NDIC pays N1.48bn to 10,312 depositors of 47 closed MFBs
The Nigeria Deposit Insurance Corporation, NDIC, has paid N1.48 billion to 10,312 insured depositors of 47 recently closed microfinance banks, MFBs, as part of efforts to strengthen confidence in the banking system.
Insecurity is killing businesses in Nigeria – NECA
President, Nigeria Employers’ Consultative Association, NECA, Chief Richard Uche has decried the threat posed by insecurity to the ease of doing business in Nigeria especially in the Northern part of the country.
SEC to tighten regulation of collective investment schemes
Managers of mutual funds and other collective investment schemes in the capital market will soon be required to attain certain professional qualification and adopt the International Financial Reporting Standards, IFRS, for their funds, according to a proposal put forward by the Securities and Exchange Commission, SEC.
Indians undermining paper mills in Nigeria – CIPPON
BULK importation of papers by Indian businesses is undermining Paper Mills in Nigeria, says Chartered Institute of Professional Printers of Nigeria (CIPPON).
African govts urged to increase economic investments in women
National governments across Africa should increase investments in empowerment of the female gender as the region cannot have real development without improvement in the economic and financial status of women.
ICAN identifies good governance as panacea for economic transformation
As Nigeria continues to struggle to find solutions to myriads of its economic setbacks, the upcoming 7th Eastern Districts Conference of the Institute of Chartered Accountants of Nigeria (ICAN) will be focusing on good governance as a panacea for economic transformation.
