Ecobank Transnational (ETI)’s made a profit of $222 million in 2022 financial year compared with $295 million in 2021. The Group’s profit…
Category:
Finance
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The Lagos bourse closed higher as the benchmark index gained 0.31% to settle at 52,580.86 points. Sustained interests in ZENITHBANK (+2.65%), GTCO (+4.18%)…
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French authorities are seeking to recover 2.5 billion euros ($2.75 billion) in back taxes from several banks over their alleged roles in…
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EconomyFinanceNews
N/Delta 10th National Assembly members to push for upward review of 13% derivation formula
Bayelsa State government has urged members of the incoming 10th National Assembly from the Niger Delta to vigorously agitate for an upward…
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Central Bank of Nigeria has said that the nation had a total foreign exchange inflow of $72.4 billion in 2022. This fact…
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Nigerian equities extended the bullish run as the benchmark index gained 0.36% to settle at 52,419.33 points. Gains in Tier-1 banking names…
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Opening the week, activity on the Lagos bourse ended mixed albeit with a bullish tilt as the benchmark index closed 0.03% higher…
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EconomyFinanceNews
DG SEC, Commissioners ordered to refund N594m vehicle allowances Scam into consolidated revenue fund—Senate
Senate has ordered the Director General Securities and Exchange Commission and other Commissioner in the Commission to refund the sum of N594…
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The Debt Management Office (DMO) says decades of operating budget deficits by successive governments is responsible for Nigeria’s high debt profile. The…
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In the last trading session of the week, the NGX All-Share Index settled 0.10% higher at 52,214.62 points. Renewed interests in Tier 1…
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Access Bank PLC, said it has officially launched its subsidiary in Paris, France. It said that the Bank’s operations will focus on…
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Ghana’s official sector creditors have formed a committee co-chaired by China and France for debt restructurings talks, the Paris Club said on…
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EconomyFinanceNews
AAU Special intervention team unravels N2bn tax fraud, massive transcript, certificate racketeering, others
The Ambrose Alli University (AAU) Special Intervention Team set up by the Edo State Governor, Mr. Godwin Obaseki, to advance the government’s…
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For the second consecutive session, the Lagos bourse extended losses as the benchmark Index closed 0.09% weaker to close at 52,161.24 points. The market’s…
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Central Bank of Nigeria has said that the Bank Verification Number BVN it issue has no time frame. it is a number…