23.6 C
Nigeria
Sunday, December 17, 2017
Nigeria’s inflation drops to 15.91 % in October – NBS

Nigeria’s inflation up 11.4% in February

Nigeria’s headlines inflation for the month of February has jumped to 11.4% up by 2.6% month-on-month, according to the report just released by the...
Naira extends gain at official forex market, others

Analysts predict further gains for Naira in 2017, weaker in YE18

Some group of financial analysts at Renaissance Capital limited have forecasted a stronger external sector and tighter monetary policy imply the Nigerian currency, Naira...
Visa introduce Mobile Payment Solution to Consumers

Visa introduce Mobile Payment Solution to Consumers

  The global leader in payments, Visa Inc says it is bringing its mobile payments solution, mVisa to Nigeria. The group country manager for Visa West...
FG releases details of Paris club payment to states

FG, states, LGs share N370bn, as federal allocation drops

The Statutory allocation distributed to the three tiers of government from the Federation Account in January stood at N370.388 billion, representing a decrease of...
NSE admits by introduction N6.3bn Fixed Rate Bond of WEMA Funding SPV

Wema Bank earnings up by 6.1% in Q1

  Wema Bank Plc has released its Unaudited first quarter (Q1) 2016 financial results with Gross earnings increasing by 6.1% to ₦11.3 billion compared with...
FILEX maiden awards hold in Lagos May 27

FILEX maiden awards hold in Lagos May 27

All is now set for the maiden edition of the Financial Literacy Excellence Awards, FILEX, under the auspices of one of Nigeria’s foremost Non-Governmental...
CBN injects $210m into Forex market

CBN to allow banks write-off bad loans in 2016

The Central Bank of Nigeria (CBN) is to allow commercial banks write-off their bad loans this year, due to continuous pressure on some of...
Nigeria Banking Sector suffers 28% loss in profit in 2015 – Report

Nigeria Banking Sector suffers 28% loss in profit in 2015 – Report

  Reports have shown that the Nigerian banking sector’s profit declined by 28.4 percent in the 2015 financial year. This revelation is made in the just...
Standard Bank 2016 Investor Conference: Stakeholders pinpoint path to Nigeria’s economic potential

Standard Bank 2016 Investor Conference: Stakeholders pinpoint path to Nigeria’s economic potential

…Atedo Peterside, others canvass support for growth amid Nigeria’s current economic position   The focus of the 2016 Standard Bank West Africa Investors’ Conference which...
Lagos engages 1,200 tax audit professionals, holds audit seminar

Lagos engages 1,200 tax audit professionals, holds audit seminar

  ....retrains 1000 audit staff   In its drive to ensure full maximization of its revenue generating potentials, and to commence tax Audit exercise of 2016 in...