Finance & Economy
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2020 IGR Report: Urgent Need to Bolster States’ IGR
The NBS has published its report on internally generated revenue (IGR) at state level for Q4 ’20. According to the…
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N849.12bn Generated as IGR in H1 2021
The National Bureau of Statistics published the Internally Generated Revenue (IGR) Report at the State level for Half Year (H1)…
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Difference between a Payment Service Banks (PSB) and Deposit Money Banks (DMBs)
The Central Bank of Nigeria issued an approval in principle to two of the nation’s largest telecommunication firms, MTN Nigeria…
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Private sector borrowing hits N33.8 trillion
Nigeria’s credit to the private sector ballooned to another all-time high of N33.8 trillion as of September 2021. This is…
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Nigeria attracts $19.1 billion worth of investments in 9 months of 2021
Nigerian companies attracted investments worth $19.1 billion from local and foreign investors in the first nine months of 2021, surging…
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BOOSTING SMES GROWTH THROUGH FIRSTSME ACCOUNT
First Bank of Nigeria Limited created FirstSME Account to add to its SME product family in support of small and…
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Unity Bank Posts N36.18 Billion Gross Earnings in Nine Months; Records 23% Growth in Profit
Nigerian lender, Unity Bank Plc has declared gross earnings of N36.18Billion for the nine-month period ended September 30, 2021, and…
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FBN Holdings Plc Drops First Registrars, Appoints Meristem Registrars as Replacement
In a move that reflected the resolution of a long-standing legacy issue concerning FBN Registrars, the FBNH Board has taken…
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Plot thickens as FBNH appoints Meristem Registrars as its new registrars
In a move targeted at addressing the controversial shareholding structure at FBNH, the board of directors of FBN Holdings has…
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CBN Flags-off Digital Financial Inclusion for Women, Youth
In its drive to ensure the digital financial inclusion of women and youth across Nigeria, the Central Bank of Nigeria…
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