Author: Marketforces Africa

Many of the world’s monetary authorities are seeking more guidance on how best to pursue digital forms of central bank money

The out-of-court settlement meeting on the execution of N2.5 billion judgment debt between Ahmadu Bello University (ABU), Zaria, and its 110 disengaged staff has ended in a deadlock.

The Minister of Finance, Mr Wale Edun says that the Federation Account is witnessing improved revenue inflow since the removal of subsidy from an average of N650 million monthly to over N1 trillion in the last four months.

Moscow urged Britain to stop its involvement in the Ukraine crisis, local media reported on Monday.

Negative price movement in banking names has dragged the equities market capitalisation of the Nigerian Exchange (NGX) downward during the intraday trading session, Alpha Morgan Capital said in an update.

Equities investors queue for Oando Energy Plc shares following the company secured a $800 million deal to fund its acquisition of Nigerian Agip Oil Company (NAOC) from the African Export-Import Bank.

The Petroleum Tanker Drivers (PTD) have threatened to exit its umbrella body, the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), if its President Williams Akporeha and General Secretary, Afolabi Olawale, do not resign.

The Nigerian Ports Authority (NPA) has issued a stern warning against the illegal stripping of containers along the port access road.

Retail lender, Unity Bank Plc has extended N10 million business grant to 30 members of the National Youth Service Corps, NYSC, who took part in the 10th edition of the Bank’s flagship Entrepreneurship Development Initiative, known as Corpreneurship Challenge.

The Payment  Unit of MTN , MoMo PSB, says it is  targeting 20 million Nano and Small  Medium Enterprise  (SMEs) to provide  financial  services to enhance  financial  inclusion.