CBN sets N10 billion minimum capital for Mortgage firms
The Central Bank of Nigeria (CBN) has set a minimum capital requirement of N10 billion for Mortgage Guarantee Companies (MGCs) in the
Oil prices edge high as cautious trade-pact optimism provides a floor
Oil prices edged higher Wednesday, on a path for a fifth gain out of six sessions, as cautious optimism for a trade pact between the
Asia is facing a food crisis, needs another $800 billion in the next 10 years
Asia cannot feed itself and will require another $800 billion in the next 10 years to produce more food for the region, according to a
US futures rise, point to slightly higher open
Dow futures dipped 3 points but indicated a positive open of more than 30 points. Futures on the S&P and Nasdaq were both
Uber appoints new Communication Head for West Africa
Uber has appointed Efosa Aiyevbomwan as the new Head of Communication for its West African operations. With over a decade global
China unveils world’s largest shipbuilding firm worth $112.2bn
By Samson Echenim China has recorded another world first, after it unveiled the China Shipbuilding Corporation, which was described
CBN seeks institutional reforms to stem smuggling, migration of terrorists
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) yesterday rose from its last meeting for the year with a call
FG targets 15% Tax-to-GDP ratio with the Nigeria finance bill
The federal government is targeting a tax-to-gross domestic product (GDP) ratio of 15 per cent by 2023, up from the six per cent it is
SMEs, bank’s opportunity to grow deposits, profitability, says Phillip Isakpa
By Oluwaseun Afolabi