By Taiye Olayemi The Central Securities Clearing System Plc (CSCS) has upgraded its core technology system in collaboration with global technology firms, IBM and Tata Consultancy Services (TCS). CSCS, Nigeria’s capital market infrastructure provider, made this known in a statement on Monday. Continue Reading
By Taiye Olayemi The newly-inaugurated 23rd President of the Nigerian Council of Registered Insurance Brokers (NCRIB), Mrs Ekeoma Ezeibe, has unveiled plans to expand insurance awareness nationwide. She said the initiative would begin with Abia as the pilot location for the national insurance penetration drive. EzeibeContinue Reading
By Rukayat Moisemhe The Bank of Industry (BoI) and financial experts have urged Micro, Small and Medium Enterprises (MSMEs) to embed Environmental, Social and Governance (ESG) principles in their operations to engender growth and global competitiveness. They gave the advice on Tuesday inContinue Reading
By Aisha Cole A Don, Prof. Jinadu Adele, on Tuesday underscored the need for inclusive governance in Nigeria, saying that it remained the only pathway to national development. Adele urged government at all levels to prioritise public interest in their policies and programmes, especially with regards to the localContinue Reading
By Muhyideen Jimoh Danish billionaire and Founder of Bestseller Foundation, Mr Anders Povlsen, has pledged to invest in Nigeria’s digital economy, entertainment and sports sectors. Povlsen made the commitment on Tuesday during a courtesy visit to President Bola Tinubu at the State House, Abuja. He was accompanied by the DanishContinue Reading
By Rukayat Moisemhe The Chartered Institute of Directors Nigeria (CIoD) has lauded the President Bola Tinubu administration for its decisive leadership in steering the nation out of the grey list category of the Financial Action Task Force (FATF). The President of CIoD, Mr Adetunji Oyebanji, said thisContinue Reading
By Vivian Ihechu Dr George Elombi, the new President of the African Export-Import Bank (Afreximbank), has unveiled a five-year strategy to transform Africa’s trade structure and deepen integration. He unveiled the plan during his investiture as Afreximbank’s fourth president at the Legacy Conference and Investiture in Cairo, Egypt,Continue Reading
By Ginika Okoye The Securities and Exchange Commission (SEC) says over $50billion worth of cryptocurrency transactions flowed through Nigeria between July 2023 and June 2024. The Director-General of SEC, Dr Emomotimi Agama, said in a notice on Sunday that the situation raised concern over the low participation of citizens in the traditionalContinue Reading
By Kadiri Abdulrahman The Central Bank of Nigeria (CBN), has welcomed the Financial Action Task Force’s (FATF) formal removal of Nigeria from the list of jurisdictions under increased monitoring, known as the “grey list”. Mrs Hakama Sidi-Ali, CBN’s Acting Director, Corporate Communications, said this in a statement on Saturday inContinue Reading
By Vivian Ihechu Dr George Elombi, Executive Vice-President (EVP) of Afreximbank, has highlighted the blueprint behind Prof. Benedict Oramah’s decade-long success, which saw the bank’s assets multiply from a mere US$6 billion in 2015 to over US$40 billion. Speaking at a Farewell Conference in honour of departing President OramahContinue Reading
