Economic Confidential

SEC Urges Corporates to Leverage on Islamic Capital Market

SEC Urges Corporates to Leverage on Islamic Capital Market As part of its developmental role, the Securities and Exchange Commission has assured that it will continue to encourage corporates to leverage on the Islamic Capital Market by providing and ensuring...

CBN Plans to Cut Wheat Importation by 60% in Two Years

CBN Plans to Cut Wheat Importation by 60% in Two Years The Central Bank of Nigeria (CBN) yesterday flagged-off the first ever rain-fed wheat programme in the country, which aims to slash the importation of the commodity by 60 per...

Breaking: Revenue Formula: FG Proposes 50.65%, 25.62%, 23.73% for FG, States and LGs

Breaking: Revenue Formula: FG Proposes 50.65%, 25.62%, 23.73% for FG, States and LGs The Federal Government has proposed a revenue allocation formula of  50.65%; 25.62 %; and 23.73% for Federal States and Local Governments in the country with a derivation Allocation...

Jaiz Bank Reports N3.3bn PBT In Q3

Jaiz Bank Reports N3.3bn PBT In Q3 Jaiz Bank Plc, the Premier Non-Interest Bank in Nigeria has released its financial results for the third quarter ended 30 September 2021. The results as released to the Nigerian Exchange Group, showed a...

DBN, FC4S, NCIC in Synergy to Finance Green SMEs Projects

DBN, FC4S, NCIC in Synergy to Finance Green SMEs Projects As part of efforts to consolidate the  global initiative on climate change and environmental sustainability, the Development Bank of Nigeria (DBN) Plc, Financial Centre for Sustainability Lagos (FC4S Lagos) and...

Unethical Conduct: SEC Intensifies Monitoring and Surveillance

Unethical Conduct: SEC Intensifies Monitoring and Surveillance In a bid to curb poor market conduct, the Securities and Exchange Commission has resolved to intensify monitoring and surveillance of the market and has vowed to apply stiff sanctions to any operator...
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