Economic Confidential

OAGF Open to Stakeholders’ Valuable Ideas on Financial Reforms- AGF Idris

OAGF Open to Stakeholders' Valuable Ideas on Financial Reforms- AGF Idris The Accountant General of the Federation, Ahmed Idris, has declared his readiness to partner with stakeholders that have valuable ideas which will help consolidate the gains of the ongoing...

TAJBank Deploys NQR Solution To Ease Customers’ Transactions

TAJBank Deploys NQR Solution To Ease Customers' Transactions TAJBank, Nigeria’s most innovative non-interest bank, has announced the deployment of the NQR Payment solution, an indigenous Quick Response Code by NIBSS, for merchants and customers as the newest addition to its...

Court orders CBN to freeze 194 Accounts in 17 Banks

Court orders CBN to freeze 194 Accounts in 17 Banks The apex bank, Central Bank of Nigeria(CBN) has secured three separate interim orders from a Federal High Court in Abuja to freeze bank accounts linked to 194 business entities and...

SEC warns Firms Dealing on Illegal Foreign Investment

SEC warns Firms Dealing on Illegal Foreign Investment The Securities and Exchange Commission (SEC) has warned Nigerian investors against patronising unregistered online investment and trading platforms, which boast of facilitating access to securities, listed in foreign markets. In a circular just...

Jaiz Bank’s 2020 PBT Hits N3.07bn

Jaiz Bank's 2020 PBT Hits N3.07bn Jaiz Bank Plc, the premier Non-Interest Bank in Nigeria has declared a Profit Before Tax(PBT) of N3.07 billion for 2020 financial year, a 45.31% increase over N2.11 billion recorded in the previous year. Gross Earnings...

NEXIM bank launches N10 billion support for exporters

NEXIM bank launches N10 billion support for exporters The Nigerian Export and Import Bank (NEXIM) has launched a N10 billion Women and Youth Export Facility (WAYEF) to boost the non-oil exports. The facility would be disbursed to small and medium entrepreneurs...
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