Thursday, May 16, 2024

CBN partners SEC, BDCs to enforce limits on forex sales

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•BDCs seek exclusion of banks from PTA, BTA trade By Kelechi Mgboji Assistant Business Editor Bureau de change (BDC) operators want banks to stop selling dollars for...

How banks, mobile money firms lost N6.8b to internet fraud

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When TheNiche published the story of how banks and mobile money firms were hit by Heartbleed bug on May 11, 2014, perhaps not many...

Big reap off of stockholders on NSE

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There seems to be no respite for investors in insurance stocks at the Nigerian Stock Exchange (NSE) since the crash in the market in...

NSE market indicators record 0.50% growth

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The market indices of the Nigerian Stock Exchange (NSE) on Friday appreciated by 0.50 per cent, reversing the four days downward trend.     The News Agency...

Experts blame holes in justice system for N4.810b e-fraud

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Experts have identified improvement in payment system laws, digital forensics, creation of an industry wide forensics laboratory, and capacity building as tools to achieve...

PFAs rekindle financial security in retirement

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One of the features of the new contributory pension scheme is advisory services to prospective retirees on how to plan ahead and imagine life...

Headwinds pummel Forte Oil, Mobil, Total, others

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By Kelechi Mgboji Assistant Business Editor Shares of petroleum marketing companies on the Nigerian Stock Exchange (NSE) dived in November as worsening global crude oil prices...
Tambuwal

Sokoto governor self-isolates, awaits COVID-19 test result

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By Valentine Amanze, Online Editor The Sokoto State Governor, Aminu Tambuwal, has self-isolated himself after coming in contact with...

CBN, Citibank execute first naira-settled FX futures

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By Kelechi Mgboji Assistant Business Editor The Central Bank of Nigeria (CBN) and Citibank have executed the country's first naira-settled futures trade against the dollar, according...

Employment racket in SEC

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Flagrant nepotism in the Securities and Exchange Commission (SEC) in which five of the six people recently employed are from the North raises credibility...

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