Money Archives — City Business News

October 20, 2023 No Responses

Owoturo: Capital Market’ll Help Nigeria Regain Economic Momentum

The Institute of Capital Market Registrars has said that an effective utilisation of Nigeria’s capital market can help the nation to regain its economic momentum. The President and Chairman of the Council of the Institute, Mr Oluseyi Owoturo, said this...

June 7, 2023 No Responses

NGX RegCo, ISSB, FRC Harp On Sustainability Disclosures Reporting

NGX Regulation Limited, the International Sustainability Standards Board (ISSB), as well as the Financial Reporting Council (FRC) of Nigeria, have all said they remain committed to championing the drive of sustainability and climatic disclosure repor...

November 22, 2022 No Responses

World Bank Urges Nigeria To Fix Public Finances

World Bank has advised Nigeria to fix its public finances as part of measures to promote inclusive and sustainable development. This is contained in the World Bank Nigeria Public Finance Review Report released on Monday in Abuja. A copy of...

August 11, 2022 No Responses

Coscharis Motors Renews Excellent Service, Value For Money Commitment

Rising from a two-day strategy retreat session, the top management team of one of the leading auto players, Coscharis Motors Plc has resolved to further deliver value for money to their numerous stakeholders in all ramifications of their customer engagement......

July 28, 2022 No Responses

Firstmonie Agents Hit One Billion Transaction Volume

Firstmonie has collectively processed transaction volume in excess of one billion, amounting to over N22 trillion, First Bank of Nigeria Ltd, has disclosed Group Head, Marketing and Corporate Communications, Mrs Folake Ani-Mumuney in a statement ex...

June 3, 2022 No Responses

CBN Reviews Operations Of NIBBS Instant Payments System, Others

The Central Bank of Nigeria (CBN) has reviewed upwards, the operations of the Nigeria Inter-Bank Settlement System (NIBSS) and other electronic payment operations. This is contained in a circular issued by Musa Jimoh, Director, Payments S...

April 28, 2021 No Responses

SEC Nigeria, FSD Africa To Develop ICT Transformation Strategy

The Securities and Exchange Commission (SEC) with the support of FSD Africa is to develop an Information Communication and Technology (ICT) transformation strategy to improve market regulatory efficiency. A document published on the commission’s websit...

April 21, 2021 No Responses

MMA2 Security Returns Lost Bag Containing N2.35m To Passenger

The Aviation Security (AVSEC) personnel at the Murtala Muhammed Airport Terminal two (MMA2), has returned a bag containing N2.35 million and other vital documents to Uyo-bound passenger, Mr George Etuk. The Head, Corporate Communications of MMA2, op...

April 8, 2021 No Responses

Beijing Now Has More Billionaires Than Any City

Beijing is now home to more billionaires than any other city in the world, according to the latest Forbes’ annual rich list. The Chinese capital added 33 billionaires last year and now hosts 100, said the business magazine. This narrowly...

April 7, 2021 No Responses

Shareholders Task Firms To Cut Operational Cost

The Shareholders Association, Ibadan Zone, has urged companies in Nigeria to be decisive and cut operational costs to catalyze the business environment in the face of economic challenges. Mr Eric Akinduro, the Chairman of the Association, gave the advice...

March 19, 2021 No Responses

The Rise Fund Invests $200m In Airtel Africa Mobile Money Business

Airtel Africa Plc has announced the signing of an agreement of 200 million dollars investment in Airtel Mobile Commerce BV (AMC BV) by TPG’s Rise Fund, a global impact investing platform. According to a statement signed by Mr Simon O’Hara,...

February 19, 2021 No Responses

FG, States, LGAs Share N640.3b

The Federation Accounts Allocation Committee (FAAC) has shared N640.310 billion to the three tiers of government for January. Mr Hassan Dodo, the Director of Information, Ministry of Finance, Budget and National Planning, said this was made known in a communiq...

December 23, 2020 No Responses

CBN Probes Dearth Of Money In ATMs

The Central Bank of Nigeria (CBN) is to investigate the scarcity of funds witnessed by customers in most Automated Teller Machines (ATMs) in Lagos State. The CBN‘s Acting Director, Corporate Communications, Mr Osita Nwanisobi told the News Agency of Ni...