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Category: Finance

Nigeria CPI, inflation drops by the rate of 17.75% in June
BusinessFinance

Nigeria CPI, inflation drops by the rate of 17.75% in June

Nigeria: Consumer Price Index, CPI comes in at 17.75% in June. This shows a slightly slower rise in prices than…

Christina NgeneJuly 16, 2021October 12, 2021
Key things to know about the Nigerian Exchange and Stock Market, NGX
BusinessFinanceNGX

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…

Christina NgeneJuly 14, 2021July 20, 2021
CBN limits the activities of mobile money services in Nigeria, no foreign currency deposits
BusinessFinance

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,…

Christina NgeneJuly 13, 2021July 13, 2021
CBN excludes telcos as mobile money operators in Nigeria
BusinessFinance

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…

Christina NgeneJuly 12, 2021July 13, 2021
PIB to restrict license and eliminate small importation of petroleum products
BusinessFinance

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…

Christina NgeneJuly 12, 2021August 19, 2021
The business culture of apprenticeship, settlement and succession in Nigeria
BusinessFinance

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.…

Christina NgeneJune 25, 2021June 25, 2021
The 2021 Micro, Small and Medium-sized Enterprises, MSME Day
BusinessFinance

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…

Christina NgeneJune 24, 2021June 24, 2021
World Food Programme, WFP concerned about food security in Nigeria in 2021
BusinessFinance

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…

Christina NgeneJune 22, 2021June 22, 2021
The SEC proposed rules on Robo-Advisors in Nigeria
BusinessFinance

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…

Christina NgeneJune 18, 2021June 18, 2021
SEC Regulatory Incubation (RI) program for FinTech operations in Nigeria
BusinessFinance

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…

Christina NgeneJune 17, 2021June 17, 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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