The Federation Account Allocation Committee (FAAC), distributed the sum of N696.18 billion to Federal, State, and Local governments in July 2020, from the revenue generated in the month of June. This...
The bulls continued to dominate trading on the nation’s bourse with the market capitalisation appreciating further by N107 billion on Thursday, amid gains by blue chips....
Profit-shifting enterprises cost governments about $500 billion (N190 trillion) in losses annually, according to a United Nations panel of experts. Profit shifting is a corporate tax planning...
President Muhammadu Buhari says there is a compelling need to strengthen international cooperation in the global effort to curtail the menace of Illicit financial flows as...
The Chief Executive Officer, Ecobank Transnational Incorporated (ETI), Ade Ayeyemi has said that African countries must adopt a continent wide approach to business and also focus...
The Central Bank of Nigeria was forced to reduce its monetary policy rate by 100 basis points from 12.5 per cent to 11.5 per cent and...
The Nigerian Equities Market recorded a positive performance as the All-Share Index advanced 31bps to 25,654.90 points following gains in MTNN (+2.4%), DANGSUGAR (+0.8%) and FBNH (+2.0%). Consequently, market capitalisation...
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....