CBN names BUA, two others for sugar importation, restricts foreign exchange
The Central Bank of Nigeria CBN who had earlier put a ban on sugar importation and restricted its access to foreign exchange has named three …
Dangote, BUA, and Golden sugar refinery only are allowed sugar importation – CBN
CBN – sugar importation license to Dangote, BUA and Golden sugar refineries. The Federal Government of Nigeria has limited sugar importation into the country to …
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 the previous month’s inflation index, …
Tech stocks leading Nigerian Exchange, NGX in 2021
Technology stocks are growing in popularity on the NGX today. Technology services are providing customers with streamlined services and they generate several opportunities for investors. Consequently, …
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 …
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 …
Rebranded NGX indices and change of NSE prefixes
Nigerian Exchange Limited, NGX has announced the rebranding of all its existing indices with the change of prefixes from NSE to NGX. The transition, which …
AI holds great promise for healthcare and medicine – WHO
In its new guidance published today, the World Health Organisation, WHO said that it recognizes the great promise which Artificial Intelligence (AI) holds in the …