fbpx
Thursday, December 8, 2022

Operators Foresee Entry Of Foreign Investors on Further Naira Devaluation

Nigerian capital market operators have said the devaluation of naira will bring in new and existing foreign investors back to the Nigerian Stock Exchange...

TSA, Zero-CoT To Chop Deposit Banks’ Revenues By 20%

Nigerian banks are grappling with an estimated 20 per cent reduction in their revenues following implementation of the Treasury Single Account (TSA) as well as...

“Nigeria Faces Dismal Economic Growth Prospect” – KPMG

A survey by Multinational audit firm, KPMG has shown that Nigeria’s economy faces low economic growth prospect, a survey by According to the report, a group...

NDIC Remits N15.4billion into Consolidated Revenue Fund

The Nigeria Deposit Insurance Corporation, NDIC, remitted a total of N15.4 billion to the Consolidated Revenue Fund between 2007 and 2014. The Fiscal Responsibility Commission (FRC),...

“Deposit Banks Will Not Profit from N50 Stamp Duty”- Skye Bank MD

The Group Managing Director/Chief Executive Officer of Skye Bank Plc, Timothy Oguntayo, has stated that deposit money banks (DMBs) are not expected to make...

“Lift Forex Restriction on 41 Items” – LCCI Urges CBN

The Lagos Chamber of Commerce and Industry, LCCI, has urged the Central Bank of Nigeria, CBN, to lift the foreign exchange restrictions it placed...

“87 Delisted Broking Houses Not Registered With NCRIB” – Council

The Nigerian Council of Registered Insurance Brokers, NCRIB, has said of the 108 broking firms delisted by the regulatory body, the National Insurance Commission,...

Turnover on Fixed Income Market Plunges by N2.7trillion in December

Total turnover posted in the fixed income and currency market declined by N2.66 trillion in December to settle at N7.42 trillion, reflecting the dwindling...

Nigeria To Earn N3trillion Yearly from Maritime Security Agency

The Director- General of the planned Maritime Security Agency, Jacob Ovweghre, last weekend, bemoaned the huge amount Nigeria loses daily to pipeline vandalism and...

FG Ends Kerosene Subsidy, Hikes Price to N83 Per Litre

The Federal Government over the weekend increased the price of Household Kerosene (HHK) to N83 per litre from N50 per litre, thereby, officially ending...

John Holt Records N1.63billion Operating Profit

  John Holt Nigeria Plc recorded an operating profit of N1.63 billion for the year ended September 30 2015, an 18.50 percent reduction from N2...

Nigeria May Miss Out of $100trillion Digitization Dividend

  Indications have emerged that Nigeria may miss out of the $100trillion booming digitilization if government and the organized private sector fail to collaborate to evolve policy...

Popular

spot_imgspot_img