Business
‘No unregulated entity will participate in capital market activities’
The Securities and Exchange Commission (SEC) has assured that it would continue to engage and support operators in the financial technology (Fintech) space to ensure that no unregulated… The post
ABCON calls on CBN to check cryptocurrencies’ impact on diaspora remittances
The Association of Bureaux De Change Operators of Nigeria (ABCON) has charged the Central Bank of Nigeria (CBN) to introduce measures to insulate diaspora remittances against the impacts of cryptocurrencies.
‘Local companies can manage Nigeria’s national identification project’
With the right strategies and active involvement of the local private sector, the Federal Government can get its national identification programme right and would not have any challenge… The post
Firm begins gas-powered engine vehicle conversion in June
Flash Gas said it would begin conversion of cars to gas-powered engines from June to complement the Federal Government’s plan. The post Firm begins gas-powered engine vehicle conversion in June
Glo customers hail network for service
Millions of Glo subscribers have hailed the company for introducing a customer-savvy offering, Beep Call Service, which enables them to reach out to family, friends and loved ones even when
Remittance: ABCON advocates measures to counter cryptocurrencies
By Babajide Komolafe MONEY MARKET Association of Bureaux De Change Operators of Nigeria (ABCON) has called on the Central Bank of Nigeria (CBN) to introduce measures that will counter the
Refineries record N5.4bn deficit, as NNPC lifts $407.15m crude
By Obas Esiedesa ENERGY Amidst controversy over the state of the nation’s refineries the latest report of the Nigerian National Petroleum Corporation, NNPC, has indicated that Nigeria’s three refineries guzzled
Starting 2021 strong, UBA records 27% PAT growth, 20.5% ROAE
Pan African financial institution, United Bank for Africa (UBA) Plc has released its unaudited results for the first quarter ended March 31st, 2021, showing impressive double-digit growth across most of
NNPC’s Operating Revenues Slump By $290m in January
The increasing landing cost of petrol and the inability of the Nigerian National Petroleum Corporation (NNPC) to increase ex-depot price have continued to negatively impact on the operations of the
BDCs set for market dominance, regulatory compliance
By Peter Egwuatu, Assistant Business Editor The achievement of N1 trillion annual market turnover by Nigerian Bureaux De Change (BDCs) has reinforced their prime role in the economy. Not relenting
