FG Makes N13bn From Stamp Duty The total amount of stamp duty collected on deposits in bank accounts across the Deposit Money Banks has yielded N13bn...
Telecommunications contributed N1.6tn to Nigeria’s Gross Domestic Product in the second quarter of the year, the Nigerian Communications Commission said on Thursday. The Executive Vice Chairman...
FG Unveils $200m Bailout for Oil, Gas Firms The Federal Government on Thursday launched a fund with an initial value of $200m to support local oil...
Banks lack oil, gas industry knowledge The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, on Thursday said some Deposit Money Banks in Nigeria lacked...
Mass Housing Construction Begins in 33 States The Federal Government on Thursday announced that it had commenced the construction of mass housing projects in 33 states...
Japanese Firm to Create 30,000 Jobs in Expansion Drive A Japanese designer brand, Miniso, has opened outlets inside the six high-brow shopping malls in Lagos in...
CBN Introduces Two New Non-interest Banking Instruments In a bid to aid liquidity management and deepen the financial system, the Central Bank of Nigeria (CBN) has...
Junk Grades Everywhere in Africa, Yet Bond Yields Don’t Show It Every African nation that sold dollar debt now has at least one junk grade, but...
Afreximbank Seeks to Tap from Investors with $300m Depositary Receipts The African Export-Import Bank (Afreximbank) yesterday announced the launch of its $300million equity offering, using Depositary...
Elumelu Harps on Quality Leadership to Tackle Poverty The Chairman, Heirs Holdings, Mr. Tony Elumelu wednesday stressed the need for an improvement in the quality of...