The Chief Executive Officer, Ecobank Transnational Incorporated (ETI), Ade Ayeyemi has said that African countries must adopt a continent wide approach to…
Finance
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The Central Bank of Nigeria was forced to reduce its monetary policy rate by 100 basis points from 12.5 per cent to…
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The Nigerian Equities Market recorded a positive performance as the All-Share Index advanced 31bps to 25,654.90 points following gains in MTNN (+2.4%), DANGSUGAR (+0.8%) and…
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The Petroleum Products Pricing Regulatory Agency (PPPRA) says the Federal Government has spent a total of N8.94 trillion on oil subsidy between…
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The Chartered Institute of Bankers of Nigeria (CIBN) has rated Ecobank Nigeria Academy as one of the best banking training institutes in…
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The Nigerian Stock Market started the week with marginal gain, as buying interest in MTNN (+0.1%), GUARANTY (+0.2%) and UACN (+5.8%) drove a…
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FinanceNews
Innovations, disruptions will continue to define future of banking in Nigeria – Akinwuntan
The Managing Director, Ecobank Nigeria, Patrick Akinwuntan has reiterated that the future of Nigerian banking would continue to be shaped by innovations…
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The U.K. accounting watchdog said it has fined Deloitte £15 million ($19.5 million) and sanctioned two former partners over past audits of…
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Federal Inland Revenue Service (FIRS) says non-oil tax receipts have consistently contributed 75 to 90 per cent of total tax revenue in…
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Sell-offs in ZENITH (-1.8%), DANGSUGAR (-5.9%) and ETI (-2.5%) dragged the benchmark index lower by 7bps to settle at 25,532.74 points. Consequently, market capitalisation fell to…
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EconomyFinanceNews
The global economic recovery will take at least five years, World Bank’s Reinhart says
The global economic recovery from the recession created by the Covid-19 pandemic will probably take at least five years, according to the chief economist…
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Today, the domestic equities market sustained losses on account of profit-taking in WAPCO (-3.7%), UBA (-3.3%) and ZENITH (-1.2%) as the All-Share Index declined…
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The COVID-19 pandemic threatens hard-won gains in health and education over the past decade, especially in the poorest countries, a new World Bank Group analysis finds. Investments in human…
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AgricultureEconomyFinanceNews
CBN urges banks to lift loans to agriculture to 10%, sets to establish infrastructure coy
Nigeria needs to more than double the proportion of bank loans it makes to the agricultural sector to 10% within the next…
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A financial expert, Mr Okechukwu Unegbu, has urged the Central Bank of Nigeria (CBN) to increase support for commercial banks to address…
