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Tuesday, January 31, 2023

Stakeholders Urge Firms to List Shares on NSE

Some stakeholders in the Nigerian capital market, who spoke at a forum, have said companies derive many benefits by listing on the Nigerian Stock...

Weak Corporate Governance Discourages Banks —Skye Bank Boss

Weak corporate governance among indigenous oil companies discourages banks from lending to them, as many companies have dominant individuals as promoters. The Group Managing Director/Chief...

Remittances: Experts Call for Transparency

Following the estimates from the World Bank that puts offshore remittances to Nigeria at N3.3 trillion, experts have called for more transparency from local...

Banks Foreign Asset Rises to N9.3 Trillion —CBN

Economic report by the Central Bank of Nigeria (CBN) shows that foreign assets of banks rose by by 2.2 per cent to N9.3 trillion...

Capital Operators Plan to Achieve Common Market Position

Leading capital operators have been engaging in intense consultation and harmonisation of divergent views with the intent of achieving a common market position that...

Banks Unveil Plans to Raise Funds

Four leading banks in Nigeria, Sterling Bank, Diamond Bank, Wema Bank and Stanbic IBTC Holding Company, have unveiled plans to raise fresh funds to...

AMCON’s Intervention Leads to Growth in Bank Profit

The immediate past Chairman, Guaranty Trust Bank Plc, Mr Oluwole Oduyemi, said the growth in profits and earnings recorded by banks could be directly...

CBN Relaxes Rigidity on Banking Policies

The Central Bank of Nigeria (CBN) may leverage on the full adoption of the International Financial reporting Standard (IFRS) by all the banks, to relax...

Reps Call CBN Renovation Expenditure Extravagant

Chairman of the Public Accounts Committee of the House of Representatives, Mr. Solomon Olamilekan, has queried several expenditure incurred by the Central Bank of...

Why Banks Are Yet to Attained PCI DSS Compliance -Microsoft

Part of the reason many financial institutions in the country have not yet attained PCI DSS compliance is because of challenges inherent in it...

World Bank Recruits Senior Operations Officer ( Regional Integration )

Job Position: Senior Operations Officer ( Regional Integration ) Location: Abuja, Nigeria Job ID: 131134 Duties and Accountabilities The first priority of this task is to provide proactive...

FBN Holdings Records 29% Growth in Q1

First Bank of Nigeria has reported 29 per cent growth in profit for the first quarter(Q1) ended of year 2013. The results made available to...

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