CATEGORY
Economy
Banks’ Total Assets Rise 11.2% to N42tn
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The total assets of banks rose by 11.2 percent to N42.2tn as at the end of February 2020.
This was disclosed by a member of...
How N3.6 trillion stimulus package could save 5.3 million Nigerian lives
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How N3.6 trillion stimulus package could save 5.3 million Nigerian lives
While it is clear that the government risked creating an unimaginable havoc on the...
Nigeria escapes full impact of Covid as Q1 GDP up 1.87%
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Nigeria’s first quarter (Q1) GDP rose by 1.87 percent compared to 2.55 percent growth recorded in the fourth quarter (Q4) of 2019.
Services and the...
Core inflation gathers momentum amid supply disruptions
According to the National Bureau of Statistic (NBS), headline inflation rose for the 9th consecutive month to 12.34 percent YoY (1.02% MoM) in April...
What you need to get BTA, PTA dollars from Stanbic IBTC Bank
If you are travelling or making payment for school fees soon, here are the items you need to get dollars from one of Nigeria’s...
Lagos slashes 2020 budget by 21% as COVID-19 takes toll
Lagos State Executive Council has approved a downward review of the state’s 2020 budget by 21 percent to help mitigate the economic and social...
Dangote Cements Huge Pan African loss masks strong domestic numbers
Dangote Cement Plc reported a combined profit after tax (PAT) of N60.6 billion (0.6% YoY) in its Q1’20 unaudited results. Despite a robust performance...
Covid – 19: FIRS extends AEOI-CRS Reporting Deadline for financial institutions
On Tuesday, 19 May 2020, the FIRS issued a Public Notice announcing extension of the deadline for Financial Institutions to file their annual returns...
Eid-al-Fitr: FG declares May 25, 26 Public Holidays
The Federal Government has declared Monday 25 and Tuesday 26 May, 2020 as Public Holidays to mark this year’s Eid-al-Fitr Celebration. Director Press and...
Covid-19: Kano lifts lockdown between 10am and 2pm
Kano state government has released operational guidelines for the controlled easing of the pandemic-induced restriction, following the extension of the lockdown imposed by the...