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Finance
855 posts
RMAFC backs councils’ autonomy to enhance grassroot governance, alleviate poverty
By Tochukwu Bliss, Abuja The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), has advocated for full autonomy for…
NDIC to begin payment of Heritage Bank depositors – Official
The Nigeria Deposit Insurance Corporation (NDIC) says it will begin payment of insured sum to 2.3 million depositors…
Fidelity Bank undertakes a ₦29.6bn rights issue, ₦97.5bn public offer
By Stanley Onyeka, Lagos Fidelity Bank Plc yesterday said it has concluded all necessary arrangements to raise a…
NETCO posts 137% rise in 2023 operating profit
. Targets 5% increase in market share through EPC projects The NNPC Engineering and Technical Company (NETCO), a…
World Bank, IMF deepen joint effort to scale up climate action
The World Bank Group (WBG), and the International Monetary Fund (IMF), said they are deepening their cooperation through…
Regulators lack resources to tackle greenwashing, says EU watchdog
Market watchdogs across the European Union have punished few instances of “greenwashing” by financial firms, partly because regulators…
ECB ready to force banks to tackle climate risk, Buch says
Euro zone banks are making progress in tackling climate-related risk but need to do more and the European…
Strengthening national capacities for debt management crucial for govt’s funding needs: Cardoso
The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, says strengthening national capacities for debt management…
CBN clears 98% of airlines’ trapped funds, says IATA
The International Air Transport Association (IATA), says that about 98% of foreign airlines’ trapped funds in Nigeria have…
AfDB approves increased capital of $117bn to support Nigeria, others
The Board of Governors of the African Development Bank (AfDB) Group has approved a capital increase of 117…