The National Economic Council (NEC) says states are owing the Federal Inland Revenue Service (FIRS) N41 billion in Value Added Tax (VAT). Gov. Badaru Abubakar of...
Central Bank of Nigeria has asked banks to submit bids for the Chinese yuan tomorrow, in its second auction of the currency after it agreed a...
The equities market performed bearish at the close of trade today despite our expectations for a rebound. The All Share Index (ASI) fell 1.3 per cent...
Wema Bank Plc, has launched a comprehensive Hospital Management Solution System designed to enhance day-to-day operations of hospitals in Nigeria by digitising core administrative processes and...
The local bourse closed in the red for the 8th consecutive trading session as the All Share Index (ASI) fell 60bps to 35,074.82 points while YTD return...
MTN Nigeria has signed a syndicated facility of N200 billion from a consortium of twelve Nigerian banks. The facility is meant to fortify MTN’s network and...
Chief Audu Ogbeh, Minister of Agriculture and Rural Development, has appealed to commercial banks to reduce their lending rates to farmers to spur the development of...
The Central Bank of Nigeria (CBN) has sustained its intervention in the inter-bank foreign exchange market by injecting yet another sum of $210,000,000 into various sums...
The lNigerian Stock Market maintained a downward trend as sell-offs in ACCESS (-3.0%), FLOURMILL (-11.4%) and GUARANTY (-0.5%) weighed heavily on performance at the close of...
Debt Management Office has said that the Nigeria’s total public debt as at March 31, 2018 stood at N22.71 Trillion or USD74.28 billion. This represents an...
Edo State Governor, Mr. Godwin Obaseki, has said that the deepening of partnership with the World Bank in agricultural development would usher the state into a...
Turkey has vowed to take measures later today to calm market fears sparked by the precipitous plunge in the lira’s value as its president accused Washington...
As envisaged, the bears maintained a firm grip in today’s trading session as the All Share Index (ASI) declined 13bps to settle at 35,399.28 points while...
Federal Mortgage Bank of Nigeria (FMBN) Board has approved the implementation of the ‘Rent-To-Own’ pilot housing scheme to begin with 3000 houses nationwide. A statement signed...
In a determined and significant bid to further enlarge its financial inclusion agenda for all Nigerians regardless of social class and economic status, the federal government...