Financial

Survey: US Companies Contributed N34bn To Nigeria’s Tax Revenue A recent Economic impact survey of United States companies operating in Nigeria has shown that such...

Bankers Aid Money Laundering in Nigeria- Nuhu Ribadu The First Executive Chairman of the Economic and Financial Crimes Commission(EFCC), Mr Nuhu Ribadu has said several...

Forex Market Gets $514m Boost Ahead Of Yuletide • Investors price Naira below N360/$ The Central Bank of Nigeria (CBN) ended foreign exchange (forex) market transactions...

FG, States, LGs Share N532.7 Billion In October The Federal, States and Local Government in October 2017 shared N532.7 billion which shows a decline of...

NSE All-Share Index Gains 1.2% As Equities Market Extends Bullish Run The Nigerian equities market extended its bullish run for the fourth consecutive day this...

Telcos’ N16.4bn Ad Spend, Highest In The Nigerian Advertising Space With N16.4 billion advertising spend, which is the 18 per cent of the total above...

World Bank To Support FG’s Power Sector Recovery Programme With $1bn The World Bank Group and the Federal Government of Nigeria concluded two days of...

Equities Gain N11bn, Pharma-Deko Recorded N6.92m Q3 Loss Equities, on Monday, closed in the green as the Nigerian Stock Exchange market capitalisation appreciated by N11bn. A...

NEITI: Nigeria Earned Zero Revenue From Solid Minerals In Q3 2017 Nigeria earned no revenue into her Federation Account from its solid minerals sector in...

Naira Drops To N307/$ As Official Rate On Monday for the first time on the official inter bank market,The Central Bank of Nigeria (CBN) sold...

Cost Of Funds Fluctuation To Persist As N600bn Hit Interbank The fluctuation of cost of funds in the interbank money market will persist this week...

Lafarge’s N131.65bn Offer To Reduce Foreign Debt, Boosts Profitability LAFARGE Africa Plc has disclosed that the net proceeds from its Rights Issue of N131.65 billion...

Capital Market Scandal: Oando’s Inquiry by SEC Reveals Breach of ISA Act 2007- Investigations As the nation awaits the result of the Administrative Panel of...

14 Banks Incur N368.3bn Bad Loans In 9 months Stakeholders in divergent views over implications By Peter Egwuatu THE trending economic recovery news in the...

NDIC settles Depositors of Failed Banks with N105bn As at the end of September 2017,The sum of N105 billion had been paid to 442, 615...

Bailing Out Banks Costs FG N3trn The Central Bank of Nigeria (CBN) In the last eight years has committed over N3 trillion to bail out...

FG’s Revenue Projection dips 49% To N2.712trn –NEITI The Federal Government plan to enlarge its revenue base suffered a major setback recently as its receipts...

FG, States, LGs Share N4.55tr in 9 Months •            Revenues in first half of 2017 49% lower than budgeted figures •            Total FAAC disbursements N1.757 trillion in 3rd quarter...

Capital import doubles to $4.15bn in Q3 - NBS The capital importation into Nigeria in the third quarter of this year recorded a substantial increase...

Year-to-date Growth Hits 39.6% as Stock Market Rebounds The Nigerian Stock Exchange (NSE) All-Share Index (ASI) rose by 0.68 per cent to close higher at...