Official: CBN Approves Computer Warehouse Group As a PTSP Service Provider

COMPUTER Warehouse Group Plc (CWG) has been issued a licence to perform the activities of Payment Terminal Service Provider (PTSP) to Point-of-Sale terminals (PoS)...
CBN-Governor-Emefiele, Investors’ and Exporters’ forex window aided Naira stability – Emefiele , Financial Inclusion: CBN licensed 15 mobile money operators – Emefiele , Rates continue to decline as banks struggle to meet CBN’s 65% minimum LDR, CBN releases new guidelines, to fine banks N2 million over customers’ complaint , CBN: FG fell short of monthly allocated collected revenue by N388 billion, CBN issues new rule for use of PoS, merchants to face sanction after deadline, CBN may devalue naira in 2020 as experts highlight red flags in the economy, CBN appoints and redeploys directors within its ranks, Banks look to lending rates for revenue, as slash on e-transaction charges affect operations, CBN discloses currency in circulation worth N2.44 trillion, CBN to commence recycling of mutilated naira notes, Agriculture: CBN's revised policy on the dairy industry, CBN condemns foreign money transfers to Nigeria, Experts outline effect of CBN’s longer term contract, Bank’s lending rates decline albeit slower than expected, CBN releases new capital base, sanctions for Microfinance Banks, CBN reveals banks’ foreign assets rise to N14.19 trillion in 2019, CBN insists on no devaluation, threatens to sanction those responsible for false speculations, CBN considers interest rate cut as trade, economy decline over Coronavirus, Defending the naira at a cost, CBN announces initial policy response to COVID-19, CBN stops oil companies from selling dollar to NNPC, here’s why, Amid Coronavirus spread, CBN directs staff to stay at home, External reserves to fall below $30 billion, more forex restrictions expected, UPDATE: Fitch downgrades Nigeria's IDR to "B", says CBN's remedial policy not enough

Bank’s lending rates decline albeit slower than expected

Based on CBN's report, Prime Lending Rate and the Maximum Lending Rate declined 0.3ppts and 1.2ppts respectively to 15.0% and 30.0% respectively in Q4 2019.
CBN advocates for Made-in-Nigeria goods, CBN injects 18 million Chinese Yuan for importers , CBN domiciliary account

CBN advocates for Made-in-Nigeria goods 

Director of Communications of the CBN, Isaac Okorafor has advocated for the patronage of Made-in-Nigeria goods.

Why Gowon wants a “Government of West Africa”

  Gen. Yakubu Gowon, former Nigerian Head of Sate and a major founding father of ECOWAS, has advocated the creation of a government of West...
How fake news affects the capital markets

How fake news affects the capital markets

Experts have tasked journalists to lead the fight against fake news in Nigeria by deploying the tools available to them, including professionalism, ethics, and...
Konga’s CEO discloses how the company positioned itself as leading e-commerce market 

Konga’s CEO discloses secrets of firm’s huge growth

The Co-CEO of Konga, Prince Nnamdi Ekeh has disclosed how the company made it into becoming a clear leader in the competitive e-commerce market.
How Federal Government plans to increase VAT to 7.2% affects you

Customs have no right to seal our marts – Automobile dealers to Buhari 

NAAM has called on President Muhammadu Buhari to intervene in the matter between auto dealers in the country and the Nigerian Customs Service. 
Nigerian National Petroleum Corporation

NNPC is finally ready for the NSE, set to list 40% shares

The shares will be floated after President Buhari assents to the PIGB.
Deepak Malik replaces Monish Dutt as Ecobank Transnational Incorporated Director 

Deepak Malik replaces Monish Dutt as Ecobank Transnational Incorporated Director 

The Board of ETI has appointed Deepak Malik as a Non-Executive Director of the parent company of the Ecobank Group.
Wale Tinubu, Group Chief Executive Officer, Oando Plc, Reclassification of Oando Plc as Low Price Stock, Oando’s gas deal with NLNG to increase Nigeria’s market share in LNG market, Oando becomes first oil & gas company in Nigeria to be ISO 27001 Certified

NSE reclassifies Oando Plc as Low Price Stock

The Nigerian Stock Exchange (The NSE or The Exchange) is pleased to announce the reclassification of Oando Plc from Medium Priced Stock to Low Priced Stock effective Thursday, September 5, 2019.


Bears dominate Nigeria bourse trading session, ASI down 2.02%

Bears dominate NSE trading session, ASI down 2.02%

The Nigerian bourse All Shares Index / Market Capitalization fell by -2.02% to close at 20,669.38 and N10.771trillion respectively
Switzerland's Kickstart calls for applications from Startups, entrepreneurs interested in Swiss market

Switzerland’s Kickstart calls for applications from startups with interest in Swiss economy

Kickstart has called for  applications from Startups that are interested in making a play for Switzerland's market.
NCC initiates second phase of sim deactivation, disables 2.2 million lines, MTN, Airtel, others contribute N6 trillion to GDP each quarter every year, NCC wades into coronavirus linkage with 5G, says controversy is untrue

NCC wades into Coronavirus linkage with 5G, says controversy is untrue

The Nigerian Communications Commission (NCC) has dismissed reports connecting the 5G network to the coronavirus disease. 
Dividends announced on the Nigerian stock exchange

List of Dividends announced so far in 2020 (April)

List of Dividends announced so far in 2020 (April)
President Buhari may sign 2020 Budget tomorrow, President Buhari approves N37 billion for National Assembly renovation, President Buhari appoints Sarki Auwalu to head DPR , FG may stop interstate and inter-town travels, COVID-19: President salutes Elumelu, Dangote, Atiku, Banks, others for support, Naira export earnings, Covid-19: FG to set up N500 billion intervention fund, sovereign wealth

Update: FG to withdraw $150 million from sovereign wealth fund, to borrow $6.9 billion

President Muhammadu Buhari has given approval that the sum of $150 million should be withdrawn from the stabilization fund of the Nigerian Sovereign Wealth Fund