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Business
CBN registers eight cash-in-transit, two currency processing firms
The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, says the bank has registered eight companies to carry out…
Yari warns governors-elect of impending recession
Zamfara
State Governor Abdulaziz Yari has warned of an impending recession by
the mid-2020.
Besides,
Yari pointed out that…
CBN to sanction banks issuing mutilated Naira notes via ATM
The
Central Bank of Nigeria (CBN) has told bank operating in the country
to continue to accept mutilated Naira notes from…
Why international companies shut down operations in Nigeria, Africa –…
Mr Aliyu Ilias, the Executive Director, Save the Consumers Initiative, on Saturday said companies in Nigeria and Africa are…
Dangote Cement records fall in revenue, profit in Q1 2019
Dangote Cement, the flagship company of Africa’s richest man, Mr Aliko Dangote, on Friday, April 26, 2019, released its financial…
Investors oversubscribe Nigeria’s 30-year bond by 400%
On Wednesday, the Debt Management Office (DMO) issued the first 30-year FGN bond, offering N20 billion worth of the note to…
Fidelity Bank delivers double-digit growth in quarterly revenue
Leading tier-two Nigerian lender, Fidelity Bank Plc, has continued to soar higher, posting a double-digit growth in the first…
Reps to investigate CBN, banks, others over stamp duties non-remittance
The
House of Representatives is to constitute an ad hoc investigative
panel over the non-remittance of stamp duty by…
MTN converts to Public Liability Company ahead of listing on NSE
Telecoms
giant MTN Nigeria Communications yesterday took a huge step towards
its listing on the Nigeria Stock Exchange (NSE),…
No need to panic over Nigeria’s N24.39tr debt profile – Finance…
The
Federal Government has said the nation is not in any way near a debt
crisis despite its N24.39 trillion (about $79.44…