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Home Category Business Finance

Finance

Breaking News

The World Bank has warned that fuel subsidies are harmful to Nigeria’s economy.

by Ayodele Oluwatosin
April 18, 2022

Finance minister: Over 5,000 debtors owe 10 government agencies N4.67tn

Finance minister: Over 5,000 debtors owe 10 government agencies N4.67tn
by Ayodele Oluwatosin
April 12, 2022

The Federal Government has revealed that over 5,000 debtors owe its agencies a total of N4.67 billion.   Zainab Ahmed, the Minister of Finance, Budget, and National Planning, said on...

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The profitability of Fidelity Bank increased by 35.7% to N38.1bn

The profitability of Fidelity Bank increased by 35.7% to N38.1bn
by Ayodele Oluwatosin
April 5, 2022

Fidelity Bank Plc reported a 35.7 percent increase in Profit Before Tax, or PBT, in its fiscal year 2021, bringing the total to N38.1 billion.   The bank's gross earnings...

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Harvard economist describes Emefiele as a serious contender

Harvard economist describes Emefiele as a serious contender
by Ayodele Oluwatosin
March 29, 2022

Godwin Emefiele, the Governor of the Central Bank of Nigeria, has been hailed as a serious contender for the office of President of Nigeria in the upcoming 2023 general elections...

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How we’re raising money for Nigerian projects : Jianchun, Chinese Ambassador to Nigeria

How we’re raising money for Nigerian projects : Jianchun, Chinese Ambassador to Nigeria
by Ayodele Oluwatosin
March 28, 2022

Mr Cui Jianchun, the Chinese Ambassador to Nigeria, has stated that China is working diligently to assist Nigeria in obtaining "appropriate and reliable" funds from institutions in order to enhance...

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The GTI Group creates a mutual fund with a N5 billion football fund

The GTI Group creates a mutual fund with a N5 billion football fund
by Ayodele Oluwatosin
March 28, 2022

With the introduction of a mutual fund for the growth of Nigeria's sports ecosystem by GTI Organization, a major finance and investment group, the Nigerian capital market has opened up...

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Neimeth increases profit by 27 percent, declares a 7k dividend

Neimeth increases profit by 27 percent, declares a 7k dividend
by Ayodele Oluwatosin
March 28, 2022

Neimeth International Pharmaceuticals Plc has announced an after-tax profit of N271 million for the fiscal year 2021, up 27% from the previous year's result of N212.47 million.   The company's...

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Reps ask CBN to enforce coin usage.

Reps ask CBN to enforce coin usage.
by Ayodele Oluwatosin
March 23, 2022

The Nigerian House of Representatives has called on the Central Bank to "reinforce the use of coins as legal currency and ensure that banks fully comply with the use of...

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Latest News

Prince William has issued Harry, Meghan Markle, and their children a strong warning

Prince William has issued Harry, Meghan Markle, and their children a strong warning

February 14, 2023
This year, Saudi Arabia will send its first female astronaut into space

This year, Saudi Arabia will send its first female astronaut into space

February 14, 2023
Vladimir Putin intends to stage a coup in this nation. The US expresses great concern

Vladimir Putin intends to stage a coup in this nation. The US expresses great concern

February 14, 2023
South Korea abandons its indoor anti-Covid mask requirement, despite persistent infection fears

South Korea abandons its indoor anti-Covid mask requirement, despite persistent infection fears

January 30, 2023

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