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You are here: Home / Finance
  • MTN to merge two finance subsidiaries
    March 17, 2023 Comment Off 17 Views

    Telecommunications company, MTN Nigeria, has proposed a merger of its two finance subsidiaries; Momo Payment Service Bank Limited and Yello Digital Financial Services Limited. This was

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  • Why South Africa and Nigeria have been graylisted
    February 28, 2023 Comment Off 1 View

    The gray listing of Africa’s leading economies—South Africa and Nigeria—by global anti-money laundering and terrorism financing watchdog, Financial Action Task Force (FATF), is expected to

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  • Nigeria to seek uniform exchange rates, finance minister says
    June 17, 2020 Comment Off 52 Views

    Nigeria will seek to unify its multiple exchange rate regime to generate more local currency from its dollar inflows and manage the rate in a sustainable manner, Finance Minister Zainab Ahmed said in

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  • Bob Diamond’s Nigeria Plan Takes Shape
    September 1, 2017 Comment Off 284 Views

    Bob Diamond’s ambitions of building a top tier Nigerian bank are taking shape after the sale of a stake in Atlas Mara Ltd. gave him enough cash to make acquisitions in Africa’s most populous

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  • Osinbajo: how Nigeria can match advanced world
    September 4, 2015 Comment Off 98 Views

    Vice President Yemi Osinbajo has a well-structured small and medium scale industry was the way to go if the economy must be developed and catch up with the advanced world. Osinbajo

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  • Buhari Furious Over Diverted Billion-Dollar Chinese Loan
    August 11, 2015 Comment Off 67 Views

    Nigerian President Muhammadu Buhari demanded an explanation Monday from the finance ministry about a $1.1 billion loan from a Chinese bank that was assigned to rail projects in Nigeria but used

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  • Loans: Banks publish list of chronic debtors assets for sale
    August 8, 2015 Comment Off 88 Views

    Some of the Money Deposit Banks in the country have compiled for sale the lists of houses, hotels, filling stations, schools, among other property used as collateral by debtors in a bid to recover

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  • Nigeria central bank governor dismisses calls to devalue naira
    August 6, 2015 Comment Off 57 Views

    Nigeria’s central bank governor has dismissed calls to further devalue the naira amid growing domestic and international concern about the tough outlook facing Africa’s largest economy after

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  • UK, Nigeria Unveils Emerging Capital Market Taskforce
    July 28, 2015 Comment Off 216 Views

    The Nigeria-United Kingdom Capital Markets Project Tuesday unveiled the Emerging Capital Market Taskforce, which it said, would deepen market capacity and attract domestic and international

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  • Greece finance minister resigns amid “NO” vote
    July 6, 2015 Comment Off 31 Views

    Greek Finance Minister Yanis Varoufakis has resigned from office, hours after voters backed his call to reject creditors’ demands for more austerity in a referendum. Voters in Greek delivered an

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