House committees summon Finance Minister Wale Edun and CBN Governor Olayemi Cardoso over unremitted surpluses, lapses and stalled major projects nationwide Oreoluwa Ojelabi
Read More »Lagos state governor Sanwo-Olu unveils landmark N10 billion MSME funding initiative with BOI
Lagos State Governor Babajide Sanwo-Olu launched a N10 billion matched funding partnership with the Bank of Industry (BOI) to provide affordable loans to MSMEs across the state Quadri Olaitan
Read More »SEC announces first quarter Capital Market Committee meeting in Lagos, May 19th
The Securities and Exchange Commission (SEC) will hold its first quarter Capital Market Committee meeting on May 19th in Lagos, focusing on the implementation of the Investments and Securities Act 2025 and strategies for capital market growth Quadri Olaitan
Read More »First Bank rebrands as FirstHoldCo Plc for a unified global identity
FBN Holdings Plc has officially rebranded as FirstHoldCo Plc to unify its identity across subsidiaries and strengthen its global presence FBN Holdings Plc has officially changed its name to FirstHoldCo Plc as part of a strategic rebranding effort to unify its identity across all subsidiaries. Also read: Fraud: First …
Read More »‘Nigeria is not broke’ Finance minister, Zainab Ahmed, says FG not defaulted in debt repayment
Zainab Ahmed, minister of finance, budget and national planning, says Nigeria is not broke. Ahmed spoke on Thursday at the presentation of President Muhammadu Buhari’s administration scorecard (2015-2023). The minister’s comments come amid criticism of the Buhari administration for copious borrowings believed to have sapped the country’s coffers dry. Data …
Read More »‘eNaira’ CBN is liable
The Central Bank of Nigeria (CBN) owes a high duty of care to each and every holder of the E-wallet account and has a fiduciary duty to all such account holders, and can be held liable for negligence irrespective of any terms and conditions in the E-wallet app or website. …
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