Latest News
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183Banking & FinanceIslamic Financing Rises to $3.8b, Says NAICOM Chief
The Islamic financing in the country has grown to about three per cent of the country’s total financial market with an estimated...
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85Local NewsAdelabu Urges ICRC to Vet Financial, Technical Capabilities of Investors in Power Sector
The Minister of Power, Adebayo Adelabu, has charged the Infrastructure Concession Regulatory Commission (ICRC) to show more interest in the financial and...
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222Stock MarketBanking Stocks Lead Rebounds as ASI Up 0.2%
EQUITIES The local bourse ended today’s session higher underpinned by gains in UBA (+3.5%) and ZENITHBANK (+2.4%). As a result, the All-Share index...
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197Professional ServiceFG Releases 25% of Budgeted ₦88b for Pension Arrears
The Federal Government has released about 25 per cent of the total amount budgeted for pension arrears this year. However, it has...
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262Banking & Finance
CBN Launches Initiatives to Drive Financial Inclusion
The Central Bank of Nigeria has officially launched three initiatives to drive financial inclusion in the country. The initiatives were launched at...
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156Business News16 Major Firms Incur Loss of ₦792b –MAN
The Manufacturers Association of Nigeria, MAN, yesterday said that 16 major manufacturing firms incurred cumulative losses amounting to N792 billion between 2023 and...
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218Banking & FinanceTax Panel Proposes Relief for Loss-making Firms
The Chairman of the Presidential Fiscal Policy and Tax Reform Committee, Taiwo Oyedele, has revealed that the panel has proposed tax relief...
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122Economy & MarketFirms’ Confidence in Economy Falls 3.2 Index Points –CBN
Businesses have expressed less confidence in the economy with the Overall Confidence Index as the next three months fell by 3.2 index points to...
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164Business News‘Total External Trade Rose to ₦6.9tr in Q2’
Vice President Kashim Shettima has stated that trade facilitation programmes implemented by the current administration increased the country’s trade balance to N6.5tn...
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136Local NewsHouseholds Expect Further Increase in Prices of Rent, Medical Services
Households have projected a further rise in the prices of rents, medical services among others things while expressing pessimism in their outlook for...
