Nigeria to liquidate 42 microfinance banks
Authorities are verifying the claims of stakeholders of the 42 MFBs that lost their licenses...
Tag : Nigeria
National Insurance Commission grants licences to new firms
It has granted operational licences to six new insurance companies and one reinsurance company in Nigeria...
54gene’s end-to-end clinical development begins in Nigeria
The ehealth startup will also collaborate with global pharmaceutical and biotechnology companies to discover and develop diagnostic products...
Nigeria’s new move to promote civil aviation
The government plans to construct 10 new airports across the country on the back of a roadmap developed in 2015...
Nigeria’s telecom attracts foreign investors, mainly China
The Nigerian government is also stimulating investments through infrastructure programmes...
Nigeria to resume forex sales to the Bureaux de Change operators
The central bank has injected $51.8 million into the foreign exchange market...
inq. acquires 100% stake in Vodacom Business Africa’s operations
It will acquire operations in Nigeria, Cote d’Ivoire and Zambia, with Cameroon pending regulatory approvals...
Why Nigeria is a haven for money market funds
by WebAdmin
The total asset value of mutual funds climbed to N1.31 trillion in May—pointing to a N270 billion increase...
Nigeria’s capital imports nosedive 78.6% to $1.295 bn in Q2
Its capital imports had dropped $21.32 billion seven years ago to $5.12 billion in 2016 and has merely recovered ever since...
The Access Bank UK sees strong growth in key markets
The main focus of the bank lies in building and strengthening customer relationships in sub-Saharan Africa, Asia and the Mena region...