Foreign Stock Investors Withdraw N99.94bn In Four Months       A total of N99.94bn was pulled out by foreign investors from the Nigerian stock market in the first four months of this year as foreign involvement plunged to a four-year low in April. The foreign portfolio investors injected...

'38m Nigerian Adults Financially Excluded'       Thirty-six per cent of Nigerian adults, or 38 million adults, remained completely financially excluded at the end of 2020, according to a new report. Enhancing Financial Innovation & Access, in a survey titled ‘New data from EFInA’, said financial inclusion grew,...

Emefiele Warns Against Harming Environment     The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has stressed the need for Nigerians to protect the ecosystem, warning that henceforth banks will consider sustainable banking principles when lending money to individuals and corporate entities. He disclosed this on...

Profile of 57th ICAN President, Comfort Eyitayo     The Institute of Chartered Accountants of Nigeria (ICAN) has elected Mrs Comfort Olu Eyitayo mni, CFA, FCA as its 57th President. She will pilot the affairs of the Institute for the next one year. Her investiture took place on...

BOI’s Response to Industries On Life Support, by Tanimu Ahmed   The story of the year 2020 should be all about Covid-19 pandemic and the accompanying job losses, decline in global trade and the shut down of industry across the globe. Many observers will readily claim...

$40bn Investments Needed for Nigeria’s Gas Plan - NNPC       The Nigerian National Petroleum Corporation (NNPC) has said that the Nigerian oil and gas industry will require at least $40 billion in direct investments in basic infrastructure to achieve the federal government’s much talked-about about “Decade...