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Category: Finance

Updated: CBN list of approved international money transfer operators (IMTO) in 2021
BusinessFinance

Updated: CBN list of approved international money transfer operators (IMTO) in 2021

The Central Bank of Nigeria, CBN has released of list approved international money transfer services as at February 28, 2021.…

Christina NgeneMarch 22, 2021April 26, 2021
DMO lists Sukuk bond of N162.5 billion on NSE, FMDQ
BusinessFinance

DMO lists Sukuk bond of N162.5 billion on NSE, FMDQ

The DMO puts up FG Sukuk Bond on NSE today. Nigeria’s Debt Management Office, DMO, listed a total of N162.5…

Christina NgeneMarch 18, 2021March 18, 2021
N-power news – FG initiates the next stage of enrollment for batch C
BusinessFinance

N-power news – FG initiates the next stage of enrollment for batch C

N-power news and update. The FG has initiated the next stage of the enrollment process for batch C applicants of…

Christina NgeneMarch 17, 2021March 17, 2021
Bankers with more assets than income to face jail time – EFCC
BusinessFinance

Bankers with more assets than income to face jail time – EFCC

Financial operators and bankers have been notified by the Economic and Financial Crimes Commission, EFCC, that the Bank Employees, ETC.…

Christina NgeneMarch 17, 2021April 12, 2021
Electronic Settlement Limited, ESL gets a fine of N5mn over data breach
BusinessFinance

Electronic Settlement Limited, ESL gets a fine of N5mn over data breach

National Information Technology Development Agency, NITDA said that it has concluded the investigation process on the personal data breach that…

Christina NgeneMarch 16, 2021March 16, 2021
The DMO announces a Debt to GDP ratio of 21.61% – N32.91trn
FeaturedFinance

The DMO announces a Debt to GDP ratio of 21.61% – N32.91trn

By the end of 2020, the Total Public Debt held in Nigeria was at N32.915 Trillion – DMO. Nigeria’s Debt…

Christina NgeneMarch 15, 2021March 18, 2021
Installing and using NQR as a payment solution for business in Nigeria
BusinessFinance

Installing and using NQR as a payment solution for business in Nigeria

Mutual e-payment infrastructure company, Nigeria Inter-Bank Settlement System Plc (NIBSS) is about to launch a traditional payment solution, NQR. The…

Christina NgeneMarch 11, 2021March 11, 2021
NSE receives final approvals of its demutualisation plan from SEC and CAC
BusinessFinanceNGX

NSE receives final approvals of its demutualisation plan from SEC and CAC

The Nigerian Stock Exchange (NSE) has received final approvals of its demutualisation plan from the Securities and Exchange Commission (SEC)…

Christina NgeneMarch 10, 2021July 20, 2021
Flutterwave considers listing in New York after $170mn investment
BusinessFinance

Flutterwave considers listing in New York after $170mn investment

The CEO and co-founder of Nigeria’s leading payment company, Flutterwave, Olugbenga Agboola, has told Reuters that it is considering listing…

Christina NgeneMarch 10, 2021March 10, 2021
EFCC arraigns broker for diversion of N26bn benefits for PHCN staff
BusinessFinance

EFCC arraigns broker for diversion of N26bn benefits for PHCN staff

The Economic and Financial Crimes Commission, EFCC has arraigned an insurance broker, Bestworth Insurance over diversion of N26bn earmarked as…

Christina NgeneMarch 8, 2021March 8, 2021

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News Summary Today

The explosion and a suspected attack on the Trans-Niger Pipeline, TNP, have warranted a state of emergency in Rivers State. President Bola Tinubu made the announcement Tuesday, where he also suspended the current administration as well as, instated a new leader, Vice Admiral Ibokette Ibas, for six months to run the affairs of the state.

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