FX daily turnover declines by 13.44% as naira remains stable
The daily foreign exchange turnover declined by 13.44 percent to $85.43 million on Friday from $98.69 million recorded on Thursday at the Investors and Exporters (I&E) forex window.…
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Bitcoin stash in exchanges drops to two years low as fear sentiment returns
Major exchanges across the world have seen a considerable drop in bitcoin (BTC) deposits since March and have now reached the levels last witnessed in November 2018, according to analysts at…
Stakeholders at ‘Dive In Festival’ point way forward for women inclusion in insurance…
Stakeholders at the Dive In Festival in Nigeria 2020 have pointed the way forward on gender diversity highlighting its impact on global and local economic growth as it executed the second…
Edo, Amazon Web Services to train school leavers to launch careers in cloud computing
The Edo State Government through the Edo Skills Development Agency (EdoJobs) is collaborating with the Amazon Web Services’ re/Start programme in training young school leavers and National…
Lagos crawls as traffic situation worsens
Lagos, Nigeria's commercial capital, is now moving on its knees as a result of traffic congestion in the metropolis. No location is spared. Whether it is the island or mainland, the story…
Ekiti APC suspends Governor Kayode Fayemi for anti-party activities
Ekiti state governor, Kayode Fayemi has been suspended by his State Executive Committee of the All Progressives Congress (APC) due “his numerous anti-party activities, especially his role in…
2020 revised budget: Finance minister, AGF shun Senate’s invitation again
The Minister of Finance, Zainab Ahmed, has again shunned invitation by the Senate; asking her to brief the Committee on Appropriation on the performance of the 2020 budget. This is the…
How Huawei crafts an industrial digital transformation through collaboration
Huawei has said that collaboration is critical to building a new paradigm of industrial digital transformation. According to Peng Zhongyang, Board Member, President of Enterprise BG,…
Assessing contributions of Bureau De Change in foreign exchange stability
The Bureaux De Change Operators (BDCS) sector has for decades, remained a critical component of the Nigerian financial market playing pivotal role in exchange rate stability and job…
Existence of Credit Bureaus means better access to loans, fair cost of funds –…
With Nigerian Banks asked to lend more, experts say the focus has shifted to Credit Bureaus. In an interview with BusinessDay, Ahmed Tunde Popoola, Managing Director/CEO of CRC Credit…