Economic Confidential

SEC Working on Crowdfunding Regulation- Uduk

SEC Working on Crowdfunding Regulation- Uduk The Securities and Exchange Commission (SEC), has said that the commission is working on a framework to regulate the use of crowdfunding by small businesses to raise capital. This was stated by Acting Director General...

AMCON Seeks Judiciary Intervention to Recover Over N5trillion Debt

AMCON Seeks Judiciary Intervention to Recover Over N5trillion Debt …In line with its new Amendment Act Having secured the signing of the Asset Management Corporation of Nigeria (AMCON) (Amendment) Act 2019 into law by President Muhammadu Buhari, Managing Director/Chief Executive Officer...

Improved Power Supply: KEDCO Laud  FG, Pledges Support to TCN.

Improved Power Supply: KEDCO Laud  FG, Pledges Support to TCN.. Following efforts by the Federal Government to build a code line from Kaduna to Kano as another source of supply to channel power to Kano from Kaduna, Sokoto and Calabar...

Examining Issues of Corporate Governance in Nigerian Banks

Examining Issues of Corporate Governance in Nigerian Banks By Muhammadu S. Bello The Central Bank of Nigeria (CBN), 2014 defined Corporate Governance (CG) as ‘the rules, processes, or laws by which institutions are operated, regulated and governed’. In other terms, they...

FG, States and LGCs share N693.529bn for September 2019.

FG, States and LGCs share N693.529bn for September 2019. The Federal Account Allocation Committee (FAAC). today in Abuja at its meeting, shared to the Federal Government, States and Local Government Councils a sum total of N693.529 billion as federal allocation...

Over 500,000 Depositors of Closed Banks Paid Off by NDIC

Over 500,000 Depositors of Closed Banks Paid Off by NDIC No fewer than 526,414 depositors of closed deposit Money banks(DMBs) and Micro Finance Banks(MFBs) have been paid by the Nigeria Deposit Insurance Corporation (NDIC) since its inception 30 years ago. The...
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