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SepThe World Bank Group has warned the Central Bank of Nigeria (CBN), and other central banks across the world on the possibility of global economic recession, following simultaneous hike of interest rates. In a report tilted: Risk of Global Recession in 2023 Rises Amid Simultaneous Rate Hikes, World Bank Group President David Malpass, said that central banks’ […]
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SepThe Commissioner for Insurance, Mr. Olorundare Sunday Thomas has frowned at the records and statistics of unpaid claims associated with some insurance companies. Speaking at the 2022 Edition of the Chartered Insurance Institute of Nigeria’s Professional Forum, held in Abeokuta, Ogun State, Mr Sunday said the Commission is doing all it could within the ambit of[…]
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SepThe Federal Government of Nigeria has urged the Nigerian finance industry to take advantage of the opportunities in the African Continental Free Trade Area. The African free trade will create $3.4 trillion opportunity and deepen the financial technology space for the industry. According to Finance Minister, Zainab Ahmed, an expanding infrastructure and a growing financial technology were[…]
