Latest News
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213Banking & FinanceLagos, Rivers lead States in ₦18b Bank Fraud Loss
The Nigeria Inter-Bank Settlement System has revealed that Lagos, Rivers States and the Federal Capital Territory led the financial fraud count in...
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85Stock MarketStock Market Kicks Off Bearish
EQUITIES The domestic stock market kicked off on a bearish note as sell pressures on GTCO (-7.9%), DANGSUGAR (-10.0%), SEPLAT (-2.3%) and...
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110Money MarketVolatility: ABCON to Operate Unified Retail FX Operations
To checkmate FX volatility, the Association of Bureaux De Change Operators of Nigeria (ABCON) has revealed that it is working on establishing a...
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206Industry & MoneyCredit to Manufacturing Sector up 39% to ₦7.73tr
In spite of numerous challenges confronted by manufacturers in Nigeria, the manufacturing sector’s borrowings from the nation’s banking sector rose by N2.17 trillion...
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139UncategorizedNCC Urges Telcos to Share Infrastructure for Better Service, Lower Costs
The Nigerian Communications Commission (NCC) has urged telecom companies in Nigeria to work together and share infrastructure. This collaboration aims to reduce costs...
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82Industry & MoneyFG Plans $10b Diaspora Investment fund
The federal government has announced plans to set up a $10 billion diaspora fund to attract investment from citizens living abroad. Minister...
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59.4KOpinionWhy Nigerian Taxpayers Suffer Low Tax Morale
INTERVIEW –Victor Athe, Partner, Tax Services, Stransact Chartered Accountants discusses in an interview with The Vanguard newspaper why Nigerians are feeling overburdened...
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965Economy & MarketFirst Positive Net Offshore Flows in 10 Months: Is CBN Pulling its Weight?
This week, we focus on the NGX Domestic & Foreign Portfolio Participation report for the month of March. For context, the report...
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952Opinion‘No Short Cut to Naira Appreciation’
A Nigerian senator, Ned Nwoko, has advised the Federal Government and the Central Bank of Nigeria (CBN) against any measures that capable...
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124Economy & MarketEconomic and Market Report: Week Ended 26-04-2024
Global Economy Preliminary estimates from the United States (US) Bureau of Economic Analysis show that the US economy expanded by 1.6% q/q...
