Business Hilights

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Chartered Institute of Bankers of Nigeria (CIBN)

Lack of coordination, integration weakening growth in FinTech sub-sector—Aina

Pioneer crusader in Financial Technology (FinTech), former banker and the Chairman of FinTech Associates Limited, Dr. Segun Aina, has fingered two key stumbling blocks in the effective consolidation of real growth in the nation’s FinTech space. In an interview in…

‘Foreign portfolio investments-driven growth, rising oil prices deceptive’

Development economists have raised serious issues, warning that the sudden jump of the Nigerian Stock Exchange (NSE) capitalization to N16tn should not be seen as sustainable growth especially now the country is very close to a general election. The experts…

GDP: Whose figures’ll Nigerians believe more, FG or OPS?

Since the recent report of the National Bureau of Statistics (NBS) showing that Nigerian economy has distanced self far away from recession, considering recording 1.4 per cent rise in Gross Domestic Product (GDP), stakeholders in the Organized Private Sector (OPS),…

CIBN lists three antidotes for financial inclusion in Nigeria

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 enablers are far from being adequate. In his submission after…

Banks killing ease of doing business for startups, charges N10,000 for confirming CAC cert

Even though the Vice President, Prof Yemi Osinbajo had on Tuesday urged the banking sector to support the country’s Economic Recovery Growth Plan (ERGP), a new survey report by Business Hilights has revealed how commercial banks bleed between N6,000 to…