The Nigeria Deposit Insurance Corporation (NDIC) has disclosed that no fewer than 103 Micro-Finance Banks (MFBs) were liquidated in the last two years as part of the fulfilment of its mandate of handling distress in the banking system in the country. The bank has also decided to introduce some basic […]

The Federal Ministry of Finance, Federal Ministry Trade and Investments and the Securities and Exchange Commission (SEC) are working on the modalities of how to facilitate better access to venture capital in the country. The Director-General of SEC, Ms. Arunma Oteh, disclosed this while speaking at the Rivers State Investors’ […]

Money supply grew at a slow pace of 0.8 per cent in September to N12.6tn with an annualised growth of 13.1 per cent in money supply compared to the target of 25 per cent. Information made available by the Fianacial Derivatives Company Limited also showed that narrow money supply, which […]