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Finance News

What you should know about Self-Certification Forms

Nigerians are already searching for the meaning to the term – Self-Certification Forms – following the Federal Government of Nigeria order to account holders across financial institutions to obtain and fill the forms. Recall that the federal government admitted that the tweets ordering Nigerians holding accounts across financial institutions to complete and submit the forms […]

Finance News

Anti-money laundering solutions market worth $4.5 billion by 2025

Anti-money laundering market size is expected to grow from 2.2 billion to 4.5 billion at a CAGR of 15.6% during the forecast period. Stringent government regulations and compliances regarding AML, the increasing focus of financial institutions on digital payment-related issues and need for a holistic view of data to curb financial crimes are major growth […]

Finance News

Statistics from NBS shows household products’ price increase in August (see graphs)

The National Bureau of Statistics (NBS) has reported that the average price per litre paid by consumers for household kerosene increased by 3.28 per cent month-on-month and by 7.41 per cent year-on-year to N346.53 in August from N335.54 the previous month. Source: National Bureau of Statistics The NBS’ report entitled: “National Household Kerosene Price Watch […]

Finance News

FirstBank’s CEO, Adesola Adeduntan, bags Forbes Best of Africa Award

Nigeria’s leading financial inclusion services provider, First Bank of Nigeria Limited, has announced that its Chief Executive Officer, Dr. Adesola Adeduntan, has been honoured with the Forbes Best of Africa Award.  The award presentation was held on Friday, 11 September 2020 at a virtual event by Forbes in conjunction with the Foreign Investment Network (FIN). […]