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CBN Urges Firms On Big Data Use

CBN Urges Firms On Big Data Use   Deputy Governor of the Central Bank of Nigeria in charge of Operations, Mr Ade Shonubi, has advised business organisations in the country to leverage the power of big data and Internet of things, to survive the competition in...

SEC To Offer Simplified Measures On Merger Procedures For Listed Firms

SEC To Offer Simplified Measures On Merger Procedures For Listed Firms   The Securities and Exchange Commission has announced its partnership with the Federal Competition and Consumer Protection Commission to introduce simplified measures on the processes of mergers of companies in Nigeria. According to a statement on...

CBN To Blacklist Firms, Individuals Involved In Textiles Smuggling

CBN To Blacklist Firms, Individuals Involved In Textiles Smuggling The Federal Government is currently gathering data and investigating the accounts of individuals and corporate entity currently involved in smuggling and dumping of textile materials in Nigeria. The Central Bank Governor, Godwin Emefiele, said this while inaugurating...

Insurance Firms Reduce Management Expenses

Insurance Firms Reduce Management Expenses Pressure on the management of insurance firms from shareholders, industry regulator and other stake holders on the need to reduce their management expenses and ensure more returns on investments is yielding positive results. Reports from insurance firms that have so...

CBN Report: Firms Expect Borrowing Costs To Rise In Oct

CBN Report: Firms Expect Borrowing Costs To Rise In Oct   The Central Bank of Nigeria has said its recent survey revealed that firms, including small, medium and large organisations, expect borrowing rates to increase this month. The CBN said the September 2018 Business Expectations Survey was...

NSE: 10 Stockbroking Firms Trade N1.4tn Shares In 9months

NSE: 10 Stockbroking Firms Trade N1.4tn Shares In 9months   Stanbic IBTC Stockbrokers Limited maintained its lead on the stockbrokers’ performance chart as 10 firms facilitated the trading of N1.374 trillion on the Nigerian Stock Exchange (NSE) between January and September 30, 2018. Stanbic IBTC Stockbrokers had...