Finance & Economy
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FIRS hits 98% of target as it collects N4.95 trillion for 2020 fiscal YEAR
The Federal Inland Revenue Service (FIRS) has announced that it generated N4,952,243,711,728.37 as tax revenue in the 2020 fiscal year.This…
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Nigeria’s inflation rate hits 15.75% in December 2020, highest in 3 years
Nigeria’s inflation rate increased by 15.75% (year-on-year) in December 2020, the highest rate recorded in 3 years. According to the…
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Understanding Private Equity and Alternative Investments
Although there are a variety of options for raising capital and attracting investors, equity is one of the two…
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FIRSTBANK BEGINS THE YEAR WITH AN INNOVATIVE, CONVENIENT VIRTUAL PAYMENT CARD
First of Bank of Nigeria Limited, Nigeria’s leading financial inclusion services provider has launched the Virtual Payment card, a Naira…
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Q4 2020 – Growth Expectations Remain Gloomy for Nigerian Economy
Report Summary The Macroeconomy Growth expectations for the Nigeria economy remains gloomy.Headline inflation inched up further, on the back of…
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FIRS creates tax audit units to address illicit financial flow
The Federal Inland Revenue Service (FIRS) has created 35 additional Tax Audit Units across the country to address illicit financial…
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FG To Borrow Unclaimed Dividends, Dormant Accts Balances
Despite opposition from stakeholders, the federal government has perfected ways to borrow funds from unclaimed dividends and dormant bank account…
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FCMB appoints Yemisi Edun as Acting Managing Director
FCMB has appointed Yemisi Edun as acting Managing Director, replacing embattled Adam Nuru. The Management and Board of First City…
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Access Bank completes acquisition of Zambian Cavmont Bank Ltd
Access Bank has completed the acquisition of Zambian Cavmont Bank Ltd, in a bid to strengthen its operational base in…
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FCMB Directs MD, Adam Nuru To Go On Leave Pending Determination Of Probe
First City Monument Bank(FCMB) has mandated its Managing Director, Mr. Adam Nuru to proceed on a leave pending the determination…
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