Shareholders of the Nigerian Stock Exchange have called for dialogue with regulators of the capital market concerning the recurrent fall in equities listed on the Exchange. The investors had last week stressed that the market regulators needed to meet with stakeholders in order to come up with possible solutions to […]

Of the 104 licensed finance companies in Nigeria, only 22 are sound, the Central Bank of Nigeria has said. The CBN, in its recent on-site examination of the finance houses sub-sector, revealed that only 21 per cent of the institutions were considered to be sound. CBN’s Deputy Governor, Financial System […]

The nation’s banks are planning a surge in credit from next year, with the take-off of ‘cash-lite’ transaction and e-payment system. The word cashless was changed to ‘cash-lite’ at the last Bankers’ Committee meeting following the perception in some quarters that  people would no longer have  cash on them when […]