Islamic Banking: Metropolitan Law Firm roll out an endowment fund for indigent Nigerians
The Metropolitan Law Firm has launched an endowment fund under the Islamic Banking guidelines to cater to the education of indigent Nigerians for basic to tertiary institutions.
The fund, called Waqf, is an...
Cash Crunch: Nigerians Lament Exorbitant PoS Charges, Poor Network
By Idris Umar Feta
As the ongoing cash crunch continues to bite harder, Nigerians have condemned the poor network that makes online banking difficult and the exorbitant charges they have to pay to get cash from Point...
FCT Residents Decry Scarcity of New Naira Notes
By Kabir Abdulsalam
Some residents of the Federal Capital Territory (FCT) have expressed frustration and dissatisfaction over the introduction of new naira notes that are not yet in adequate circulation.
ECONOMIC CONFIDENTIAL reports that the Central Bank of Nigeria...
Market Capitalisation Falls, Stocks Shed N3bn - NGX
The Nigerian Exchange Limited, market capitalisation shed N3bn on Monday at the close of trading.
This was also as the All-Share Index dropped by 6.14 points representing a decrease of 0.011 per cent to close at 55, 788.37.
At...
Lagos Retirees Paid Pension in Q4 2022 - FG
The Lagos State Pension Commission has disclosed that the sum of N1.062bn was paid to 288 retirees on October 14, 2022, and the sum of N2.54bn to 754 retirees in December 2022.
While countering an initial report...
NIMC Mandates Payment of N1,000 NIN Fee for Passports
The National Identity Management Commission has announced that Nigerians applying for passports will be charged N1000 in Nigeria for the verification of their National Identification Number.
This was made known in a statement signed by NIMC Head,...