Finance & Economy
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HEATED CONTROVERSY OVER INFLATION
Most governments now accept that low inflation is essential for sustainable growth, and not, as was once thought , an…
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It is Sheer Waste of Nation’s Resources to Redesign Naira Notes – LCCI
The Central Bank of Nigeria (CBN) has announced plans to redesign, produce and circulate new local legal tender. The Naira…
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FIRST BANK OF NIGERIA LIMITED PARTNERS CFA SOCIETY NIGERIA TO HOST ITS ANNUAL FLAGSHIP EVENT, THE UNIVERSITIES ETHICS CHALLENGE 
First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider has announced its partnership with CFA Society…
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Naira Plunges to a Record Low of N785 After CBN Announces Plans to Replace Higher Naira Notes
The naira plunged to record lows against the US Dollar on Friday, 48 hours after the central bank announced plans…
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FAAC shares N760.2 billion to FG, States, LGAs in September
The Nigerian Government disclosed that the Federation Account Allocation Committee (FAAC) allocated the sum of N760.235 billion to the Federal Government, states…
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Fidelity Bank Plc Reports N34.96bn PAT in Q3 2022 Unaudited Results
Key Highlights Revenue grew by 38.7% from N174.35bn to N241.89bn.Profit before tax stood at N37.79bnProfit after tax stood at N34.96bnShare…
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FBN Holdings Plc Declares N91.29bn PAT in Q3 2023 Results
Key Highlights Interest Income grew by 42.4% from N260.12bn to N370.36bn.Profit before tax stood at N105.49bnProfit after tax stood at…
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CBN’s Currency Redesign and The Cobra Effect
The Central Bank of Nigeria (CBN) announced that new designs of stashedN100, N200, N500, and N1,000 banknotes would be…
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Nigeria Changes 50% of Currency Denominations
The Central Bank of Nigeria has announced a programme for the change of & design of four of the eight…
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Investors Lose N127.78bn as NGXASI Declines by 0.52%
Nigerian Equities Market closed negative as the key market indicator declined by 234.60bps amid positive market breadth The NGX All-Share…
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