Category: Business

UBA grows profit by 24% ,first quarter 2021

  The first quarter of this year has been of tremendous growth for Pan African financial institution, United Bank for Africa (UBA) Plc as its unaudited results...

FG

FG recorded N485.51bn fiscal deficit in January – CBN

  The Federal Government recorded N485.51bn fiscal deficit in January, statistics obtained from the Central Bank of Nigeria have shown. According to the monthly...

SEC reminds CMOs on KYC update

Capital Market Operators have been reminded of the Securities and Exchange Commission’s directives on update of investors’ Know Your Customer information which it...

CBN to place sugar, wheat on FX restriction list

  The Central Bank of Nigeria is set to place forex restriction on selected commodities including sugar and wheat. CBN Governor, Godwin Emefiele, stated this on...

lagos

IGR: Lagos leads, others follow

…Generates  N418.99bn in 2020 Lagos State has maintained its number one position in Internally Gnerates Revenue,IGR, by leading other states of the federation,...

Caveat

Power Minister apologises over outages

The Minister of Power, Mr Sale Mamman, has apologised to Nigerians over the current power outages experienced across many parts of the country. Mr Aaron Airtimas, Senior...

Ogun state

Ogun inaugurates scheme officers for effective land management

The Ogun State Bureau of Lands and Survey has inaugurated Scheme Officers to assist the Bureau in carrying out land administration review process for effective...

Nigeria records highest inflation Rate in four years-NBS

  Nigeria’s inflation rate has continued to rise as the Consumer Price Index (CPI) which measures inflation increased to 18.17 per cent (year-on-year) in March....

SEC to engage Fintech players

…. To sanction operators frustrating e-dividend The Securities and Exchange Commission has stated that it will continue to engage players in the Fintech space and...

FG

Federal Mortgage Bank: FG inaugurates committee to reposition it

The Federal Government’s efforts to reform the Federal Mortgage Bank of Nigeria (FMBN) for optimum performance received a boost on Wednesday, April 14, 2021 with the...