Activities of Value Added Services (VAS) providers in the telecommunications sub-sector have added about N30 billion to the Nigerian economy within the last few years.
CBN pledges continuity in development financing
The Governor, Central Bank of Nigeria (CBN), Godwin Emefiele, who made the pledge, also urged the financial and business correspondents to endeavor to report the Nigerian economy in positive light.
‘Online transactions to get insurance cover in October’
Speaking to journalist in Lagos, the Managing Director of NIBSS, Ade Shonubi, said NIBSS and banks have approached insurance companies and operators, who accepted to underwrite the risks that come with each financial transaction.
Minister leads corporate governance confab in Lagos
The yearly event organised in Lagos by the Society for Corporate Governance Nigeria is expected to bring together experts from various sectors to discuss the impact of corporate governance in Nigeria.
Lagos, AWIEF sign pact over AFDB’s Fund
At the signing ceremony, yesterday, the Commissioner for Economic Planning and Budget, Mr. Akinyemi Ashade, said that the agreement is a milestone between the state and AWIEF and all women in the state.
Dollar holds up as traders await Fed rate hike clues
The dollar held up Wednesday as investors awaited fresh clues about the Federal Reserve's plans for interest rates, after the first US presidential debate lifted the greenback.
MAN renews complaints over forex, supports government’s assets stripping
Weeks after the Central Bank of Nigeria (CBN) said foreign exchange allocation to the real sector would be increased to 60 per cent, operators have denied noticeable improvements.
Nigerian banks remain strong, CBN tells Afreximbank
The Central Bank of Nigeria (CBN) has reiterated that the nation’s Deposit Money Banks are strong despite the ongoing challenges in the foreign exchange market.
Global oil spill management market to reach $126 billion
The global oil spill management market size is projected to grow beyond $125.62 billion by 2024.