The Petroleum Products Pricing Regulatory Agency (PPPRA) says the Federal Government has spent a total of N8.94 trillion on oil subsidy between 2006 and 2015. The...
The Chartered Institute of Bankers of Nigeria (CIBN) has rated Ecobank Nigeria Academy as one of the best banking training institutes in the country. In its...
The Nigerian Stock Market started the week with marginal gain, as buying interest in MTNN (+0.1%), GUARANTY (+0.2%) and UACN (+5.8%) drove a 1bp uptick in the ASI to...
The Managing Director, Ecobank Nigeria, Patrick Akinwuntan has reiterated that the future of Nigerian banking would continue to be shaped by innovations and technology disruptions, stressing...
The U.K. accounting watchdog said it has fined Deloitte £15 million ($19.5 million) and sanctioned two former partners over past audits of British software company Autonomy...
Federal Inland Revenue Service (FIRS) says non-oil tax receipts have consistently contributed 75 to 90 per cent of total tax revenue in recent months. Mr Abdullahi...
Sell-offs in ZENITH (-1.8%), DANGSUGAR (-5.9%) and ETI (-2.5%) dragged the benchmark index lower by 7bps to settle at 25,532.74 points. Consequently, market capitalisation fell to ₦13.3tn as investors lost...
The global economic recovery from the recession created by the Covid-19 pandemic will probably take at least five years, according to the chief economist of the World Bank....
Today, the domestic equities market sustained losses on account of profit-taking in WAPCO (-3.7%), UBA (-3.3%) and ZENITH (-1.2%) as the All-Share Index declined 19bps to settle at...
The COVID-19 pandemic threatens hard-won gains in health and education over the past decade, especially in the poorest countries, a new World Bank Group analysis finds. Investments in human capital—the knowledge, skills, and...
Nigeria needs to more than double the proportion of bank loans it makes to the agricultural sector to 10% within the next four years to boost...
A financial expert, Mr Okechukwu Unegbu, has urged the Central Bank of Nigeria (CBN) to increase support for commercial banks to address the impact of COVID-19...
At the close of trade, the domestic equities market posted a loss as the All-Share Index fell marginally by 3bps to settle at 25,597.96 points due to...
The African Export-Import Bank (Afreximbank) and the International Islamic Trade Finance Corporation (ITFC), have partnered with the African Organisation for Standardisation (ARSO), to launch a new...
The local bourse opened the week on a positive note as the All-Share Index rose 5bps to settle at 25,605.59 points due to bargain hunting in DANGCEM...