Transactions On NGX Gain Traction, Rise To N1.04trn In 5 Months
Amid the price appreciation and bullish sentiments, the total transactions performed by investors on the floor of the Nigerian Exchange Limited (NGX) has so far risen to N1.04 trillion...
Lack Of License, Foreign Exchange, Others Hinder Fuel Importation
Barely a month after deregulation, operators in the downstream sector have not been able to import petrol into Nigeria, due mainly to a lack of license and foreign exchange.
Checks during weekend,...
CBN, Bill Gates Foundation Partner On Financial Inclusion
The Central Bank of Nigeria (CBN) and the Bill and Melinda Gates Foundation have finalised the plan to drive financial inclusion in the country.
According to a statement from the apex bank on...
Economic Zones Attracted $364.6m FDIs In Four Years - NEPZA
The Managing Director/Chief Executive, Nigeria Export Processing Zones Authority (NEPZA), Prof. Adesoji Adesugba, has disclosed that the country attracted $364.6 million in Foreign Direct Investments (FDIs) between 2020 and the...
N15trn Pension Assets, Proof Of CPS’ Effectiveness – PenCom
The National Pension Commission (PenCom) has described the Contributory Pensions Scheme (CPS) introduced in 2004 as a very successful initiative, having consistently grown the nation’s pension assets from N2 trillion at...
eNaira: Much Ado About High Expectations, Hasty Conclusions, by Abdulrahman Abdulraheem
The rate of adoption, acceptance and spread of eNaira has come under attack in recent times over what looks like the failure of critics to understand monetary system in...