Sarah NEGEDU

‘De-risk your economies or risk investors’ flight’

Nigeria, and indeed other African countries have been urged to focus on de-risking their economies and build confidence in their financial systems or risk facing issues of investors’ flight.

The Chief Executive Officer of African Trade Insurance Agency, [...]

Sun, 15 July 2018


AfDB devise strategies to bridge Nigeria’s infrastructure gap

The Africa  Development Bank, AfDB, has said it will assist Nigeria put together an array of bankable projects that would help bridge the county’s infrastructure gap in the shortest possible time.

This is part of a $130billion in [...]

Sun, 15 July 2018


2018 budget: Defence suffers highest cut

In spite the alarming rate of insecurity in Nigeria and the calls to increase security budget to curb the trend, the National Assembly considerably slashed allocation to the defence sector in the 2018 appropriation.

At least 13 projects valued at N3.63billion [...]

Sat, 14 July 2018


CBN demands daily transaction data from banks

In a bid to ensure effective monitoring and evaluation of the banking industry, the Central Bank of Nigeria, CBN, has mandated all financial institutions to furnish it with their daily transaction data through the Nigeria Inter-Bank Settlement System, NIBSS.

[...]

Sat, 14 July 2018


DMO insists it has effective debt management strategy

The federal government has refuted a media reports that the country has no debt management strategy, insisting that Nigeria has a subsisting debt management strategy.

The Debt Management Office, DMO, said contrary to a report by a national daily, Nigeria has [...]

Sat, 14 July 2018


FG advocates for financial literacy to grow MSMEs sector

Worried by the poor level of financial literacy among Nigerians, the federal government has called for an urgent intervention, as its fears the current situation is impeding Micro, Small and Medium Enterprises, MSMEs, growth in the country.

The Minister of St [...]

Sat, 14 July 2018


NDIC shows support for Uganda deposit protection fund

The Nigeria Deposit Insurance Corporation, NDIC, has said it is assisting the Uganda Deposit Protection Fund, DPFU, to develop capacity to implement the Deposit Insurance System, DIS, in the East African country.

A statement from the Head, Communications and Public Affairs, of the corporation, [...]

Sat, 14 July 2018


Intervention funds: MSMEs asked to form cooperatives

Small businesses, especially those in rural areas, have been encouraged to register with recognised cooperatives to facilitate their access to financial interventions.

A staff of the Financial Inclusion Secretariat of the Central Bank of Ni [...]

Sat, 14 July 2018


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Latest posts

PhotoAlleged fraud: Kachikwu pushes back

The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has refuted allegations of being shielded from prosecution by the Economic and Fin [...]

14 September 2018

PhotoAlleged fraud: Kachikwu pushes back

The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has refuted allegations of being shielded from prosecution by the Economic and Fin [...]

14 September 2018