Oando Reports N28.8bn PAT for 2018 Oando Plc has declared a profit after tax of N28.8 billion for the 2018 financial year. The indigenous energy group...
AfDB Approves Investment in Growth Fund The African Development Bank (AfDB) has approved a $20 million equity investment in Uhuru Growth Fund 1, a first-generation fund...
NIBBS, Banks to Reduce e-transaction Time The Nigeria Inter-Bank Settlement System says the banking industry has taken measures to ensure efficiency in the electronic payment system...
Stock Investors Lost N158bn in March, Market Slumps by N48bn Investors in the Nigerian stock market lost N158bn in March amid persistent bearish sentiments. The market,...
14 Banks to Pay N103bn in Taxes for 2018 The fourteen commercial banks listed on the Nigerian Stock Exchange will pay a total of N103 billion...
Nigeria’s Instant Electronic Payment Hits 1.34 Million Bank customers carried out over one million transactions on Nigeria Interbank Settlement System Instant Pay platform recorded on Sunday,...
Investors Oversubscribe For March FGN Bonds Despite Lower Rate Investors oversubscribed for the Federal Government Bonds offered for March 2019 by N140 billion, according to the...
Interest Rate Cut Threatens Foreign Portfolio Investments – Analysts Analysts have said the reduction of the Monetary Policy Rate, also known as benchmark interest rate, may...
Travelex, ABCON Partner to Access $20bn Diaspora Remittances Travelex Nigeria and the Association of Bureaux De Change Operators of Nigeria have agreed to enter into strategic...
Fintech: Central Bank to Adjust Payment Service Vision 2020 The continuous rise in electronic payment service and improved technology in the financial sector has compelled the...
