Latest News
-
150Business NewsFG’s Interest Servicing on Debt to Gulp 36% of Revenue in 2024 –Moody’s
Moody’s, a Global rating agency, has stated that Nigeria’s interest spending on debt might consume up to 36% of the federal government’s...
-
155Local NewsNNPC Shifts $700m Gas Pipeline Delivery Date to August
The completion date for the $700m Obiafu-Obrikom-Oben gas pipeline project, popularly called OB3, has been shifted from March 2024 to August, as...
-
850Professional ServiceTax Incentive and Private Equity Growth: The Nigerian Outlook
Private equity is ownership or interest in entities that aren’t publicly listed or traded. A source of investment capital, private equity comes...
-
348Banking & 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...
-
736Professional 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....
-
1.0KOpinionAccounting 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...
-
316Economy & 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...
-
290Stock 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...
-
132Economy & 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...
-
183Local 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)...
