Cost of funds is expected to remain in the lower single digit level while the Central Bank of Nigeria (CBN) is expected to sustain liquidity mop...
The Nigerian Electricity Regulatory Commission (NERC) said it had repealed the estimated billing methodology regulation, effective February 20th, 2020. Following the repeal, the estimated billing methodology...
AGENCY REPORT Royal Bank of Canada plans to open a consumer bank in the United States early next year targeting wealthy clients, with the aim of expanding...
By Richard Adeniyi Sources at the Nigerian Ports Authority (NPA) have indicated that the it revoked the land lease agreement signed with the Lagos Deep Offshore Logistics Base (LADOL)...
By Richard Adeniyi Worried by the growing level on non-compliance among freight forwarders, the Founder of National Association of Government Approved Freight Forwarders (NAGAFF) Dr. Boniface...
The Assistant Director of Insurance and Surveillance at the Nigerian Deposit Insurance Corporation (NDIC) John Abiodun, has defended the corporation’s bank failure resolution procedures. Abiodun who...
The Central Bank of Nigeria (CBN) has formally clarified issues surrounding the operations of domiciliary accounts in Nigeria. Making the clarification in a chat with newsmen...
Nigeria’s Gross Domestic Product (GDP) grew by 2.55% in real terms in the fourth quarter (Q4) of 2019, up from 2.38% growth recorded in the fourth...
The Central Bank of Nigeria (CBN) has restricted the process of cash withdrawal of electronic transfer deposits made into domiciliary accounts. The apex bank disclosed in...
There would appear to be border leakage in the northern part of Nigeria which may be permitting illicit trading or smuggling during the period of border...