Nigerian banks and rising cyber threats
Cyber attacks targeted at the global banking system and high profile institutions are not imaginary, but real. The overall objective is to steal financial assets- cash or near-cash assets.
Africa’s multilateral bank seeks shift from GDP narrative
After unveiling its 2020 African Economic Outlook (AEO), which showed that the continent’s economies are growing well, African Development Bank (AfDB) however, warned that it does not reflect the true picture of citizens.
VAT review: Squeezing a bleeding economy
Last week, millions of vendors, suppliers and sundry service providers took to emails, voice calls, WhatsApp and other chatbox platforms to align figures with clients and replace invoices ahead of the take-off of the new Value Added Tax (VAT) rate.
What CBN’s new CRR means for banks, economy
The hike in the banking sector’s mandatory Cash Reserve Ratio (CRR) signals not only withdrawal of money in circulation, but a measure to curb the four-month resurging inflation and tacit declaration...
Development institution to launch N300b medium-term note programme in Nigeria
Development finance institution, African Export-Import Bank (Afreximbank), yesterday, in Lagos, signed agreements to complete the registration of a N300-billion medium-term note with the Securities...
‘Financial market investments in 2020 will require extra craft’
Financial analysts are of the view that investment decisions in 2020 will require extra craft, given the current external pressures, low foreign investment, weak investor confidence, high inflation and weak oil...
X-raying Nigeria’s weak links with savings, investment and growth
Despite availability of abundant mineral resources in Nigeria and huge income from crude oil, the country still wobbles in its path to growth and development.
Key benefits of trading on Forex in Nigeria with Alpari
Trading with Alpari Nigeria Financial markets are strongly associated with an investment in stocks and shares. However, a more accessible form of money-making is Forex trading. Since the value of national currencies is always in flux, insightful traders derive profit from the dynamics. A reliable broker like Alpari will help you learn the ropes of…