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Category: Economy

Economy headline

Nigeria receives N2.04bn from international customers for electricity supply

Iheanyi Ejiofor October 28, 2020 No Comments

Niger, Benin, Togo remitted a total of N2.04bn in the first quarter of 2020 as their outstanding electricity bill to the Market Operator of the sector in Nigeria. This was…

Read More Nigeria receives N2.04bn from international customers for electricity supply
Business Economy headline

WTO: France, Germany, 104 other countries back Okonjo-Iweala

Iheanyi Ejiofor October 27, 2020 No Comments #WTO: France104 other countries back Okonjo-IwealaGermany

The 27 European Union member states have backed Nigeria’s former finance minister, Ngozi Okonjo-Iweala, in her bid to become the first African and first female director-general of the World Trade…

Read More WTO: France, Germany, 104 other countries back Okonjo-Iweala
Economy headline

CBN sets new standard for banks compliance officers

Iheanyi Ejiofor October 23, 2020 No Comments

The Central Bank of Nigeria (CBN), has directed merchant banks and regional banks to appoint chief compliance officers on a grade not below an assistant general manager. The directive was…

Read More CBN sets new standard for banks compliance officers
Business Economy

NDIC hosts international virtual conference

Iheanyi Ejiofor October 23, 2020 No Comments #NDIC hosts international virtual conference

The Nigeria Deposit Insurance Corporation (NDIC) has taken the front seat in the international finance community to drive public discourse on the impact, risks, challenges and opportunities of Financial Technology…

Read More NDIC hosts international virtual conference
Business Economy

European Parliament backs Okonjo-Iweala for WTO job

Iheanyi Ejiofor October 23, 2020 No Comments #European Parliament backs Okonjo-Iweala for WTO job

The European Parliament has endorsed the candidacy of Nigeria’s Ngozi Okonjo-Iweala in her quest to lead the World Trade Organisation as Director-General. The Parliament in a letter on Wednesday said…

Read More European Parliament backs Okonjo-Iweala for WTO job

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