Editor

Post No Debit: ‘Dead’ Customer Recants, Thanks Polaris Bank For Protecting His Funds

Polaris Bank customer, Mr Anthony Olasele, on Thursday, June 23, wrote on his Twitter handle to praise the bank for protecting his account. Mr. Olasele, with Twitter handle @avogroovy, had on his last thread on May 16 alleged that Polaris Bank was

June 24, 2023

News

Nigeria, Ghana Sign MoU To Combat Organized Trans-border Crimes

The Economic and Financial Crimes Commission EFCC, and Ghana’s Economic and Organized Crime Office, EOCO, on Thursday, June 22, 2023 signed a Memorandum of Understanding of collaboration in tackling transborder economic and financial crimes, especially cybercrimes. Speaking at the event which took

June 23, 2023

News

SCUML Deploys Software For Improved Services

In furtherance of the digitalization policy of the Economic and Financial Crimes Commission, EFCC, the Special Control Unit against Money Laundering, SCUML, on June 23, 2023, concluded an in-house training of its officers, and the deployment of a uniquely developed software analytical

June 23, 2023

Business·News

ATI Supports Deutsche Bank’s $305 Million Road Project In Angola

Key Points ATI has supported a loan by Deutsche Bank, valued at USD 305 million, to Angola’s Ministry of Finance, to support the construction and rehabilitation of a national road project. The infrastructure project is a priority for the Government of Angola

June 23, 2023

News·Politics

We Haven’t Declared Matawalle Wanted – EFCC

The Economic and Financial Crimes Commission (EFCC) Sunday afternoon debunked a report by the SundayTribune, indicating that it declared former governor of Zamfara State, Bello Matawalle, wanted over an alleged N70 billion fraud. Several other online publications (Prime Business Africa not included)

June 18, 2023

Tinubu Sets Up Tax Reforms Committee, Names PwC’s Oyedele As Chairman

News·Top Stories

Tinubu Seeks Governors’ Support, Lists Priority Areas

President Bola Tinubu Thursday in Abuja said the task of turning around Nigeria’s economy from the age-long status of “potential to pragmatic’’ had started with the removal of fuel subsidy and unification of exchange rates, urging the 36 state governors to join

June 15, 2023

CBN Releases Another Around Of $10,000 FX To Each BDC, Mandates Them To Sell At N1,117/$1

Uncategorized

FX Liberalisation May Increase FAAC Allocation To States By 20%

The new FX liberalisation will potentially increase federal allocation to states by about 15% to 20%, as the dollar component of the government revenues settle into the federation account at new official rate. The Federal Account Allocation Committee (FAAC) is responsible for

June 15, 2023

Business·Finance & Economy·News

Naira Float: 40% Of Nigerian Banks May Raise New Equity Capital

Indications are rife that, given the Central Bank of Nigeria’s decision to float the Naira, many Nigerian banks will soon raise new equity capital to shore up their capital base, while those with positive net FX exposure will book exchange rate gains

June 14, 2023

Business·Technology

Nigeria’s Telecom Access Gaps Drop by 53%

The number of identified areas of clusters across Nigeria without access to the telecommunications services has been reduced by 53.1 per cent as at the end of 2022. The Executive Vice Chairman and Chief Executive Officer of the Commission, Prof. Umar Garba

June 14, 2023

Business·Currency·News

10 Gains Of CBN’s Exchange Rate Unification – CPPE

The Centre for the Promotion of Private Enterprise (CPPE) says it welcomes the bold step taken by the Tinubu administration to unify the naira exchange rate and unlock the huge potentials for investment, jobs and capital flows. According to Dr Muda Yusuf,

June 14, 2023

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Editor

Post No Debit: ‘Dead’ Customer Recants, Thanks Polaris Bank For Protecting His Funds

Nigeria, Ghana Sign MoU To Combat Organized Trans-border Crimes

SCUML Deploys Software For Improved Services

ATI Supports Deutsche Bank’s $305 Million Road Project In Angola

We Haven’t Declared Matawalle Wanted – EFCC

Tinubu Seeks Governors’ Support, Lists Priority Areas

FX Liberalisation May Increase FAAC Allocation To States By 20%

Naira Float: 40% Of Nigerian Banks May Raise New Equity Capital

Nigeria’s Telecom Access Gaps Drop by 53%

10 Gains Of CBN’s Exchange Rate Unification – CPPE

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