New Telegraph

Optimising market gains via digital presence

Optimising market gains via digital presence

Trading and provision of services have now been made easier as physical contact is no longer needed before commercial transactions can take place, all thanks to Financial Technology (FINTECH). Capital market, a financial market for…

Stakeholders press for maritime economy

Stakeholders press for maritime economy

Nigeria is one of the countries in Africa considered to be sea-blind because of its low level of awareness of the estimated $25 trillion resources that abound in the seabed. Also, over 70 per cent…

FDC expects slow GDP growth in Q2

Citing the impact of political activities on economic events, analysts at Financial Derivatives Company Limited (FDC) have said they expect real Gross Domestic Product (GDP) growth to be sluggish in the second quarter of this…

Stanbic IBTC Trustees wins ‘Best Trust Company Nigeria 2023’ award

Stanbic IBTC Trustees wins ‘Best Trust Company Nigeria 2023’ award

Stanbic IBTC Trustees, a subsidiary of Stanbic IBTC Holdings, has been awarded, “Best Trust Company Nigeria 2023” by Finance Derivative, a leading financial news and analysis publication. According to a press release, the award recognises…

Emefiele: Validating developmental role of central banks

Given the huge potential it has for transforming Nigeria’s economy, not many industry watchers would be surprised by the fact that a week after the Dangote Oil Refinery and Petrochemicals Complex was inaugurated in Lagos,…

Licence Revalidation: Customs issues deadline to offending clearing agents

Clearing agents who failed to revalidate their licences before June 5, 2023 with Nigeria Customs Service (NCS) will cease to operate in the ports and borders. The affected agents include those whose licences were impounded…

Growth: Investment expert seeks change of narrative for Africa

Growth: Investment expert seeks change of narrative for Africa

For Africa to attain the expected growth commensurate with the available resources, the Senior Director, Africa Investment Forum, Mrs. Chinelo Anohu, has advised the continent to reject the status quo and work with the private…

PMS: Nigeria receives 581.6m litres in 8 weeks pre-subsidy removal

Prior to the removal of subsidy on petroleum two days ago by President Bola Ahmed Tinubu, no fewer than 581.644 tonnes (581.6 million litres) of Petroleum Motor Spirit (PMS) laden in 32 vessels were imported…

CBN takes eNaira sensitisation drive to women in UNILAG

CBN takes eNaira sensitisation drive to women in UNILAG

The Central Bank of Nigeria (CBN) recently took the eNaira sensitisation drive to women at the Law Ladies Day programme in University of Lagos (UNILAG) Yaba Lagos. According to a press release, the initiative is…

FDC: Inflation to hit 22.5% in May

  Financial Derivatives Company (FDC) Limited has forecast that inflation is likely to rise further to 22.5 per cent in May from 22.22 per cent in April. If the prediction proves correct, it will mean…