Oando Gave False Financial Statements, Dividend – SEC The apex regulator of the Nigerian capital market, Securities and Exchange Commission, said there were misstatements in Oando...
FG Urged to Prioritise Capital Expenditure For Nigeria to realise opportunities that come with improved infrastructure spending, the federal government has been advised to prioritise capital...
$5.5b Eurobond: Govt Eyes December Deadline The Federal Government will, through the Debt Management Office (DMO), raise $5.5 billion from Eurobonds sales latest by December. This...
Naira Scarcity Hits Interbank Market as Overnight Lending Rises to 120% There was naira scarcity on the interbank market Tuesday, leading the overnight tenor of the...
‘Federal Agencies Fail to Remit N1.695tr’ The Senate ad-hoc committee probing misuse and under remittance of Internally Generated Revenue (IGR) has uncovered over N1.695 trillion unremitted...
FG Raises N6.69bn through Savings Bond In pursuit of the federal government’s objective of financial inclusion by attracting retail investors into the bond market, the government...
CBN Pumps $195m into Forex Market The Central Bank of Nigeria (CBN) on Monday injected the sum of $195 million into the interbank foreign exchange (forex)...
Elumelu Outlines Roles of MFBs, SMEs in Economic Growth The Chairman, Heirs Holding, Mr. Tony Elumelu, says microfinance banks and small businesses are crucial to economic...
Tier-1 Banks Grow Market Dominance The gap between the tier 1 and the tier 2 banks in terms of market share has continued to widen, according...
Transcorp’s Q3 Profit Rose by 158% Transnational Corporation of Nigeria Plc has reported a 158 per cent growth in profit for the third quarter ended September...
