Business

The Bauchi State Board of Internal Revenue Service (BIRS) says it will introduce Quickteller services for the Internally Generated Revenue (IGR) of the state. The Chairman of the Board, Mr Hussaini Jibo, said this on Thursday in an…

The Equities market closed Friday on a positive note, as NSEASI appreciated by +1.38% to close at 31,005.17 basis points as against +0.40% appreciation recorded previously. Its Year-to-Date (YTD) returns currently stands at -1.35%. Market…

The Bureau of Public Enterprises (BPE) may have concessioned the Warri old Port Terminal B to Ocean& Cargo Terminal Services Limited. Speaking at the signing ceremony, which was witnessed by witnessed by critical stakeholders…

In a bid to ensure that at least 80 percent of Nigerians have access to banking and other financial services, the Central Bank of Nigeria (CBN), has unveiled the National Financial Inclusion Strategy. Mrs. Aisha Ahmad, the CBN Deputy…

Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, has appointed Ms Arunma Oteh to its Board as a Non-Executive Director. Ms. Oteh recently joined Oxford University as an Academic Scholar at St. Antony’s…

Babajide Okeowo Analysts have predicted a fall in overall profit by deposit money banks this year, even as they predict a Gross Domestic Product (GDP) growth of 2.25%.  They hinged their pessimism about the banks on account of a…

Babajide Okeowo Living in the big city comes with its thrills and frills. The urban life comes with all its fun spot, side attractions, and glitterati. On the flipside though, it can be very expensive to live in the city. So, taking some…

MaechiUba NEM Insurance Plc, a leading insurance group in Nigeria has announced that Advanced Finance and Investment Group (AFIG Funds), a leading African private equity fund manager has acquired 29.9 per cent of its shares from some…

Babajide Okeowo The Managing Director/Chief Executive Officer of Heritage Bank, MrIfie Sekibo, has disclosed that the bank is anticipating fresh capital injection from investors. This is even as he revealed that the bank will soon be…

Stakeholders in oil and gas industry have demanded an end to the Petroleum Subsidy Fund (PSF) scheme, warning that the N800 billion debt servicing to oil marketers remained unsustainable. They equally advised that total deregulation of…