Newscenter Media News The Nigerian Exchange Limited (NGX) on Thursday lifted the suspension placed on the shares of Mutual Benefits Assurance. The NGX disclosed this in its weekly report seen by journalists on …
Read More »Business
Nigerian govt pledges review as manufacturers decry new financial reporting fees
The Presidential Enabling Business Environment Council (PEBEC) on Friday, responded to growing concerns from Nigeria’s manufacturing sector regarding the Financial Reporting Council of Nigeria (FRCN) Amendment Act, which introduces cumulative …
Read More »NGX ROUNDUP: No reprieve for investors as equities market sheds N532bn in one week
The Nigerian equities market continues to endure bearish sentiment during the just-concluded trading week losing N532 billion on the floor of the Nigerian Xchange (NGX). Ripples Nigeria reports that investors …
Read More »Nigeria’s Balancing Act: Between embracing digital finance and crack down on Binance
The Nigerian government, in a paradoxical move, is reaffirming its openness to cryptocurrency firms even as it wages a legal battle against Binance, the world’s largest crypto exchange, over alleged …
Read More »Baobab Nigeria disburses N500bn loans to MSMEs
Baobab Nigeria, a microfinance bank, said it has disbursed close to N500bn in loans to micro, small, and medium-sized enterprises, reinforcing its commitment to financial inclusion and business growth …
Read More »Create policies to attract agric investments, stakeholders urge govt
Stakeholders in the agricultural sector have called for urgent policy reforms, increased investments, and technological innovations to strengthen the country’s food system. With food insecurity affecting millions of Nigerians, …
Read More »BOI, WCCIMA unveil N10bn fund for women-led businesses
The Bank of Industry has assured the Women’s Chamber of Commerce, Industry, Mines, and Agriculture of its commitment to providing financial solutions for female entrepreneurs in the sector. According …
Read More »Naira-for-crude crisis: Petrol imports rise to 154m litres weekly
Seven vessels carrying imported Premium Motor Spirit, popularly called petrol, are expected to berth at seaports along the nation’s borders between Monday, March 17, and Sunday, March 23, Saturday …
Read More »Customs seize $578,000 undeclared cash, hand suspects to EFCC
The Nigeria Customs Service, Murtala Muhammed International Airport Command, said it intercepted a total of $578,000 falsely declared by an inbound passenger coming into Nigeria from South Africa. The …
Read More »FCMB opens new branch to boost local economy
First City Monument Bank has expanded its footprint by launching a new branch in Ogbomosho. Officials say the move will boost financial inclusion and economic development. The branch, located …
Read More »