KPMG: Monetary Tightening Policy Will Attract More FX Inflows, But Not Enough to Tame...

*FDC: Nigeria’s surging prices to peak, begin moderate decline from second half of 2024 *Suggests VAT should be raised to 10% to fund minimum wage hike *Says Naira undervalued by 26.76% Chigozie Amadi KPMG, a global audit, tax...

FirstBank pledges support for startups, innovators in fintech ecosystem

First Bank of Nigeria Ltd. has pledged support for startups and innovators in the fintech ecosystem by providing relevant data and infrastructure that would enable them to succeed.   FirstBank’s Managing Director/Chief Executive Officer, Dr Adesola...

Nigeria partners Germany signs $500m renewable energy pact and gas export agreement

  The burgeoning economic partnership between the Federal Republic of Nigeria and the Federal Republic of Germany witnessed further expansion and strengthening as two important agreements were signed between Nigerian and German businesses on Tuesday. Speaking...

NASENI invests in staff development

The Executive Vice Chairman/Chief Executive Officer of the National Agency for Science and Engineering Infrastructure, Mr Khalil Halilu, has stated that investing in human capital development and staff motivation is the best way of...

Equity market sheds N623bn amid portfolio rebalancing

Stock market investors lost N623bn last week as fund managers rebalanced their portfolios ahead of the first quarter results. The Nigerian capital market shed 1.08 per cent to 103,437.67 points, while the market capital dipped...

Senate moves to establish Bitumen Development Commission

The Senate, on Thursday, sought the inclusion of Nigeria in the $147bn global bitumen market with the passage for a second reading, a bill seeking the establishment of a Bitumen Development Commission. Senator Jimoh Ibrahim...

Fidelity Bank Reports N124.26bn Profit, Declares N0.60 Final Dividend

Fidelity Bank Plc, has released its 2023 full year Audited Financial Statements, reporting a 131.5 per cent growth in Profit Before Tax to N124.26 billion from N53.7 billion reported in 2022. According to the results,...

Apochi, Others Brainstorm on Using Fintech to Promote Financial Inclusion

Apochi, Others Brainstorm on Using Fintech to Promote Financial Inclusion Chigozie Amadi Issues bothering on  leveraging  on financial technology (Fintech) to promote financial inclusion, enhance the well-being of Nigerians and ensure sustainable economic growth  formed the...

PTML Customs collected N67bn in first quarter, says spokesperson

The Nigeria Customs Service, Port & Terminal Multipurpose Limited Command, has revealed that it collected N66.9bn in revenue for the first quarter of 2024. The Public Relations Officer of the command, Muhammad Yakubu, disclosed this...

‘Nigerians should utilise mortgage financing to tackle housing deficit’

The Manager of Aridan Homes and Properties, Mrs Gift Akande, has urged Nigerians to explore mortgage financing to have the house of their dream and bridge the housing deficit. Akande stated that seeking a mortgage...
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