MTN Nigeria Presents Financial Details At NSE, Secures Final Approval

MTN Nigeria Presents Financial Details At NSE, Secures Final Approval

MTN Nigeria Communications Plc has secured the requisite regulatory approval to list its shares on the floor of  Nigerian Stock Exchange (NSE) Thursday, May 16th, 2019. The company is also expected to present its Facts Behind the figure on the...
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SEC Nigeria, Pencom Collaborate On Financial Literacy

SEC Nigeria, Pencom Collaborate On Financial Literacy

The Securities and Exchange Commission (SEC) and the National Pensions Commission (Pencom) have agreed to work together to ensure more Nigerians are brought into the financial literacy net. The resolution was reached  at a meeting between the Technical Co...
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Financial Literacy: SEC Nigeria Seeks More Collaboration Among Regulators

Financial Literacy: SEC Nigeria Seeks More Collaboration Among Regulators

The Securities and Exchange Commission (SEC) has expressed its readiness to strengthen its collaboration with other regulators in the financial industry in Nigeria, in its financial literacy campaign.  This the Commission said, is in a bid to ensure that ...
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CBN Boosts Anchor Borrowers Programme With N174. 48B

CBN Boosts Anchor Borrowers Programme With N174. 48B

The Central Bank of Nigeria (CBN) says it has so far cumulatively disbursed N174. 48 billion through 19 financial institutions under its Anchor Borrowers Programme since 2015. The Director, Corporate Communications Department of the bank, Mr Isaac Okoroafor st...
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Emefiele And Financial Inclusion In Nigeria

Emefiele And Financial Inclusion In Nigeria

Andrew Idakwo -- In developing countries, there is a consistent challenge of ensuring that more and more persons, especially those in the rural areas and the poor, have access to financial services. Therefore, the term ‘financial inclusion’ is a const...
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Financial Inclusion: First Bank, Azuri Technologies Explain Partnership

Financial Inclusion: First Bank, Azuri Technologies Explain Partnership

First Bank of Nigeria Limited and Azuri Technologies, a leader in pay-as-you-go solar technology, on Wednesday announced a unique partnership that will help deepen financial inclusion in Nigeria while bringing affordable, reliable and clean power to millions o...
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Emerging Market Regulators Consult On Sustainable Finance In Capital Markets

Emerging Market Regulators Consult On Sustainable Finance In Capital Markets

Securities regulators from growth and emerging markets are seeking public feedback on proposed recommendations related to the development of sustainable finance in capital markets and the role of securities regulators in this area.  Already, IOSCO´s Grow...
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Financial Inclusion: FirstBank Partners Nigerian Army

Financial Inclusion: FirstBank Partners Nigerian Army

The Nigeria Army in conjunction with First Bank of Nigeria Limited recently  launched “Agent Banking Scheme” for army personnel at the 20 Battalion Serti in Taraba. The Chief of Army Staff, Lt. Gen. Tukur Buratai explained that the aim of...
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MSC Secures $439m To Finance 86 Scrubbers

MSC Secures $439m To Finance 86 Scrubbers

Container shipping giant Mediterranean Shipping Company (MSC) has secured a USD 439 million financing to fit 86 exhaust gas cleaning system (EGCS) to its fleet. According to the law company Watson Farley & Williams (WFW), BNP Paribas (BNPP) was the co...
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National Microfinance Bank Takes off Next Month With N5b Capital Base

National Microfinance Bank Takes off Next Month With N5b Capital Base

Barring last minute adjustment, National Microfinance Bank  will begin operations in January  2019  as part of measure to ensure more credits flow to the grassroots.   According to the Governor, Central Bank of Nigeria (CBN), Godwin Emefiel...
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NSE Photo News

NSE Photo News

L – R Nerina Visser, CFA, Chairperson of the ASISA ETF Standing Committee; Oscar N. Onyema, OON, Chief Executive Officer, The Nigerian Stock Exchange (NSE) and Deborah A. Fuhr, Managing Partner & Founder, ETFGI during the 2018 NSE Annual ETPs...
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AfDB Approves $200m For Nigeria’s power sector

AfDB Approves $200m For Nigeria’s power sector

The Federal Government has secured a loan of $200 million to fund its electrification project. The African Development Bank (AfDB) Group on Monday said it provided $150 million for the project. The balance of $50 million was issued from the...
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CBN Injects $210 Million In Wholesale Segment, Others

CBN Injects $210 Million In Wholesale Segment, Others

The Nigerian Apex Bank, the Central Bank of Nigeria (CBN) on Tuesday said it injected the sum of $100 million to dealers in the wholesale segment of the foreign exchange market. The CBN also made interventions of $55 million each...
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Again, MPC Retains Lending Rate At 14%

Again, MPC Retains Lending Rate At 14%

The Monetary Policy Committee (MPC) for the 14th consecutive time, retained the Monetary Policy Rate (MPR) at 14 per cent. The Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele made this known at a news conference on Thursday, in...
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