World News

Analysts see inflation rate hitting 12%

Financial analysts have said that inflation rate will hit the 12 per cent mark before the end of the year. Analysts at Financial Derivatives Company Limited on Tuesday in a report made available to our correspondent said using trend analysis, it was estimated that Nigeria’s headline inflation would rise considerably […]

Financial inclusion: Bankers Committee selects Bornu

The Bankers’ Committee has selected Borno State for the implementation of the financial inclusion strategy. The selection, according to a statement made available on Monday by the Central Bank of Nigeria was one of the key resolutions made at the Bankers Committee retreat. The statement said, “The committee expressed concern […]

Shareholders approve listing of FCMB Holdco

Shareholders of First City Monument Bank Plc have approved the delisting of the bank preparatory to the listing of FCMB Holdco on the Nigerian Stock Exchange. The shareholders during the bank’s Court Ordered Meeting in Lagos on Monday unanimously agreed that all holders of ordinary shares of the bank as […]