Stock index futures fell on Monday after data showed Europe’s private sector activity declined last month and China cut its growth target, reigniting concerns about the strength of the global economy. European and Asian stocks dropped, with shares in euro zone peripheral countries such as Italy and Spain among the […]

The Central Bank of Nigeria (CBN) at the weekend clarified that the new cash withdrawal/deposit limit is not applicable to Microfinance Banks (MFBs) and Primary Mortgage Institutions (PMIs) because both deposit-taking institutions are expected to honour the withdrawal request of their customers and also meet other obligations. Specifically, the apex […]

The Federal Mortgage Bank of Nigeria (FMBN) has said it had initiated plans to develop about 150 housing units in each state of the federation and Federal Capital Territory for officers of the Nigeria Police. The project would be initiated under the Police Social Housing Scheme. A statement from the […]