Key things to know about the Nigerian Exchange and Stock Market, NGX
The Nigerian Exchange Group, NGX Group, is Nigeria’s prime monetary institution and a leader in stock listing and trading in Africa. Its history dates back …
Category: Finance in Africa
CBN limits the activities of mobile money services in Nigeria, no foreign currency deposits
The guidelines issued by the Central Bank of Nigeria, CBN allows for operations of mobile money services in Nigeria. However, it limits MMOs to certain …
CBN excludes telcos as mobile money operators in Nigeria
Mobile money operations have become increasingly important in Nigeria to maintain financial inclusion, robust transactions and promote economic efficiency. The CBN has now introduced a …
PIB to restrict license and eliminate small importation of petroleum products
Petroleum Industry Bill (PIB) as outlined by the two chambers of the National Assembly is being debated for overlooked issues in the current PIB as …
The business culture of apprenticeship, settlement and succession in Nigeria
Apprenticeship and settlement is an integrated business culture in Nigeria that many would say holds more promise than white-collar jobs. Apprenticeship and settlement have roots …
The 2021 Micro, Small and Medium-sized Enterprises, MSME Day
MSME Day, 2021 Micro, small and medium-sized enterprises, MSMEs account for over 80% of jobs and nearly 50% of Nigeria’s GDP. The movement is sized …
World Food Programme, WFP concerned about food security in Nigeria in 2021
Nigeria has pockets of people in IPC phase 5 as food insecurity grows in 2021. The United Nations World Food Programme, WFP has warned that …
The SEC proposed rules on Robo-Advisors in Nigeria
The SEC is proposing rules for the operation of Robo-Advisors in Nigeria The Securities and Exchange Commission, SEC is taking steps to upgrade the investments …
SEC Regulatory Incubation (RI) program for FinTech operations in Nigeria
SEC initiates program for FinTech operations in Nigeria The Securities and Exchange Commission (SEC) has officially rolled out a Regulatory Incubation (RI) program for the …
Nigeria records an inflation rate of 17.93% in May 2021
Nigeria recorded an annual inflation rate of 17.93% in May, the National Bureau of Statistics, NBS published on Tuesday. Having fallen for the second straight …