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Finance Correspondents

Insecurity, fraud clog financial inclusion stride

As fiscal and monetary authorities collaborate to ensure that Nigerians keep up the 63.6 per cent financial inclusion stride with the aim of attaining the set target of 20 per cent exclusion rate by 2020, the frightening series of bank robberies and frauds in the system may have put a lid on the agenda.

Central bank: Electronic fraud will hit N6.1 trillion by 2021

Mr Sunday Salam-Alada, Director, Consumer Protection Department, Central Bank of Nigeria (CBN) has said electronic fraud losses in the banking system are projected to reach N6.1 trillion by 2021.

Non-oil exports gets N500 billion from central bank

The Central Bank of Nigeria (CBN) has finalised arrangement with Nigeria Export-Import Bank (NEXIM) to assist local manufacturers who are interested in non-oil exports, according to its governor, Mr Godwin Emefiele.

SEC, journalists synergise on investor education

Capital market regulator, Securities and Exchange Commission (SEC), has pledged to work with Finance Correspondents to ensure proper reporting of the capital market to enlighten and educate the investing public.

NDIC warns Nigerians against trading in digital currencies

The financial sector insurance regulator, the Nigerian Deposit Insurance Corporation, NDIC, has again warned Nigerians against the risk of trading with digital currencies not issued by the Central Bank of Nigeria, CBN.

Recent Stories

Court orders wife to return carpet, mattress to husband

A Sharia Court in Kaduna on Tuesday ordered a housewife, Hauwa’u Zailani, to return the carpet and mattress she received as part of her dowry from her former, Akilu Yakubu.

Impeachment: Kogi Assembly requests chief judge to set up panel of inquiry

The Kogi State House of Assembly has requested the state Chief Judge, Justice Nasir Ajanah, to constitute a 7-man Panel of Inquiry to investigate allegations of gross misconduct against the Deputy Governor of the state, Elder Simon Achuba.

Court remands tailor who pleaded guilty to pickpocketing

An Ogudu Magistrates’ Court in Lagos on Tuesday ordered the remand of a 27 -year-old tailor, Femi Afolabi, in Kirikiri Prisons, pending his sentencing for alleged theft of a cell phone.

Stakeholders seek end to incessant marriage break-up

Some stakeholders, on Tuesday, identified third-party influence and lack of trust among couples as factors responsible for the collapse of marriages nowadays.
Dave Umahi

Southeast governors write President Buhari over Enugu airport closure, herdsmen

Southeast Governors’ Forum on Tuesday urged President Muhammadu Buhari to defer the closure of Akanu Ibiam International Airport, Enugu to end of October 2019.