Business

Improvement in economic indicators points to Nigeria’s stabilisation — UBA boss

Improvement in economic indicators points to Nigeria’s stabilisation — UBA boss

Group Managing Director of United Bank for Africa (UBA) and Chairman of the Body of Bank CEOs in Nigeria, Oliver Alawuba, has outlined a blueprint for building a resilient Nigerian economy, calling for deliberate policies and stronger collaboration across the public and private sectors to transform economic stability into inclusive prosperity. Alawuba made the call […]
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Emefiele’s blueprint ‘ll boost economy  — Finance experts

Emefiele’s blueprint ‘ll boost economy — Finance experts

Some finance experts have expressed optimism that the full implementation of the new Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele’s economic blueprint would boost capital market activities and   national economic growth. They said that various sectors of the economy would experience a turnaround, if Emefiele carried out policies contained in his blueprint. […]

CBN bans corporate entities from international money transfer

CBN bans corporate entities from international money transfer

By Babajide Komolafe person transfer” basis to safeguard against corporate customers who might structure their transactions into smaller amounts to circumvent the statutory reporting threshold.” “The permissible operations of international money transfer services shall include allowable inbound and outbound international money transfer transactions. The transactions shall consist of the following activities: The acceptance of monies […]

More businesses at risk over corporate governance failure — IIA, others

More businesses at risk over corporate governance failure — IIA, others

More businesses and financial institutions are at risk of corporate mortality over their failure to entrench sound internal auditing and corporate governance principles, according to the Institute of Internal Auditors, IIA, and chief executive officers of financial institutions and consulting firms.

Housing: FG unfolds measures to woo investors

Housing: FG unfolds measures to woo investors

The Federal Government has enumerated measures being taken to create an enabling environment and attract both local investment and foreign direct investment into the nation’s housing sector