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Business

FG Nets N3.7tr Against CBN In Five Year Operations

FG Nets N3.7tr Against CBN In Five Year Operations   The Federal Government emerged the highest claimant against the Central Bank of Nigeria (CBN), in a two-way financial activity in…

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Business

Oando Shareholders Berate SEC Over AGM Suspension

Oando Shareholders Berate SEC Over AGM Suspension   Shareholders of Oando Plc Tuesday slammed the Securities and Exchange Commission, SEC, over the suspension of the company’s 2018 Annual General Meeting,…

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Business

Foreign Trade Volume Hits N8.24 trn In Q1, 2019 – NBS

Foreign Trade Volume Hits N8.24 trn In Q1, 2019 – NBS   The National Bureau of Statistics (NBS), said the country recorded a total trade volume of 8.24 trillion in…

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Business

Disputed Debt: Honeywell Is Not Indebted To Ecobank, Says Court

Disputed Debt: Honeywell Is Not Indebted To Ecobank, Says Court •We Are Appealing The Judgment -Ecobank A Federal High Court sitting  in Lagos Friday, held  that Honeywell Flour Mills Plc…

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Business

Naira Exchanges At N359.4 To Dollar At Parallel Market

Naira Exchanges At N359.4 To Dollar At Parallel Market   The naira on Tuesday traded at N359.04 to the dollar at the parallel market in Lagos.  The Pound Sterling and…

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Business

MTN Confirms EFCC Investigation Over Listing On NSE

  MTN Confirms EFCC Investigation Over Listing On NSE MTN Nigeria Communications Plc on Saturday said that it was being investigated by the Economic and Financial Crimes Commission (EFCC) over…

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Business

FAAC Shares N616.198bn To Federal, States, LGs

FAAC Shares N616.198bn To Federal, States, LGs   The Federation Accounts Allocation Committee, FAAC, has shared a total of N616.198 billion to the three tiers of government from the federation…

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Business

FIRS Posts N1.5tn Revenue In Q1 Of 2019- Fowler

FIRS Posts N1.5tn Revenue In Q1 Of 2019- Fowler   The Federal Inland Revenue Service ((FIRS) generated N1.5 trillion revenue in the first quarter (Q1) of 2019, according to its…

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Business

SEC Warns Nigerians Against Trending Ponzi Scheme

SEC Warns Nigerians Against Trending Ponzi Scheme   The Securities and Exchange Commission (SEC) has warned Nigerians against fraudsters currently running an online investment scheme tagged “Loom Money Nigeria’’. Acting…

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Business

Access Bank Targets 100,000 Subscribers With Xclusiveplus

Access Bank Targets 100,000 Subscribers With Xclusiveplus   Access Bank Plc has revealed plans to increase the subscriber base of its XclusivePlus, a lifestyle proposition designed to provide clients with…

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Business

Nigeria, S-Africa Dragging Sub-Saharan Africa’s Economy Down – IMF

Nigeria, S-Africa Dragging Sub-Saharan Africa’s Economy Down – IMF   The International Monetary Fund, IMF, has said Nigeria and South Africa will continue to draw back the economic growth of…

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Business

Fidelity Bank Grows Profit By 34% In Q1’19

Fidelity Bank Grows Profit By 34% In Q1’19   Fidelity Bank Plc’s profit before tax rose 34 percent to N6.7 billion in the first quarter ending March 2019 (Q1’19). Shareholders…

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