By Fabian Ekeruche, News Agency of Nigeria (NAN) WHEN Sterling One Foundation announced its plans to host the Africa Social Impact […]
RCategory: Finance
Infrastructure Development: Minister seeks specific funding mechanism for FCT
THE FCT Minister, Malam Muhammad Bello, has appealed to the Revenue Mobilization Allocation and Fiscal Commission (RMAFC)
Stakeholders endorse Ecobank Stewardship Pack, School Bundle
THE stakeholders in faith-based organizations and the education sector have endorsed the two new products recently introduced into…
Open Treasury: BUDGIT, CISLAC commend federal government as suspicious payments to personal accounts drop by 94%, call for more sanctions to prevent corruption
ON December 9, 2019, the federal government launched the Open Treasury Portal to increase transparency and accountability…
FIRSTMONIE WALLET launches Valentine’s Day Promo, Gives Customers Free date, Airtime
YOU’VE got Firstmonie Wallet on your phone? Did I hear you say Yes… then, count yourself lucky because your first d…
Academia to partner SEC, NSE to improve capital market education
THE Association of Capital Market Academics of Nigeria (ACMAN) is to partner with the Securities and Exchange Commission (SEC) and…
Kano Executive Council approves fund for vaccination, Football League, others
THE Kano State Executive Council has approved the release of N29. 3million for the 2020/2021 vaccination exercise in pastoral…
Cross River State ordered to repay 6,455,846 USD with interest to ECOWAS bank loan default
THE ECOWAS Court of Justice has ordered the government of Nigeria’s Cross River State, CRSG, to repay the sum of USD6, 455,846 and…
AFC secures $250m capital loan from US Government’s IDF
THE Africa Finance Corporation, AFC, the leading infrastructure solutions provider in Africa, has announced it has successfully secured a US$250 […]
Ex-CBN director commends MPC on MPR retention
Dr Titus Okunrounmu, a former Director, Budgetary Department of Central Bank of Nigeria (CBN), has commended the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN)
Dearth of funds a challenge in property industry — Expert
The Lagos State Chapter, Chairman, Nigerian Institute of Building (NIOB), Mr Adekaja Adekanmbi, on Tuesday said that
Tax expert urges President Buhari to decline assent to revised NHF Bill
A tax expert, Mr Taiwo Oyedele, has urged President Muhammadu Buhari to decline assent to the National Housing Fund (Establishment) Act 2018…
2019: First Bank dispels fears over elections, restates commitment to digitisation
Gbenga Shobo, Deputy Managing Director, First Bank of Nigeria Limited, on Wednesday called on investors …
Stock market investors lose N1.89tn in 2018
Investors in the nation’s stock market lost a whopping N1.89tn last year amid instability in the market. 2018 began …
Businesses lose N1.3bn annually to Apapa gridlock – NECA boss
The perennial traffic logjam in Apapa, home to two major international seaports …
$2.8m airport haul: EFCC alerts CBN Governor as firm, Union Bank kick
The Economic and Financial Crimes Commission (EFCC) has officially alerted …
IGR: Obiano’s aide urges Anambra residents to pay tax
Amaechi Okwuosa, Managing Director, Awka Capital Territory Development Authority, has urged residents to …
Access close to acquiring Diamond Bank
There are indications that Access Bank Group is close to acquiring Diamond Bank Plc, The PUNCH has learnt …
TSA transaction value hit 13.53trn in 2017 – CBN report
The Central Bank of Nigeria, CBN, says the migration of the Federal Government Ministries, Departments and Agencies …
NSE: Index appreciates by 0.34% on Dangote Cement gain
The Nigerian Stock Exchange (NSE) All-Share Index on Tuesday rebounded by 34 per cent following Dangote …
CBN stops forex for fertiliser importation
The Central Bank of Nigeria says no more forex facility for importation and threatens severer …
Sterling bounces after slump led by Brexit vote delay
Sterling bounced off a 20-month low on Tuesday following a move by British Prime Minister Theresa May to …
DMO lists FG’s second N100bn Sukuk on NSE
The Debt Management Office, DMO, has listed a second Federal Government N100bn Ijarah Sukuk on the Nigerian …
Citi Private Bank Issues Outlook 2019
Citi Private Bank releases its key market views and investment themes for 2019 and beyond …
Nigeria’s GDP growth rate rises to 1.81% in third quarter – NBS
The National Bureau of Statistics, NBS, on Monday released the country’s Gross Domestic Product report for …
Ekiti lifts embargo on Ecobank, GTbank, Zenith Bank
Ekiti State Governor, Dr Kayode Fayemi, has lifted the embargo placed on three banks by the immediate past …
Bargain hunting: NSE index appreciates further by 0.79%
Bargain hunting persisted on the Nigerian Stock Exchange (NSE) on Wednesday with the All-Share Index …
Naira gains marginally against dollar at parallel market
The Naira on Tuesday strengthened against the dollar at the parallel market, reversing one week of depreciation …
Stock market weakens, records N581bn loss in November
The nation’s stock market weakened as it recorded a N581bn loss in November. The market capitalisation …
Ecobank Nigeria upgrades core banking application, assures customers of improved services
Patrick Akinwuntan, the managing director of Ecobank Nigeria, has announced that the bank had upgraded its core banking application being part of the bank’s commitment to ensuring customers receive the best service possible.
Experts advocate professionalism in forex trading
Roberto d’Ambrosio, an expert in foreign exchange (FOREX) trading, on Wednesday advocated for …
Naira sells at 364.22 to dollar at investor’ window
The Naira on Tuesday was sold at N364.22 to the dollar at the investors’ window in Lagos, with a turnover of 147 …
RMAFC recovers N268bn from banks, others
The Revenue Mobilisation Allocation and Fiscal Commission, RMAFC, says the various probes it instituted …
Investments in banks decline as stocks tumble
Investment in the banks listed on the Nigerian Stock Exchange declined on Monday as the shares tumbled by 0.9 …
Tax Appeal Tribunal appeals to citizens to approach it for redress on tax issues
The Tax Appeal Tribunal (TAT), sitting in Abuja has appealed to members of the public and tax payers to approach …
Labour cautions FG on issuance of banking licence to telecom operators
Two unions in the banking and financial institutions has advised the Federal Government to fashion out the mode of …