Heirs Insurance Travel Festival: Envoys

Heirs Insurance Travel Festival: Envoys

By Taiye Olayemi Diplomats and travel experts have urged African nations to strengthen bilateral agreements and simplify visa rules to support seamless movement across the continent. They made the call at the maiden Heirs Insurance Travel Festival held in Lagos on...
Nigeria moves to T+2 settlement cycle

Nigeria moves to T+2 settlement cycle

By Taiye Olayemi Nigeria has formally shifted from a T+3 to a T+2 settlement cycle, marking a significant advance in the ongoing modernisation of its capital market. The News Agency of Nigeria reports that T+2 settlement means securities and funds from trades will now...
Economists hail CBN’s decision to retain MPR at 27%

Economists hail CBN’s decision to retain MPR at 27%

By Taiye Olayemi Some economists have welcomed the Central Bank of Nigeria’s decision to retain the Monetary Policy Rate at 27 per cent. They spoke in separate interviews on Thursday with the News Agency of Nigeria (NAN), describing the move as timely and prudent. NAN...