Latest News
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232Banking & FinanceNigeria’s Banking Crisis: The Role of CBN, Economic Impact and Lessons Learnt
On January 10th, 2024, the Central Bank of Nigeria (CBN) dissolved the boards and management of Union Bank, Keystone Bank, and Polaris...
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713Professional ServiceRisk-Based Auditing for Nigerian Non-Profit Organisations: Enhancing Accountability and Effectiveness
Non-profit organisations (NPOs) play a vital role in Nigeria’s social fabric, addressing critical issues like poverty alleviation, education, healthcare, and environmental protection....
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993OpinionAccounting for VAT in Manufacturing Industry: Cashflow and Compliance Challenges
The manufacturing industry is a vital part of the Nigerian economy. Based on the sectoral distribution of Value Added Tax (VAT) released...
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293Economy & MarketEconomic and Market Report: Week Ended 21-06-2024
Global Economy According to the Office for National Statistics (ONS), headline inflation in the UK slowed by 30bps to 2.0% y/y in...
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264Stock MarketNGX All-Share Index Down 0.18%
During the holiday shortened week, selloff in MTNN (-2.67%w/w), ZENITHBANK (-0.28%w/w), TRANSCOHOT (-9.98%w/w) were the primary drivers of the weak performance of...
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114Economy & MarketSEC Probes Fund Managers’ Exposure to Heritage Bank
The Securities and Exchange Commission (SEC) has said it has commenced an investigation into fund managers’ exposure in Heritage Bank Limited after...
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138Local NewsNigeria’s Public Debt Hits ₦121.7tr
Nigeria’s Total Public Debt stood at N121.67 trillion ($91.46 billion) at the end of March this year. The Debt Management Office (DMO)...
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55Foreign NewsOil Prices Set for Second Week of Gains on Signs Demand Improving
Crude oil futures were little changed on Friday but were set to rise for a second week amid signs of improving demand...
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42Foreign NewsEuropean Stock Futures Steady, Yen Watched Closely
European and US stock futures were steady Friday, while shares in Asia dropped. The yen was in focus following a six-day slump,...
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141Economy & MarketMixed Performance at the Exchange
EQUITIES The Nigerian equities market traded with mixed sentiments, as gains in GTCO (+4.4%) and TRANSCORP (+6.2%) offset the loss in TRANSCOHOT...
