Financial Services

February 23, 2018

Nigeria Update: Investors condemn CBN directive on dividend payment by banks

Shareholders in the nation’s capital market have condemned recent directive by the Central bank of Nigeria (CBN), to Deposit Money Banks (DMB), not to pay dividend […]
February 22, 2018

Nigeria Update: Inlaks lauds CBN for licensing 28 additional MFBs

Inlaks, Financial Technology (Fintech) solutions provider in Nigeria and Sub-Saharan Africa, has commended the Central Bank of Nigeria (CBN), for licensing additional 28 Micro Finance Banks […]
February 20, 2018

Nigeria Update: CBN’s tech strategy for ‘Anchor Borrowers’, cleaner notes

As part of efforts to improve the operational efficiency of the Anchor Borrower’s Programme (ABP), the Central Bank of Nigeria (CBN) has introduced technology to guide […]
February 19, 2018

Nigeria Update: Nigeria sells $2.5 billion Eurobonds to replace naira debt

Nigeria sold $2.5 billion of Eurobonds as it sought to lower funding costs by using the notes to refinance higher-yielding naira debt.   Africa’s biggest economy […]