Truth Is Treasure
From Udo Onyeka, Lagos Zenith Bank Plc, is impressed by its audited results for the half year ended June 30, 2019, which showed positive growth across key financial metrics. This significant growth has further reaffirmed the bank’s position as one of the leading financial institutions in Africa. As a testament to its commitment to
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NSE All Share Index (ASI) at the Nigerian Stock Exchange(NSE), plunged by 0.21% despite the Exchange recording 27 gainers as against 10 losers at the close of business. The decline in the index was mainly due to renewed profit taking activity on shares of MTNN which shed 4.4%. Investors
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By Udo Onyeka Bureaux de Change (BDC) operators under the Association of Bureaux De Change Operators of Nigeria (ABCON) are preparing for the annual evaluation of the Financial Action Task Force (FATF) team visiting the country soon. Speaking to financial journalists ahead of the FATF visit to Nigeria, ABCON President, Alhaji (Dr.) Aminu Gwadabe, said BDCs
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From Mohammed Muktar Umar Bauchi Fidelity Bank Plc has rewarded its customers in the North-East with N26, 550, 000. 00 as a way of boosting their businesses.The North-East Retail Sales Coordinator of the Bank, Ben Rawlings Mmam, disclosed this in an interview with newsmen in Bauchi at the weekend.He
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Says FIRS Boss Not Under Probe By Mathew Dadiya, Abuja The Presidency, Monday, raised the alarm that Nigeria May be heading for a fiscal crisis if urgent steps were not taken to halt the negative trends in target setting and target realisation in tax revenue. Presidential spokesman, Garba Shehu while reacting to
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By Dele Ogunyemi, Ibadan A former cashier officer with Fidelity Bank, Ado branch of Ado Ekiti, Michael Adedayo Ihinolurinjon, has been jailed for 10 years for stealing the bank's depositors money. Justice Abiodun Adesodun of the Ekiti State High Court, convicted and sentenced Ihinolurinjon to ten years in prison for stealing
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By Mathew Dadiya, Abuja The Presidency has ordered the Chairman of Federal Inland Revenue Service (FIRS) Babatunde Fowler, to come and explain today Monday, August 19, why there has been a continuous decrease in tax revenue collection in the last four years. Chief of Staff to the President Abba Kyari had
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Access Bank has introduced a financing scheme for procurement of phones for more Nigerians to get connected to more businesses online and deepen financial inclusion. Victor Etuokwu, Executive Director, Retail Banking, said in a statement on Wednesday in Lagos that the loan would provide more Nigerians with access to credit
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The Nigeria Employers’ Consultative Association (NECA) on Wednesday, warned that there would be unprecedented smuggling of food products because of President Muhammadu Buhari’s directive to the CBN to withdraw foreign exchange for food importation. The Director-General of NECA, Mr Timothy Olawale, while reacting to the directive, told reporters in Lagos that
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By Tony Obiechina, Abuja The Securities and Exchange Commission, SEC has restated its determination to ensure that investors in the Capital market are adequately protected in all transactions. Acting Director General of the SEC, Ms. Mary Uduk stated this during a meeting with the Association of Corporate Trustees in Abuja, Wednesday. Uduk,
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