Banking and Finance

N8.5 trillion foreign investments coming to Nigeria in 5yrs, says Aganga

Tony Uranta says these men and women are dead woods Mr. Aganga says trade accounts for 18.1 per cent of... read more

Nigerian, Englama, named head of West Africa Monetary Institute

Mr. Englama will head WAMI for an initial two years. …... read more

Managing Nigeria’s Monetary Policy, By Ifeanyi Uddin

Ifeanyi Uddin Again, the Central Bank of Nigeria’s (CBN) rate-setting committee (the Monetary Policy Committee ― MPC) meets this morning.... read more

World Bank projects Nigeria’s economy to grow by 6.6% in 2013

Jim Yong Kim foreign investments are expected to be the main drivers of the economic growth in Nigeria. …... read more

FG, states share improved oil revenue in December

The Federal Government and the 36 states of the Federation as well as the Federal Capital Territory, FCT, Abuja shared... read more

Bank customers get Feb 1 deadline to comply with money laundering law

Most businesses in Nigeria are designated non-financial institutions and will have to register with the Special Control Unit Against Money... read more

Dana Air crash, floods jolted insurance industry in 2012 – operator

DANA Air plane crash site The disasters in Nigeria in 2012 acted as wakeup call for insurance companies. …... read more

Nigeria Central Bank urged to check quack finance houses

Central Bank of Nigeria The activities of quacks are a challenge to the finance sector. …... read more

Nigeria Stock Exchange to suspend UBA shares Thursday

United Bank for Africa UBA will split in four parts and shareholders will choose which of the constituents to re-invest... read more

Reflections on the last twelve months, By Ifeanyi Uddin

Ifeanyi Uddin An eventful year ends, much as it began — inauspiciously. Which is sad! For we recall the immediate... read more

Naira remains relatively stable despite close of official auction

Photo: vanguardngr.com Naira traded at about N158.50 to the dollar as at Thursday. …... read more

Mobile payment, online transactions to face higher fraud in 2013 – Report

The report said mobile payments, on-line transactions and others face more risk of fraud. …... read more

Nigeria Stock Exchange undertakes year-end review of Market Indices

Nigerian Stock Exchange Trading floor [Photo: blogs.cfr.org] The Nigeria Stock Exchange does the review twice a year. …... read more

Nigerian Stock Exchange closes for yuletide season

Nigerian Stock Exchange Trading floor [Photo: blogs.cfr.org] The Nigerian Stock Exchange will re-open on Thursday. …... read more

November Inflation Numbers, What Significance? By Ifeanyi Uddin

Ifeanyi Uddin disagrees with official statistics saying inflation has been on the upswing all year, causing rising food prices, reducing... read more

Nigeria House of Representatives pass 2013 budget

House of Representative The House of Reps increased the budget by N61.6 billion …... read more

56m Nigerian adults have never had bank accounts, transactions – Survey

The survey showed that about only about 28.6mn Nigerian adults have bank accounts. …... read more

Qatar to invests $390m in Nigeria’s transport sector, says Minister Aganga

Minister of Trade and Investment, Segun Aganga, says the investment by Qatar will create thousands of employment for the nation’s... read more

Former CBN governor warns against sharing excess crude revenue

Joseph Oladele Sanusi, former CBN governor, Photo: nationalmirroronline.net The excess crude revenue should be left for the rainy days, a... read more

Improving Nigeria’s public sector accounting standards By Peter Onwubuariri

Minister of state for Finance Yerima Ngama IPSAS can help fight corruption if utilised appropriately. …... read more

Tony Elumelu blasts investors, says they’re exaggerating Nigeria corruption

Tony Elumelu says reports, comments on Nigeria corruption are exaggerated Tony Elumelu, Chairman, Heirs Holdings Ltd., on Monday stressed the need for investors... read more