken ...

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IMF traces weak economic growth in Nigeria, S’Africa to political risks

CBN London drive

More facts have emerged on why several frantic efforts so far made by the present administrations in Africa’s largest economies to attract credible deep pocket foreign investors have failed to ...

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Only technology can capture SMEs into Nigerian tax basket—IMF

imf hqs

The International Monetary Fund (IMF) has argued that beyond tax reforms targeting mega businesses, “Another way Nigeria’s Federal and State Governments could enhance compliance is by encouraging businesses of all ...

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Security fears as mainly M’East investors top in bids for airports

Lagos Airport

In what may look like a coordinated expression of interest, stakeholders in Nigeria aviation sector, including members of the National Assembly, are developing cold feet following discovery that mainly investors ...

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ERGP success tied to robust banking industry—IMF

imf visit

Whereas the Central Bank of Nigeria (CBN) has repeatedly claimed that Nigerian commercial banks are all strong and fit, the International Monetary Fund (IMF), has warned that many commercial banks ...

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7 banks yet to move MDAs’ funds to TSA 2 years after

Kemi Adeosun

The Minister of Finance Minister, Mrs. Kemi Adeosun has listed seven money deposit banks still holding on to large sums of money belonging to Ministries, Departments and Agencies (MDAs), more ...

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SGF: Babachir Lawal out at last, Boss Mustapha of NIWA in

boss-gida-mustapha-niwa-md

First step to facing the music of corruption trial for the embattled former suspended Secretary to the Government of the Federation, Babachir Lawal has started on Monday afternoon with the ...

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BVN: Diaspora remittances, financial inclusion may collapse if….

Daispora Abike Dabiri

Analysts have started picking holes in the recent High Court order to commercial banks to freeze all accounts without Bank verification Number (BVN). According to them, the order if implemented ...

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