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Daily Archives: July 1, 2019

Nigeria pioneers Opening Banking in Africa

Nigeria pioneers Opening Banking in Africa

Nigeria has signified a strong desire to become the first country in Africa, to officially adopt an Open Banking standard, which defines how financial data is created, shared and accessed. This is a system, which also provides users with a ...

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Experts see inflow of fund in securities with CBN-backed mortgage loan

Experts see inflow of fund in securities with CBN-backed mortgage loan

The pronouncement by the Central Bank of Nigeria (CBN) that it would develop a framework to enable banks securitise mortgages loans has continued to gain wide commendation, as stockbrokers, at the weekend, said the implementation would create mortgage backed assets ...

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How Benin’s import policy threatens Nigeria’s economy

How Benin’s import policy threatens Nigeria’s economy

Crude palm oil producers and processors in the country have called on the Federal Government to close its borders with the Republic of Benin for allegedly sabotaging Nigeria’s economic interest. Specifically, the local producers are accusing the Benin Republic of ...

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