30 results
- 6 May 2024
Rewane, Financial Expert Backs Telcos’ Move to Hike Tariff
Bismarck Rewane, managing director/chief executive officer, Financial Derivatives Company Limited has backed telecommunication companies’ move to increase tariffs. Recall that telecom companies…
- 10 Jun 2024
Decline in Telecom Investment May Hurt other Sectors- Rewane
Mr Bismarck Rewane, managing director/CEO, Financial Derivatives Company Limited (FDC), has warned that the Nigeria’s telecommunications sector, is fast losing its spark, a situation that will…
- 13 Jul 2026
Nigerians Accumulate $59Bn in Cryptocurrency Assets —FDC
Financial Derivatives Company (FDC) Limited, a premier economic think-tank and financial advisory firm, led by Bismarck Rewane, has reported that Nigerians have accumulated an estimated $59 billion…
- 9 Aug 2022
Rewane, Financial Expert Claims Naira Overvalued by 200 Per Cent
Bismarck Rewane, managing director of Financial Derivatives Company Limited (FDC), said on Tuesday the Naira was over-valued by 200 percent. Bismarck Rewane, MD, FDC Rewane, known as Nigerian…
- 5 Jan 2016
Banks, Govts Set to Retrench Staff
Deposit Money Banks (DMBs) and state government may soon commence massive staff retrenchment according to Mr. Bismarck Rewane, managing director, Financial Derivatives Company Limited (FDC), has…
- 11 Aug 2020
FMDQ says New Companies & Allied Matters Act to Reposition Nigerian Financial Markets
FMDQ Securities Exchange commended the new Companies and Allied Matters Bill 2020 assented to by President Muhammadu Buhari, saying it would reposition Nigeria as a compelling destination of capital.…
- 30 Jul 2013
Sidra Capital goes Live on Agile FT’s Agilis IMS Software
Sidra Capital (DIFC) Limited, a Category-3A company, licensed by the Dubai Financial Services Authority (DFSA), has completed the successful implementation of Agilis Investment Management Suite. The…
- 27 Aug 2014
Experts Extol Glo Xchange as a Boost to Nigerian Economy
Two of Nigeria’s foremost financial analysts have applauded Nigeria’s biggest Mobile Money Agent Network, Glo Xchange, recently launched by Globacom, the country’s national telecom carrier. Glo…
- 22 Apr 2018
UBA Celebrates Africa, Honors Staff at 2018 CEO Awards
It was a fun night of glamour and electrifying excitement as Pan African financial services group, United Bank for Africa (UBA) Plc once again gathered together a stunning audience from Across Africa…
- 11 Jun 2013
Connectivity Problem Tops Challenges of PoS Usuage
Telecommunications network connectivity difficulties account for 58.5% of challenges merchants face in Point of Sale (PoS) transactions according to a field market research sponsored by Nigeria…
- 26 Aug 2013
Balogun, FCMB Boss Bags CIBN Fellowship
Chartered Institute of Bankers of Nigeria (CIBN) has as part of activities marking its 50th anniversary, conferred the fellowship of the institute, on Mr. Ladi Balogun, group managing director/chief…
- 12 Feb 2025
E-Payment Transactions Down 3.14% to 119.84trn in January - FDC
Transactions through electronic payment (e-payment) channels in the country declined by 3.14 per cent to N119.84 trillion in January 2025 from the N123.72 trillion recorded in the previous month, a…
- 10 Sept 2018
FIRS, Customs Distance Selves from MTN Issue
Federal Inland Revenue Service (FIRS) and the Nigeria Customs Service (NCS) have indicated that they would rather not get involved in the Federal Government’s current battle with MTN Nigeria. …
- 26 May 2021
NAFEX Signals Official Devaluation of Naira to N410/$
Central Bank of Nigeria (CBN) has devalued the naira to N410.25 to dollar- a move officially confirmed by the adoption of the Nigerian Autonomous Foreign Exchange Rate (NAFEX), also known as the…
- 16 May 2016
Experts Say Naira Devaluation Inevitable
Financial experts have said that the Naira, which came under pressure last week following the partial deregulation of the downstream petroleum sub-sector, has to be devalued, with a flexible foreign…
- 13 Aug 2021
Bank Chiefs Threaten Arrest, Prosecution of Customers Involved in Fraudulent Forex Purchases
The chief executives of deposit money banks in the country have warned customers against using fraudulent methods to get access to foreign exchange (Forex) from banks, saying those caught…
- 15 Oct 2025
E-Payment Transactions Drop 1.21% To N107.56trn in September
The value of transactions through electronic payment (e-payment) channels in the country fell by 1.21 percent, or N1.32 trillion, to N107.56 trillion in September 2025 from N108.88 trillion in the…
- 17 Jun 2019
Analysts Fear Official Tyranny Following FG Tussles with MTN, DAAR, Others
Analysts are warning that, unless transparent due process is observed, the recent wave of enforcement involving Oando, MTN, and DAAR Communication may be construed as official tyranny, according to…
- 3 Apr 2012
O.R. System , Mayakorp Ink Partnership on Credit Risks Management
O.R. System, a software publisher for counterparty risk management, financial analysis and internal rating, announces a new partnership with the Nigerian company Mayakorp Nigeria limited. The…
- 1 Aug 2021
Accelerex Demonstrates Fintech Leadership with Two Awards @ BoICT
One of Nigeria’s foremost financial technology companies, Global Accelerex (Accelerex), has yet again demonstrated its leadership in the financial technology industry by clinching the FinTech…
- 17 Aug 2022
FMDQ Deepens Derivatives Market With “Q-Estimator”
The FMDQ Securities Exchange said it has added a new offering to its universe of innovation with the launch of an automated hedging calculator – “Q-Estimator”. Q-Estimator, according to a statement…
- 15 Dec 2021
Allianz: Volatile Markets, US Lawsuits, ESG Issues and SPACs Create New Risks for Managers
Board members and company executives can be held liable for an increasing range of scenarios. Today’s market volatility, with the increased threat of asset bubbles and inflation, the prospect of a…
- 14 Aug 2024
Airtel CEO, Carl Cruz says Investment, Collaboration are Essential for Telecoms to Keep Enabling Other Industries
Carl Cruz, Chief Executive Officer of Airtel Nigeria, has emphasized the critical importance of creating an investment-friendly environment to sustain the role of the telecoms industry in driving…
- 28 Jan 2016
Economic Uncertainty Looms as CBN Predicts Tough Times
With the International Monetary Fund throwing its weight behind the Central Bank of Nigeria (CBN’s) plan to shift policies supporting foreign exchange restrictions and devaluation, stakeholders raise…
- 18 Jun 2015
Xmn® Boosts Applications for Financial Sector, Others with 10 Solutions
Xmn Technologies Limited, a leading Information Technology firm in Nigeria, has been silently but surely and locally developing software that provides practical solutions for organizations,…
- 12 Sept 2017
IBM, Accenture & Cisco Top 2017 IDC FI FinTech Rankings Enterprise
IDC Financial Insights has announced the 2017 IDC FinTech Rankings and Real Results, the 14th and 3rd annual respectively with IBM, Accenture; Cisco Systems, Inc. occupying the top three enterprise…
- 4 Oct 2023
DataPro Assigns FBNQuest ‘A+’ Rating
Credit rating agency, DataPro, has assigned a rating of ‘A+’ to FBNQuest Asset Management Limited for the year 2023/2024. This was disclosed in the latest rating report from the agency. An ‘A+’…
- 2 Mar 2009
Ohaegbue Calls for Review of Licensing Fee
Emma Ohaegbue managing director, Migfo Express Courier Freight has called for the review of the licensing fee charged by the Courier Regulatory Department, the regulatory body for the…
- 12 Nov 2020
Zedcap Partners Emerges Best Brokerage Service Firm in Nigeria For Second Consecutive Year
Zedcap Partners Limited (ZPL), for the second year in a row has emerged the FMDQ Gold Award winner for the Best Brokerage Service Firm in the country. The 2020 FMDQ Gold Award for Best…
- 14 Feb 2024
Carbon Expands Portfolio Acquires Vella Finance
Carbon has announced its acquisition of Vella Finance, a burgeoning startup with a two-year track record. This strategic manoeuvre by Carbon, orchestrated through its parent company, One Credit…