CBN licenses 11 new Int’l money transfer operators
The Central Bank of Nigeria (CBN) yesterday licensed 11 new International Money Transfer Operators (IMTOs). The new entrants are joining Western Union, MoneyGram and Ria, which had been cleared by…
The Central Bank of Nigeria (CBN) yesterday licensed 11 new International Money Transfer Operators (IMTOs). The new entrants are joining Western Union, MoneyGram and Ria, which had been cleared by…
The currency market registered $327 million worth of trades yesterday, about six times more than its usual volume, the Central Bank of Nigeria (CBN) has said. This is coming as…
Federal Government retained revenue for the second quarter of this year stood at N677.88 billion, the Central Bank of Nigeria (CBN) Economic Report for the second quarter released yesterday said.…
The National Insurance Commission (NAICOM) has asked the 59 insurance firms in the country to report the capital needs of their businesses in a financial condition report in preparation for…
Nigeria Liquefied Natural Gas Limited (NLNG) earnings this year may drop by as much as $6 billion over 50 per cent, compared to 2014 earnings. The firm’s Managing Director, Babs…
The Central Bank of Nigeria (CBN) has accused commercial banks of compromise in the ways they handle proceeds from international money transfer inflows into the country. A circular to banks…
Dominick Ruiz sat at the kitchen table in his parents’ townhouse and held up the Kanye West Adidas 750 Boost size 8 like they were crown jewels. He bought them…
Minister of Finance, Kemi Adeosun Allocations to the three tiers of government after the monthly Federation Account Allocation Committee (FAAC) meeting yesterday dropped to N443.663 billion. Last month’s allocation of…
United Bank for Africa (UBA) Plc shareholders have got some good news. The board of directors has recommended payment of N7.26 billion as interim dividends for the first half of…
The Nigerian Export Promotion Council (NEPC) is working out modalities to include women in export activities that will bridge the gender gap and reduce poverty. The move is anchored on…