Multiple forex rates driving currency round tripping, deepening fragility—Nzekwe
Former President of the Association of National Accountants of Nigeria (ANAN), Dr Sam Nzekwe has raised an issue of urgent national economic importance, saying the maintenance multiple foreign exchange regimes is driving endless round tripping and soaring the fragility of…
Fidelity Bank empowers thousands of undergraduates across Nigeria
Group Managing Director of Fidelity Bank Plc, Mr Nnamdi Okonkwo, has disclosed that the financial giant has trained over 3,000 undergraduates from various tertiary institutions on skills acquisition through its youth empowerment programme. Speaking during the closing ceremony of the…
Why CBN must return dollars defrauded from Nigerians in Diaspora
When Dr Anthony Ani, a finance analyst raised this alarm on the brazen faulty Diaspora remittances conversion tactics of the Central Bank of Nigeria (CBN) in collusion with commercial banks, nobody took him serious. However, only last week, Federal House…
Agribusiness value-chain has created new breed of entrepreneurs, jobs—Ecobank
The Group Chief Executive Officer of Ecobank Transnational Incorporated (ETI), Mr. Ade Ayeyemi, has averred that the development of the agribusiness value-chain has created a new breed of entrepreneurs as well as jobs for the teeming population. In his keynote…
‘Demutualisation of NSE may be sealed on March 3’
Strong indications are emerging at the Nigerian Stock Exchange (NSE) that all is set for the actualization of demutualisation which had been in works for decades next month. The members of the exchange are to meet on March 3, to…
Last Barclays Bank in Africa changes name to Absa Bank in Ghana
Recall in 2018, Barclays Africa Group Ltd with its British parent’s 100-year history on the continent began gradual exit which can be said to be complete with the Ghanaian change of name. Within the same year, the lender ditched the…
(Special Report) Between fighting corruption claims and audit mess amongst MDAs
A messy scenario suggesting complete opposite of the key campaign point of the President Muhammadu Buhari administration right from 2015 to date may be playing out amongst Ministries, Departments and Agencies (MDAs) of the Federal Government at the ongoing account…
Ecobank Group, Alipay flag off cross-border remittance partnership
To bring more inclusive financial services by providing a fast, safe, affordable and convenient way for workers to transfer money back home, the leading pan-African bank, Ecobank, has signed a cross-border remittance agreement with Alipay, the world’s leading payment and…
Fidelity Bank, Gazelle Academy train, empower 200 undergraduates in Sokoto
In line with its policy of building an entrepreneurial spirit in the country’s teeming youths, Fidelity Bank Plc has expanded the scope of the Fidelity Youth Empowerment Academy (YEA) in partnership with Gazelle Academy to build SMEs. Already, the strategic…
(Special Report) Is Emefiele’s CBN thinking outside or inside the box?
This may be shocking to many, but the truth is that a larger section of public finance experts are still baffled on why the Central bank of Nigeria (CBN) Governor, Mr Godwin Emefiele was retained and given another term of…
