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Thursday, May 28, 2020

CBN Reschedules MPC Meeting for Thursday May 28, 2020

Central Bank of Nigeria (CBN) has rescheduled the May 2020 Monetary Policy Committee (MPC) meeting earlier scheduled for Monday and Tuesday.

Lagos State Cuts 2020 Budget By 21 Percent

Lagos State Executive Council has approved a downward review of the state’s 2020 budget by 21 percent to help mitigate the economic...

Nigeria Headline Inflation Up By 8bps To 12.34% In April 2020

Nigeria’s headline inflation continues its uptrend for the eight straight months, as it expanded by 8bps in April 2020 to 12.34% y/y...

Senate receives Buhari’s request to confirm new SEC DG, Yuguda, others

The Senate on Tuesday May 19, 2020, received a request from President Muhammadu Buhari for the confirmation of Mr. Lamido Yuguda as...

Debtors Africa in partnership with Proshare Launches Searchable Database on Delinquent Debtors and Report...

Debtors Africa an independent searchable database of recalcitrant and delinquent debtors in Africa was launched into the market today, in addition...

Forex Repatriation: Emefiele Assures Investors

The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has assured investors of the security of their...

UBA Rewards 100 customers with N100,000 amid COVID 19 Meltdown

Pan African Financial institution, United Bank for Africa (UBA) Plc has again given...

CBN, Bankers’ Committee Suspend Lay-offs in Banks

A special meeting of the Bankers’ Committee was convened on May 2, 2020, to further review the implications of...

CSCS to hold 26th Annual General Meeting by Proxy

Central Securities Clearing System (CSCS) Plc has announced that it will hold its 26th Annual General Meeting (AGM) by...

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Develop Homegrown Solutions, Human Capacity and Invest in Agriculture to Rebuild Africa; Experts say...

African thought leaders and great minds have noted that the development of homegrown solutions and adequate investment in human capacity building and...

COVID-19: CBN Okays Reliefs on loans in OFIs Sector

As part of its continued effort to mitigate the impact of the corona virus (COVID-19) on households, businesses and regulated institutions, the...

Analysing Uduk’ s Two Years as SEC Acting DG

Analysing Uduk’ s Two Years as SEC Acting DG By Akeem Oyetunde Appraising the performance of...