Banking Latest News

CBN Promises Improved Financial Services For Women

Determined to further support women’s productive initiatives in the country, the Central Bank of Nigeria (CBN) today promised to improve access to financial services for women, especially credit through its various intervention programmes. Making the pledge at the CBN 2018 International Women’s Day workshop tagged “Women Inspiring Change”, the apex bank’s Director, Development Finance Department, […]

Picture Speaks

At The Launch of the World Bank’s World Development Report on Education in Abuja Today.

L-R:  Professor Hafiz Abubakar, Deputy Governor, Kano State; Bongiwe Kunene, Executive Director at the Board of the World Bank representing Angola, Nigeria and South Africa; Mallam Adamu Adamu, Minister of Education; Rachid Benmessaoud, Country Director, World Bank Nigeria at the Launch of the World Development Report on Education in Abuja today  

Investments/Capital Market Latest News

Africa’s Equity Capital Market Records 49% Growth In 2016-2017

Indications that African economies are on the path of recovery have emerged with the latest findings showing substantial growths in major segments of the continent’s bourses in 2017 over the preceding year’s performances. The just published 2017 African Capital Markets Watch published by PricewaterHouseCoopers (PwC) reflected that African capital markets recovery in value and volume […]

Banking Latest News

World Bank Launches World Development Report on Education in Nigeria

The World Bank Group and Federal Ministries of Finance and Education today co-launched the World Development Report (WDR) 2018: ‘Learning to Realize Education’s Promise’ at the International Conference Centre (ICC) in Abuja A statement by the World Bank Group by its Nigeria Office on the report indicated that it specifically canvassed greater measurement, action on […]

Latest News Oil & Gas

NNPC Puts Daily Subsidy On Petrol At N774m

The Nigerian National Petroleum Corporation (NNPC) yesterday disclosed that it was spending N774 million daily as subsidy on the 50 million litres of Premium Motor Spirit (PMS) consumption nationwide. The corporation, which described the expenditure as under-recovery, attributed the daily cost to   the proliferation of filling stations in communities located around land and coastal borders. […]

Banking Latest News

Heritage Bank Seeks Commodity Exchange To Boost Agribusiness

Heritage Bank Plc, one of Nigeria’s innovative banking services providers, has intensified its campaign for agribusiness and commerce in the country with its desire to have the bilateral agreement signed by Lagos and Kano States provide for a Commodity Exchange. The two states signed the Memorandum of Understanding (MoU) yesterday at the Lagos-Kano Economic and […]

Economy News Extra Latest News

Nigeria’s Foreign Trade Value Rises By 33.5% In 2017

The National Bureau of Statistics (NBS) has put Nigeria’s total foreign trade value for last year at N23,160.9 billion, representing an increase of 33.5% when compared to the N17,344.9 billion value of  trade recorded in 2016. The Bureau, in its just published ‘Foreign Trade Statistics Report – Q4 2017’, disclosed that the trade value comprised […]

Latest News Taxation

VAIDS: Adeosun Urges Tax Payers To Demand Written Notice From Tax Officials

Apparently concerned about the negative implications of abuses for the current’s efforts to boost the nation’s tax revenue profile, the Federal Government today advised tax payers to demand for written notice whenever tax officials are asking them to pay their tax liabilities. The Minister of Finance, Mrs. Kemi Adeosun, who gave the advice in a […]