Finance & Economy
-
Bank CEOs ‘explain’ why they resigned from NESG
The Managing Directors of three commercial banks who resigned from the Nigerian Economic Summit Group (NESG) which include Kennedy Uzoka,…
Read More » -
Buhari orders CBN to suspend forex for food, fertilizer importation
President Muhammadu Buhari on Thursday ordered the Central Bank of Nigeria (CBN) ”not to issue a kobo” of the country’s…
Read More » -
Nigeria’s debt stock Hits N31.1tr – DMO report
Nigeria’s debt public debt hit a total of N31.01trillion at the end of June, the Debt Management Office (DMO) announced…
Read More » -
Banking Sector Records 2.16bn Volume of Transaction in Q2 2020 – NBS
Total volume of 2,160,436,659 transactions valued at N263.78tn were recorded in the first six months of 2020 as data on…
Read More » -
Top 5 Things to Know in the Global Financial Market Today
– Tesla (NASDAQ:TSLA) plummets after stock sale and S&P 500 rejection, and the rest of the Nasdaq is also cooling…
Read More » -
Nigeria’s revenue falls by nearly 60%, says Buhari
President Muhammadu Buhari on Monday said the COVID-19 pandemic has resulted in trying times, not just for the Nigerian people,…
Read More » -
CBN moves against banks, gaming companies over unauthorised FX transfers
The Central Bank of Nigeria (CBN) has moved against some banks through which some gaming companies have been making unauthorised…
Read More » -
H1′ 2020: Fidelity Bank’s profit up 22%, gross earnings hit N105.8bn
Despite the economic challenges occasioned by the COVID-19 pandemic, Fidelity Bank has sustained the financial performance trajectory of recent years,…
Read More » -
Guinness gains on NSE despite N17 billion pre-tax loss
The shares of Guinness Nigeria Plc, the second-largest brewer by market capitalization, closed the trading session for last week on…
Read More » -
FIRS inaugurates new Automatic Exchange Reporting Standard
The Federal Inland Revenue Service, FIRS, has inaugurated a new Automatic Exchange of Information-Common Reporting Standard, AEOI-CRS, system for the…
Read More »