THE Institute of Chartered Accountants of Nigeria (ICAN) is pushing for the adoption of the Accountability Index (AI) by the three tiers of government to enhance prudent management or public finance. Making the presentation to […]
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Business News
NSCDC, CBN nab 10 for hawking naira notes
GTB partners New Works Limited, NIS on e-payment solutions services
GUARANTY Trust Bank (GTB) has partnered with New Works Limited and the Nigeria Immigration Service (NIS) to deliver an end-to-end process for Nigerians to apply for their International Passports online and also make payments at […]
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MAN urges CBN to reduce interest rate to boost lending
THE Manufacturers Association of Nigeria (MAN), has urged the Central Bank of Nigeria (CBN) to reduce its Monetary Policy Rate (MPR) from 14 per to boost lending to the real sector. The MAN President, Dr […]
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Union Bank records half year N11.7 bn profit before tax
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UNION Bank of Nigeria Plc on Wednesday reported N11.7 billion profit before tax for the half year ended June 30. The bank stated this in its unaudited result submitted to the Nigerian Stock Exchange (NSE) […]
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Ex-NACCIMA boss asks FG not to sign Africa free trade agreement
DR John Isemede, former Director-General, Nigerian Association of Chambers of Commerce, Industries, Mines and Agriculture (NACCIMA), has advised Federal Government against signing the Continental Free Trade Area (CFTA) agreement. Speaking at a business roundtable on […]
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Customs seize N1.1bn contraband in two months
THE Federal Operations Unit, Zone A of the Nigerian Customs Service (NCS) has intercepted banned contraband worth N1,188,090,009 between June and July 2018. This is even as the Unit said it arrested 10 suspects in […]
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Ignore pressure to sign-on to AfCFTA agreement, MAN urges FG
THE Manufacturers Association of Nigeria (MAN) has urged the Federal Government to ignore pressure from certain quarters in the industry to urgently sign-on to the African Continental Free Trade Agreement (AfCFTA). Dr Frank Jacobs, President […]
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MPC retains lending rate at 14%, cautions FG on 2019 election spending
THE Monetary Policy Committee (MPC) has retained the Monetary Policy Rate at 14 per cent, to combat inflation due to foreseen increase in government spending ahead of the 2019 elections. The Central Bank of Nigeria […]
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