Big Business

CBN Bans Nine Banks From Forex Market
Big Business

CBN Bans Nine Banks From Forex Market

The CBN has barred nine banks from all Forex transactions over their failures to remit NNPC funds in the TSA account. According to media reports, the Dollar funds were not remitted even after the presidency ordered all funds belonging to the government to be paid back into the TSA account. The […]

NSE And Bloomberg To Hold Markets Rountable
Big Business

NSE And Bloomberg To Hold Markets Rountable

The Nigerian Stock Exchange (NSE) in collaboration with Bloomberg is set to host the 2nd NSE Bloomberg CEO Roundtable Event on Wednesday, 31st August 2016 at the Stock Exchange House, Marina, Lagos. The CEO Roundtable themed “Navigating the Changing Business Landscape in Nigeria”, will bring together thought leaders and captains […]

Nigeria ePayment Hits NGN77.8 Billion In July
Big Business

Nigeria ePayment Hits NGN77.8 Billion In July

Latest data released by the National Bureau of Statistics, NBS shows that the Nigeria’s total electronic payment web payment has hit 77.8 billion as at July. According to the data, NEFT transfers has overtaken cheque payment with about 3,4 million transanctions NGN1,87 trillion in value. NEFT payment is mostly used by individuals […]