Visa to Boost Cross-border Payments Visa has announced the commercial launch of the Visa B2B Connect network. It is expected to give financial institutions the ability...
Banks’ Capital Adequacy Ratio Rises to 15.60% The Capital Adequacy Ratio (CAR) of commercial banks improved from the 15.14 per cent it was as of February...
Gratuities Are Tax Exempted, Says Tax Tribunal The Tax Appeal Tribunal, South East Zone, has said that gratuities are tax exempted under the Personal Income Tax...
TSA Director Accuses MDAs of Operating Illegal Accounts The Director, Treasury Single Account, Sylva Abor, has said that some Federal Ministries, Departments and Agencies are still...
Julius Berger Posts 142.4% Profit For 2018 Julius Berger Nigeria Plc more than doubled its profit in 2018, according to the report released during the company’s...
Lafarge Africa Rises to Three Week High The stock price of Lafarge Africa rose to a three-week high on Thursday after the company announced plans to...
CBN Forex Intervention Hits $42.3bn in One Year Between April 2018 and March this year, the Central Bank of Nigeria injected over $42.3bn into the foreign...
Nigeria Saves N273bn in Two Years Through Integrated Payroll System Efforts to curb leakages and ensure transparency across all government parastatals have started yielding results following...
Derivatives’ll Enhance Capital Market Liquidity ― SEC The acting Director-General, Securities and Exchange Commission, Ms Mary Uduk, has identified derivatives as one of the investable products...
CBN, Others Urged to Reposition Power The Central Bank of Nigeria (CBN), Deposit Monetary Banks (DMBs) and other financial institutions should collaborate with a view to...
